Market Failure and Government Intervention · Microeconomics

Information Failure

Exploring how unequal access to information leads to inefficient market outcomes.

Key Questions

  1. 1How do labels and regulations protect consumers in the marketplace?
  2. 2What happens to market efficiency when sellers know more than buyers?
  3. 3Why is the used car market a classic example of market failure?

MOE Syllabus Outcomes

MOE: Market Failure and Government Intervention - S4
Level: Secondary 4
Subject: Economics
Unit: Market Failure and Government Intervention
Period: Microeconomics

Suggested Methodologies

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