"positive externality of production"

WJEC A-level economics revision guide (network license)

Specific WJEC A-level economics revision guide (unit 1,2,3,4) – network license £105.00
Updated for the new WJEC economics syllabus.
Last updated June 2022.
Note: The syllabus is essentially same for Eduqas (English version of WJEC)
Trademark simplicity and clarity of presentation.
Significantly expanded on previous version, with not just required knowledge, but also examples of evaluation for each topic.
It comes in pdf format and is sent within a couple of hours after purchase.

About network license

Allows unlimited use within one educational establishment.
Package includes word documents, to enable modification for teaching.

OCR AS Revision guide (network license)

Specific OCR AS economics revision guide updated for the new OCR economics syllabus (first exam 2016)
Trademark simplicity and clarity of presentation.
Significantly expanded on previous version, with not just required knowledge, but also examples of evaluation for each topic.
It comes in pdf format and is sent within a couple of hours after purchase.

About network license

Allows unlimited use within one educational establishment.
Comes with word documents too, to enable modification for teaching.

AS AQA economics revision guide (network license)

Specific AQA AS economics revision guide updated for the new AQA economics syllabus (first exam 2016)
Trademark simplicity and clarity of presentation.
Significantly expanded on previous version, with not just required knowledge, but also examples of evaluation for each topic.
It comes in pdf format and is sent within a couple of hours after purchase.

About network license

Allows unlimited use within one educational establishment.
Comes with word documents too, to enable modification for teaching.

AS economics revision guide

AS-Level Economics Revision Guide.
Simple and clear explanations.
Relevant diagrams and evaluation to go with basic definitions and concepts.
Recently updated.
Economics revision guide (e-book) designed for AS Level. (first year of A level)

If you do a specific exam board, you can choose a specific revision guide:

Sent shortly after purchase

For schools: Network license – £45.00

A missing market is a type of market failure. A missing market means that there is some obstruction to an efficient free market which would enable a Pareto efficient distribution of resources but for various reasons this market doesn’t exist.

Economics A-Z

Macroeconomic notes Balance of payments Budget deficit Economic growth Fiscal policy Globalisation Exchange rates European Union The Euro Monetary policy Inequality Inflation International trade Supply side policies Unemployment Microeconomics notes AS Consumer and producer surplus Demand Economies of scale Elasticity Price elasticity of demand Cross elasticity of demand Income elasticity of demand Price elasticity of …

Essay: Discuss whether the govt should subsidise companies who develop catalytic converters AQA (15)

Catalytic converters help reduce pollution and therefore have positive externalities. This means that if consumers use them there will be benefits to a third party, because there will be less pollution and health problems. In a free market there may be under provision of catalytic converters, for various reasons. Firstly, because there are positive externalities …

Criticism of Free Market Economics

Free market economics believes government intervention should be limited to the protection of private property. It is advocated by many economists especially in the Chicago, and Austrian school of Economics. However, although free markets have advantages, such as greater efficiency, there are several criticisms levelled at purely free market economies. Criticisms of free-market economics Inequality. …