Market Failure and Government Intervention · Microeconomics

Methods of Intervention

Evaluating the effectiveness of taxes, subsidies, and regulations in correcting market outcomes.

Key Questions

  1. 1What are the unintended consequences of high sugar taxes?
  2. 2Who benefits and who bears the costs of a national minimum wage?
  3. 3How does government failure occur when attempting to fix market failure?

National Curriculum Attainment Targets

A-Level: Economics - Government Intervention in MarketsA-Level: Economics - Government Failure
Year: Year 12
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 Public Goods

Identifying the impact of third-party costs and benefits and the challenges of providing non-excludable goods.

2 methodologies

Information Gaps

Analyzing how asymmetric information between buyers and sellers leads to market distortions.

2 methodologies

Browse curriculum by country

AmericasUSCAMXCLCOBR
EuropeUKIEFRDEESITNLPTSE
Asia & PacificINSGAU