A-Level Economics · Syllabus 3.2
Methods and effects of government intervention in markets
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InteractiveIndirect Taxes: Impact and Incidence3.2.1 · Specific and ad valorem taxes, effect on price and quantity, incidence and tax revenue. Animations, labs and past paper practice.Open →
InteractiveSubsidies: Impact and Incidence3.2.2 · How a subsidy shifts supply, who gains, the cost and the role of elasticity. Animations, labs and past paper practice.Open →
InteractiveDirect Provision and Provision of Information3.2.3 and 3.2.6 · State provision of goods and services and information to correct market failure. Animations, labs and past paper practice.Open →
InteractiveMaximum and Minimum Prices3.1.3 and 3.2.4 · Why governments control prices and the effects of price ceilings and floors. Animations, labs and past paper practice.Open →
InteractiveBuffer Stock Schemes3.2.5 · Price floors and ceilings to stabilise agricultural prices, with costs and risks. Animations, labs and past paper practice.Open →
InteractiveMethods and Effects of Government InterventionIndirect taxes and incidence, subsidies, direct provision, price controls, buffer stocks and information, with diagrams, labs and exam practice.Open →
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