PPT covering unit 8.2
8.2 Equity and redistribution of income and wealth
8.2.1 difference between equity and equality
8.2.2 difference between equity and efficiency
8.2.3 distinction between absolute poverty and relative poverty
8.2.4 the poverty trap
8.2.5 policies towards equity and equality, for example:
• negative income tax
• universal benefits and means-tested benefits
• universal basic income
- video links to key topics
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A-Level Econs (Unit 8) . Government microeconomic intervention
8.1 Government policies to achieve efficient resource allocation and correct market failure 8.2 Equity and redistribution of income and wealth 8.3 Labour market forces and government intervention
A-Level Econs - UNIT 7 & UNIT 8
7 The price system and the microeconomy (A Level) 8 Government microeconomic intervention (A Level)
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