Market Failure and Government Intervention · Microeconomics

Government Failure

Evaluating cases where government intervention leads to a net welfare loss or unintended consequences.

Key Questions

  1. 1What trade-offs does this policy create for future generations?
  2. 2How do political incentives distort economic outcomes?
  3. 3Why might a price ceiling lead to a black market?

National Curriculum Attainment Targets

GCSE: Economics - Market FailureGCSE: Economics - Government Intervention
Year: Year 11
Subject: Economics
Unit: Market Failure and Government Intervention
Period: Microeconomics

Suggested Methodologies

Ready to teach this topic?

Generate a complete, classroom-ready active learning mission in seconds.

Generate a Custom MissionBrowse Lesson Plan Templates

More in Market Failure and Government Intervention

Externalities and Environment

Analyzing the impact of production and consumption on third parties who are not involved in the transaction.

3 methodologies

Public Goods and Merit Goods

Investigating goods that are under-provided or not provided at all by the private sector.

2 methodologies

Browse curriculum by country

AmericasUSCAMXCLCOBR
EuropeUKIEFRDEESITNLPTSE
Asia & PacificINSGAU