Economic impacts on third parties, including social costs and benefits, spillover effects, and their theoretical solutions.

Most popular content: Economic Externalities and Effects

Psychiatric Harm Claims

Explore the legal framework surrounding psychiatric harm in negligence claims. This summary covers key concepts such as primary and secondary victims, the Alcock test, and relevant case law including Reilly v Merseyside and Page v Smith. Ideal for A-level law students studying tort law, this resource provides essential insights into who can claim for psychiatric injuries and the conditions that must be met.

Law

China's Air Pollution Crisis

Explore the impact of negative externalities on air quality in China, focusing on the economic implications of fossil fuel consumption and government regulations. This summary covers key concepts such as marginal social cost, market failure, and the challenges of enforcing environmental policies. Ideal for A-level Economics students seeking to understand the relationship between production practices and public health.

Economics

Addressing Negative Externalities

Explore the impact of negative externalities and government intervention in economics. This study note covers key concepts such as Pigovian taxes, regulatory policies, and the implications of taxation on consumer and producer burdens. Understand how these measures aim to correct market failures and achieve social optimum levels. Ideal for A-level Economics students preparing for exams.

Economics

Understanding Private Nuisance

Explore the key elements of private nuisance, including reasonableness factors, parties involved, and applicable defences. This summary covers essential case law and practical implications for land use, helping students grasp the complexities of nuisance law.

Law