Market failure
- negative externalities in production
- chain of reasoning
- diagram
- example
- negative externalities in production
- chain of reasoning
- diagram
- example
- negative externalities in production
- chain of reasoning
- diagram
- example
- negative externalities in production
- chain of reasoning
- diagram
- example
- free rider problem
- chain of reasoning
- example
- tragedy of the commons
- chain of reasoning
- example
Government intervention
- indirect tax
- description
- diagram
- reason
- evaluation
- subsidy
- description
- diagram
- reason
- evaluation
- maximum price
- description
- diagram
- reason
- evaluation
- minimum price
- description
- diagram
- reason
- evaluation
- provision of information
- description
- diagram
- reason
- evaluation
- state provision
- description
- diagram
- reason
- evaluation
- pollution permits
- description
- diagram
- reason
- evaluation
Market structures
- Perfect competition
- characteristics
- is it realistic?/ examples
- examples
- diagram
- short run vs long run
- pros
- cons
- Monopolistic competition
- characteristics
- is it realistic?/ examples
- diagram
- short run vs long run
- pros
- cons
- Monopoly
- characteristics
- is it realistic?/ examples
- diagram
- pros
- cons
- Natural monopoly
- characteristics
- is it realistic?/ examples
- diagram
- pros
- cons
- Collusive oligopoly
- characteristics
- is it realistic?/ examples
- diagram
- pros
- cons
- Competitive oligopoly
- characteristics
- is it realistic?/ examples
- diagram
- pros
- cons
- Price discrimination
- conditions
- is it realistic?/ examples
- diagram
- pros
- cons
Labour markets
- demand for labour
- definition
- factors
- real life examples
- supply of labour
- definition
- factors
- real life examples
- minimum wage in a competitive labour market
- description
- example
- diagram
- chain of reasoning
- evaluation
- minimum wage in a monopsony labour market
- description
- example
- diagram
- chain of reasoning
- evaluation
- education and training
- description
- example
- diagram
- chain of reasoning
- evaluation