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Market Failure and Government Intervention · Spring Term

Negative Externalities in Consumption

Students identify the impact of third-party costs from consumption activities.

Key Questions

  1. Analyze how negative externalities in consumption lead to overconsumption.
  2. Explain the divergence between private and social benefits in the presence of consumption externalities.
  3. Evaluate the societal costs of goods with significant negative externalities.

National Curriculum Attainment Targets

A-Level: Economics - Market FailureA-Level: Economics - Positive and Negative Externalities
Year: Year 12
Subject: Economics
Unit: Market Failure and Government Intervention
Period: Spring Term

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