Economics

English (UK)

Market Mechanism, Market Failure and Government Intervention in Markets

Explore key concepts in microeconomics, focusing on externalities, market failures, and government interventions. This summary covers negative and positive externalities, demerit and merit goods, price controls, and the implications of subsidies and taxes. Ideal for AQA A Level students seeking to understand the complexities of market mechanisms and their impact on social welfare.

Microeconomics: Externalities & Market Failures

Revision note

AQA A Level Microeconomics Summarised Notes

Notes for the topics assessed on my end of year 12 exams. 

Explore essential microeconomic principles including market structures, externalities, efficiency types, and government intervention. This summary covers monopolistic competition, oligopoly, market failure, and elasticity, providing a comprehensive overview for Year 12 exam preparation.

Microeconomics Key Concepts

Microeconomics summary notes

A/AS Level economic study notes about Market Imperfections

Explore the concept of market failures in economics, focusing on factor immobility, information asymmetry, and monopolies. This summary covers key topics such as the immobility of capital, land, and labor, and their impact on resource allocation and market efficiency. Ideal for A/AS Level students seeking to grasp the complexities of market imperfections.

Market Efficiency and Failures

Market Failure

3 best study notes in Market Failure