Merit and Demerit Goods
Students explore the concepts of merit and demerit goods and the rationale for government intervention.
Key Questions
- Differentiate between merit goods and demerit goods.
- Explain why the free market under-provides merit goods and over-provides demerit goods.
- Evaluate the effectiveness of government policies to encourage merit good consumption and discourage demerit good consumption.
National Curriculum Attainment Targets
Suggested Methodologies
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