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Economics cover artwork
  1. Intl A Level
  3. Economics CIE

Economics

Economics cover artwork
  1. Intl A Level
  3. Economics CIE
  5. 8.1.1 application and effectiveness of measures to tackle different forms of market failure

8.1.1 application and effectiveness of measures to tackle different forms of market failure

Spec 9708

Revise CIE Intl A Level Economics 8.1.1 application and effectiveness of measures to tackle different forms of market failure with the lessons, revision guides, and flashcards.

application and effectiveness of measures to tackle different forms of market failure: • specific and ad valorem indirect taxes • subsidies • price controls • production quotas • prohibitions and licences • regulation and deregulation • direct provision • pollution permits • property rights • nationalisation and privatisation • provision of information • behavioural insights and ‘nudge’ theory

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