A Level Economics: Market Failure

Full lesson materials for the entirety of the Edexcel A-Level ‘market failure’ topic (part of unit 1)
Includes enough material for roughly 8-10 hours worth of lessons.
Contains 140 PowerPoint slides. This includes full explanation of all diagrams needed aswell as detailed exam technique guidance.

Specific contents include:

• Introduction to the concept of market failure
• Detailed explanation of externalities. Including all four externality diagrams, and exam technique walkthrough for questions on this area.
• Explanations of the main government interventions to solve market failures (including evaluations).
• Detailed explanation of what public goods are and why they represent a market failure
• Detailed explanation of information failure.
• Detailed explanation of labour immobility
• Detailed explanation of unstable commodity prices
• Example Edexcel exam questions

There are suggested exercises for classes, making this perfect as a teaching resource. This can also be a useful revision resource for students.