Econ 1 Government Failure
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Econ 1 Government Failure
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Demerit Good: Gambling machine crackdown rejected

Demerit Good: Gambling machine crackdown rejected | Econ 1 Government Failure | Scoop.it
The government rules out a crackdown on high-stakes gambling machines from betting shops despite warnings by campaigners about their addictive nature.

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Matt Smith's curator insight, January 11, 2013 2:25 AM

Can you spot the negative externalities in this article? Also can you draw the diagram and explain it?

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Evaluation. Fears of a Shadow Market: Plain packaging on cigarettes packets.

Evaluation. Fears of a Shadow Market: Plain packaging on cigarettes packets. | Econ 1 Government Failure | Scoop.it
Tobacco industry hires two of the world's most powerful PR firms in attempt to stop other countries following Australia's lead...
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Negative Externalities: Hong Kong chokes on own success

Really interesting short clip from Al Jazeera news. How could the pollution be built into the market mechanism? One idea is advising residents to grow longer nasal hair! 


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Negative externalities: Wind farm impact to be examined

Negative externalities: Wind farm impact to be examined | Econ 1 Government Failure | Scoop.it
The firm behind a planned offshore wind farm on the south coast of England says it will look to see how it can "mitigate" campaigners' concerns.
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Matt Smith's curator insight, December 15, 2012 12:30 PM

Can you spot the Negative and the positive externalities?

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Unit 1 Micro: Revision Presentation on Government Intervention

Here is a short 35 slide revision presentation on government intervention in markets designed for AS microeconomics revision.
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Twitter / theipaper: Government in funding u-turn ...

“@theipaper: Government in funding u-turn on flood defences #tomorrowspaperstoday http://t.co/U2IkV5C8”; public goods anyone?
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Government Failure: Work programme misses job target

Government Failure: Work programme misses job target | Econ 1 Government Failure | Scoop.it

The government's flagship welfare-to-work programme has failed to hit its main target of getting people into long-term jobs, official figures show.


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Wine connoisseurs pay record prices at Burgundy auction - Telegraph

Wine connoisseurs pay record prices at Burgundy auction - Telegraph | Econ 1 Government Failure | Scoop.it
Burgundy’s famous annual charity wine auction at the Hospices de Beaune smashed its previous record with a total sale of 5.9 million euros.
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Alcohol at 40p, 45p or 50p a unit to be Cameron choices for minimum price

Alcohol at 40p, 45p or 50p a unit to be Cameron choices for minimum price | Econ 1 Government Failure | Scoop.it
Widespread public opposition to curbing cheap booze sales by penalising moderate drinkers (Econ1 government intervention RT @guardian: Alcohol at 40p, 45p or 50p a unit to be Cameron choices for minimum price http://t.co/po0flTnV...)...
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Classic Government Failure example: Fish discards branded 'criminal'

Classic Government Failure example: Fish discards branded 'criminal' | Econ 1 Government Failure | Scoop.it

The chairman of the Anglia Fishermen's Association questions the EU's fishing proposals.


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Demerit Goods and Minimum Price: Young Brits More Likely To Get Drunk | Econ1 Market Failure

Demerit Goods and Minimum Price: Young Brits More Likely To Get Drunk | Econ1 Market Failure | Econ 1 Government Failure | Scoop.it
The findings of a new survey confirm fears that cheap alcohol encourages young people in particular to drink to excess.
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Mr Allum's Economics Blog: AS Economics ECON1: Market Failure ...

Mr Allum's Economics Blog: AS Economics ECON1: Market Failure ... | Econ 1 Government Failure | Scoop.it
AS Economics ECON1: Market Failure - Revision Aid. Click here for the revision plan. Posted by Mr Allum at 05:58 · Email ThisBlogThis!Share to TwitterShare to Facebook ...
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Evaluation. Demerit Goods: Denmark to abolish food fat tax

Evaluation. Demerit Goods: Denmark to abolish food fat tax | Econ 1 Government Failure | Scoop.it

The Danish government says it will scrap a tax on foods high in saturated fats, acknowledging that the measure led to a rise in food prices.


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Unit 1 Micro: Getting Higher Marks for Evaluation!

Some brief advice on getting higher evaluation marks. (RT @tutor2u_econ: Unit 1 Micro: Getting Higher Marks for Evaluation!
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Demerit goods & taxation: Air tax 'may hit UK tourism' - Evaluation

Demerit goods & taxation: Air tax 'may hit UK tourism' - Evaluation | Econ 1 Government Failure | Scoop.it
The 8% increase in Air Passenger Duty could discourage tourists from travelling to the UK, according to airlines.
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Merit Good and Govt Intervention: Cheap vitamin D 'would boost health'

Merit Good and Govt Intervention: Cheap vitamin D 'would boost health' | Econ 1 Government Failure | Scoop.it
Increasing access to cheap vitamin D supplements would improve the health of at-risk groups including children, experts say.

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Minimum and maximum prices

Minimum and maximum prices | Econ 1 Government Failure | Scoop.it
Government Intervention in markets (“@EdgbarrowBS: “@TheBeachTeach: Min & max prices: 3 case studies Alcohol, Rent and wages on @scoopit http://t.co/YOlo8gEa. #ECON1"...)...
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as aqa economics: econ 1 review material

Supporting Students Studying Econ 1 Markets and Market Failure AQA Economics (2140). Friday, 7 December 2012. econ 1 review material. tutor2u revision day material econ 1. Posted by ec at 02:31. Labels: econ 1, review, revision ...
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Government Failure: Solar investment 'flounders' as government fails to confirm subsidy cuts

Government Failure: Solar investment 'flounders' as government fails to confirm subsidy cuts | Econ 1 Government Failure | Scoop.it

The government has been accused of causing investor uncertainty that could cripple the fledgling solar farm market, by delaying a decision on subsidy cuts that are expected to come into effect in less than four months.


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Rolling Stones tickets remain unsold after price hike - Telegraph

Rolling Stones tickets remain unsold after price hike - Telegraph | Econ 1 Government Failure | Scoop.it
Hundreds of tickets for the Rolling Stones 50th anniversary gigs remained unsold on Sunday night as touts were accused of pricing fans out of the market.
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Demerit Good. Evaluation. Big Brewer Slams 40% Beer Tax Rise | Econ1 Market Failure

Demerit Good. Evaluation. Big Brewer Slams 40% Beer Tax Rise | Econ1 Market Failure | Econ 1 Government Failure | Scoop.it
SABMiller, the world's second biggest brewer, is the latest to hit out at the Government's beer duty escalator. (#Econ1 Great Evaluation.
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Government Intervention: Evaluation. Renewable Energy will increase bills for customers.

Government Intervention: Evaluation. Renewable Energy will increase bills for customers. | Econ 1 Government Failure | Scoop.it

The government outlines plans to spend £7.6bn on cleaner energy by 2020, to be paid for through household bills, but delays a decision on long-term emissions targets.


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Econ1 Market Failure

Econ1 Market Failure | Econ 1 Government Failure | Scoop.it
Stories and theory on Market Failure (Econ1 Market Failure http://t.co/jlVvm7J9...)...
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Worthwhile Canadian Initiative: Free-riding economists, revisited

Worthwhile Canadian Initiative: Free-riding economists, revisited | Econ 1 Government Failure | Scoop.it
In a classic experimental economics paper, Marwell and Ames observed Economists Free Ride, Does Anyone Else?
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as aqa economics: exam technique econ1

Supporting Students Studying Econ 1 Markets and Market Failure AQA Economics (2140). Friday, 20 April 2012. exam technique econ1. Advice for AS Economics Unit 1 ...
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Edward Wilkinson's curator insight, December 15, 2014 10:12 AM

Econ 1 Exam Technique