Econ1 - Market Failure
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Tory row over cheese - Telegraph

Tory row over cheese - Telegraph | Econ1 - Market Failure | Scoop.it
Conservative ministers clash over plans to intensify a campaign urging people to cut down on the amount of full fat dairy products they eat
Mr Jackson's insight:

Interesting article that outlines potential issues following on from government intervention through an information campaign to stop people eating too much cheese and other full fat dairy products

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Ban car boot tuck shop: Parents rage at trader hawking junk food to kids at school gates

Ban car boot tuck shop: Parents rage at trader hawking junk food to kids at school gates | Econ1 - Market Failure | Scoop.it
The unnamed trader has been opening up his Suzuki Wagon R every morning to reveal hundreds of unhealthy treats for pupils at Ellis Guilford School in Nottingham.
Mr Jackson's insight:

Lots of economics to discuss here. How could we bring government failure into this article?

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Plain cigarette packaging could be brought in by 2015 - Telegraph

Plain cigarette packaging could be brought in by 2015   - Telegraph | Econ1 - Market Failure | Scoop.it
Cigarettes sold in non branded packaging could appear on the shelves of shops by 2015 after a new review is announced this morning
Mr Jackson's insight:

A form of government intervention which could be used to reduce market failure due to over production of cigarettes.  Question is would it achieve its aim?  Short run v long run?  Any unintended consequences?

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Sugary Drinks Tax 'Could Raise Treasury £275m'

Sugary Drinks Tax 'Could Raise Treasury £275m' | Econ1 - Market Failure | Scoop.it
A 20% tax could reduce demand and fight obesity and tooth decay, but some researchers claim taxing food is politically unworkable.
Mr Jackson's insight:

This brings in the issue of government intervention to help reduce the market failure caused by this demerit good.  Think about the possible pros and cons of this policy and then link in the area of government failure

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World Health Organisation advises halving sugar intake - Telegraph

World Health Organisation advises halving sugar intake - Telegraph | Econ1 - Market Failure | Scoop.it
The World Health Organisation advises halving the amount of sugar that people consume daily, after Britain's chief medical officer Dame Sally Davies said a sugar tax may be needed to curb obesity rates
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Motorists face 60mph speed limit on motorways - Telegraph

Motorists face 60mph speed limit on motorways - Telegraph | Econ1 - Market Failure | Scoop.it
Motorists face 60mph speed limit on some roads because of EU rules to limit air pollution
Mr Jackson's insight:

Excellent reading for econ1.  An example of a government policy to reduce negative externalities caused by driving/pollution.  From an evaluation point of view see if you identify any possible areas of government failure that could arise due to this policy.

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Two-thirds of councils turning street lights down, research finds - Telegraph

Two-thirds of councils turning street lights down, research finds - Telegraph | Econ1 - Market Failure | Scoop.it
Hundreds of thousands of street lights dimmed or switched off as councils seek to save money but AA and Rospa warn of greater accident risks
Mr Jackson's insight:

Classic example of market failure, government intervention and possible government failure.

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Negative Externalities and Obesity- Evaluation: Fat pledge 'a drop in the ocean'

Negative Externalities and Obesity- Evaluation: Fat pledge 'a drop in the ocean' | Econ1 - Market Failure | Scoop.it

Via Matt Smith
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Matt Smith's curator insight, October 26, 2013 7:16 AM

Think about  the impact of changes and whether they will have any real effect.

markkennedy8's curator insight, December 4, 2013 5:22 AM

How effective would the Government measures be?

How elastic are these products?  Does that make a difference ?

Lisa's curator insight, February 27, 2015 9:31 AM

Revise this for Merit/Demerit

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Merit Goods: How to encourage more Cycling and walking

Merit Goods: How to encourage more Cycling and walking | Econ1 - Market Failure | Scoop.it

Cycling and walking should be the norm for short journeys, experts say.


Via Matt Smith
Mr Jackson's insight:

An example of how this article contains examples of merit goods

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