This is one of a set of 20 Powerpoints (and accompanying Notes/Key Terms sheets) that I have created for my own teaching which between them cover the entirety of the microeconomic topics in the new (linear) AQA AS Economics specification (7135). They follow the order of teaching recommended by the exam board and (generally) the AQA-approved textbook (Powell & Powell, 2015).
Key terms covered in this Powerpoint: (section 3.1.5.5 of the specification):
merit goods
privately optimal
socially optimal
subsidy
demerit goods
tax
value judgement
the information problem
Key terms covered in this Powerpoint: (section 3.1.5.5 of the specification):
merit goods
privately optimal
socially optimal
subsidy
demerit goods
tax
value judgement
the information problem
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