AQA AS Economics 7135 · 3.1.5.2
The meaning of market failure
- Code
- 3.1.5.2
- In
- 3.1.5 The market mechanism, market failure and government intervention in markets
- Topic
- 3.1 The operation of markets and market failure
- Course
- AS Economics 7135
- Board
- AQA
Codes and titles are read by a script from AQA's published specification and have not been checked by a person. What each point covers is in the specification itself: AQA’s specification.
Points in 3.1.5 The market mechanism, market failure and government intervention in markets
- 3.1.5.1 How markets and prices allocate resources
- 3.1.5.2 The meaning of market failure
- 3.1.5.3 Public goods, private goods and quasi-public goods
- 3.1.5.4 Positive and negative externalities in consumption and production
- 3.1.5.5 Merit and demerit goods
- 3.1.5.6 Market imperfections
- 3.1.5.7 An inequitable distribution of income and wealth
- 3.1.5.8 Government intervention in markets
- 3.1.5.9 Government failure