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When intervention makes things worse

When intervention makes things worse

Government failure occurs when government intervention creates a net welfare loss, leaving the economy worse off than it would have been without the intervention. In macroeconomics, this can happen when fiscal, monetary or supply-side policies are poorly designed or mistimed.

10.3.3 existence of government failure in macroeconomic policies Lesson

  1. Intl A Level
  2. /Economics
  3. /10.3.3 existence of government failure in macroeconomic policies

Step-by-step lessons on CIE Intl A Level Economics 10.3.3 existence of government failure in macroeconomic policies. Each one builds up to exam-style questions.

Lessons