A* AQA A/AS-Level Economics notes on imperfect information covering the second topic in individual economic decision making. Includes key terms, causes, analysis, and the evaluation of policies to reduce market failure covering all specification points for this topic.
(Specifications 7135 & 7136)
Includes:
- The importance of information for decision making.
- The significance of asymmetric information.
- Policies to correct information failure
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