Market Failure (Problems with the Market System)

This is a whole lesson on Market Failure and where intervention or regulation is required in the market system. How to deal with negative externalities and the difference between merit, demerit and public goods. It is ready-made and requires no prep time. It is also great for home learning. 18 slide presentation + resources.

The lesson includes:

• Starter
• Learning Objectives (differentiated)
• Keywords
• Excellent Teaching Slides (including relevant graphs)
• Key Questions
• Handout - to help with student notes on public, merit and demerit goods
• worksheet (with answers)
• Exam Question (with model answers)
• Plenary
• HWK - article on market failure and smoking

ALL LESSONS for teaching all the different topics of the economics syllabus are available as one BIG BUNDLE in the link below:

Economics: ALL LESSONS

LASTLY:
This lesson is flat packed (limited editing) for copyright purposes.
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