Government Intervention: Indirect Taxes and Subsidies
Students evaluate the effectiveness of taxes and subsidies in correcting market outcomes related to externalities.
Key Questions
- Analyze how indirect taxes can correct negative externalities.
- Explain how subsidies can encourage the provision of goods with positive externalities.
- Evaluate the unintended consequences of implementing taxes or subsidies.
National Curriculum Attainment Targets
Suggested Methodologies
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