Topics
Deadweight loss
The loss in producer and consumer surplus due to an inefficient level of production perhaps resulting from market failure or government failure.
A loss of economic efficiency that occurs when the equilibrium outcome is not achievable or not achieved, often due to market distortions like taxes or subsidies.
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Complete and Partial Market Failure
Study Notes
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IB Economics - Government Subsidies
Study Notes
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4.1.8.10 Government Failure (AQA A-Level Economics Teaching PowerPoint)
Teaching PowerPoints
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1.4.2 Government Failure (Edexcel A-Level Economics Teaching PowerPoint)
Teaching PowerPoints
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1.4.2 Government Failure (Edexcel)
Study Notes
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1.3.1 Types of Market Failure (Edexcel)
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1.2.8 Consumer and Producer Surplus (Edexcel)
Study Notes
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Key Diagrams - Negative Consumption Externalities
Topic Videos
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Key Diagrams - Negative Production Externalities
Topic Videos
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Price Discrimination - Four Revision Videos
Topic Videos
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Key Diagrams - Consumer and Producer Surplus
Topic Videos
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Welfare Loss - Applying The Concept in Exams
Topic Videos
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Government Failure - green homes scheme branded as a ‘slam dunk fail’
2nd December 2021
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Pigouvian Taxes - Beyond Meat boss backs tax on meat consumption
3rd August 2021
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Government Failure - Topical Examples
Topic Videos
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Government Failure - Selection of Revision MCQs
Practice Exam Questions
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Deadweight Loss of Welfare Short Answers
Topic Videos
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Plastic Pollution and Market Failure
Topic Videos
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Sustainable Growth - News Update
12th February 2021
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Indirect Taxes and Producer Surplus
Topic Videos
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Indirect Taxes and Consumer Surplus
Topic Videos
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Market Failure - Match Up Knowledge Retrieval Activity
Quizzes & Activities
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Market Failure and Government Intervention - Head Start activity
Quizzes & Activities
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Sugar (Soda) Taxes (Government Intervention)
Study Notes
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A* Evaluation on Public Goods
Topic Videos
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A* Evaluation on Information Failures
Topic Videos
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Key Micro Diagrams (Market Failure)
Topic Videos
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Subsidies: Consumer and Producer Benefit
Topic Videos
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Price Changes and Consumer Surplus
Study Notes
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Indirect Taxes (Government Intervention)
Study Notes
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Producer Subsidies (Government Intervention)
Study Notes
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Essay on Advertising and Economic Welfare
Exam Support
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Essay on Oligopoly and Collusion
Exam Support
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Producer support in markets
Study Notes
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Government Intervention - Subsidies
Teaching PowerPoints
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Maximum Prices (Government Intervention)
Study Notes
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Regulations (Government Intervention)
Study Notes
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Oligopoly - Collusion
Study Notes
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Explaining Consumer Surplus
Study Notes
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Taxing De-Merit Goods (Chain of Analysis)
Exam Support
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Deadweight Loss of Economic Welfare Explained
Topic Videos
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Indirect Taxes and Economic Welfare (MCQ Revision Questions)
Practice Exam Questions