Edexcel A-level Economics B 9EB0 · 4.3.1

Market failure in society

Code: 4.3.1
In: 4.3 Market failure across the economy
Topic: 4 Making markets work
Course: A-level Economics B 9EB0
Board: Edexcel

Codes and titles are read by a script from Edexcel's published specification and have not been checked by a person. What each point covers is in the specification itself: Edexcel’s specification.

Points under 4.3.1

4.3.1a Under-provision of merit goods
4.3.1b Positive and negative externalities
4.3.1c Over-consumption of demerit goods
4.3.1d Factor immobility (occupational and geographical)
4.3.1e Imperfect and asymmetric information
4.3.1f Consequences of environmental change

Points in 4.3 Market failure across the economy

4.3.1 Market failure in society
4.3.2 Externalities
4.3.3 Policies to deal with market failure