Comprehensive lesson containing a full PowerPoint presentation and worksheet.
Model answers for the worksheet included
The lesson outlines all the specification points of Government Intervention (3.6) within the A level Edexcel Economics course (useful for other exam boards too)
This lesson teaches the following content:
-Government intervention to control mergers
-Government intervention to control monopolies:
o price regulation
o profit regulation
o quality standards
o performance targets
-Government intervention to promote competition and contestability:
o enhancing competition between firms through promotion of small business
o deregulation
o competitive tendering for government contracts
o privatisation
-Government intervention to protect suppliers and employees:
o restrictions on monopsony power of firms
o nationalisation
-The impact of government intervention on:
o prices
o profit
o efficiency
o quality
o choice
-Limits to government intervention:
o regulatory capture
o asymmetric information
Click on the links below to check out some of our FREE resources:
Free Worksheets:
Introduction to Economics Worksheet
The Economic Problem Worksheet
Production Possibility Frontiers Worksheet
Specialisation & the Division of Labour Worksheet
Types of Economy Worksheet
Price Determination Worksheet
National Income Worksheet
Free Lessons:
Introduction to Economics Lesson
The Economic Problem Lesson
Production Possibility Frontiers Lesson
Specialisation & the Division of Labour Lesson
Types of Economy Lesson
Price Determination Lesson
National Income Lesson
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£4.99