Government intervention in markets

Evaluate the likely microeconomic effects of building major infrastructure projects.

Evaluate the likely microeconomic effects of increased spending on education.

Case study · The market for meat and the growth of vegetarianism

Evaluate the likely microeconomic effects of a reduction in subsidies to farmers of animal products (Figure 1 and Extract B, line 14). Use a relevant diagram to support your answer.

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Case study · The market for meat and the growth of vegetarianism

Evaluate the likely microeconomic effects of an increase in indirect tax on animal products (Figure 2 and Extract A, line 17). Use a relevant diagram to support your answer.

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Case study · The market for plastic in the UK

Evaluate the likely impact of a tax on plastic food-packaging. Use a diagram to support your answer.

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Case study · The market for plastic in the UK

Evaluate methods of government intervention which could be used to reduce the market failure associated with plastic waste. Use a diagram to support your answer.

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Evaluate possible methods of government intervention to control household energy bills in the UK.

Evaluate possible methods of government intervention to reduce carbon emissions caused by road transport in the UK.

Case study · The market for television content

Evaluate possible methods of government intervention to reduce the environmental damage caused by the consumption of television content.

Case study · The market for fish

Other than using a TAC, evaluate the policy options which could be used to reduce market failure resulting from over-fishing. Use at least one appropriate diagram in your answer.

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Case study · Hand car wash (HCW) firms in the UK

Evaluate the microeconomic and macroeconomic effects of increased government intervention in an industry. Refer to HCWs or another industry of your choice.

Case study · The market for higher education in the UK

Evaluate whether government intervention is able to correct market failure in education.

Case study · Markets for food and drinks high in fat, salt or sugar (HFSS)

Evaluate the microeconomic and macroeconomic effects of increased government spending on education to promote healthy eating in the UK.

Case study · Markets for food and drinks high in fat, salt or sugar (HFSS)

Evaluate the likely microeconomic and macroeconomic effects of imposing a tax on HFSS foods.

Case study · Health provision

Evaluate possible ways the government could intervene to reduce the excess demand for state-funded health care.

Case study · Energy markets

Evaluate ways in which government intervention could be used to reduce carbon emissions. Use at least one appropriate diagram in your answer.

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Evaluate the likely microeconomic effects of such a tax.

Case study · The market for cigarettes

Evaluate the impact of government intervention in the cigarette market.

Case study · The market for housing

Evaluate the likely microeconomic effects of government intervention in the UK housing market.

Case study · The market for housing

Evaluate the case for government provision of goods and services such as flood defence schemes or housing.

Case study · The economy of India

Using a demand and supply diagram, explain the cost of a subsidy on the market for cooking oil to the Indian government (Extract E, line 6).

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Case study · The electronics industry

With reference to Extract D, discuss possible methods of government intervention to reduce electronic waste.

Case study · The market for fish

Explain the likely impact of the new 2020 TACs on the price of cod. Include a supply and demand diagram in your answer.

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Case study · The travel and tourism industry

With reference to Extract C, discuss the proposed government subsidy to prevent Thomas Cook from reaching its shut-down point.

Case study · Turkey – an emerging economy

Discuss the likely success of policies to reduce the consumption of single-use plastic bags in cities such as Istanbul.

Case study · The market for higher education in the UK

With reference to Figure 2, calculate the percentage increase in outstanding student loans from 2013 to 2018. You are advised to show your working.

Case study · Health provision

Calculate the annual revenue raised by charging £12 per GP visit. Assume there will be 450 million GP visits per year and 90% of these will not be charged. You are advised to show your working.

Case study · Energy markets

Discuss the likely microeconomic effects of this decision on energy producers and consumers. Include a supply and demand diagram in your answer.

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Case study · The market for cigarettes

Explain why ‘bans on tobacco advertising’ (Extract A, line 7) may result in a decrease in the revenue of tobacco firms. Include a supply and demand diagram in your answer.

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Case study · The market for housing

With reference to Extract A, assess the likely impact of the Help to Buy scheme on the market for rented properties in the UK.

The government subsidises dental care in the UK through the National Health Service (NHS). There has been a large decrease in the work carried out by NHS dentists. Up to 90% of practices are not accepting new NHS patients. Draw an externalities diagram to identify the welfare gain area from the consumption of dental care in the UK.

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Explain one likely reason for the maximum price for an undergraduate university programme.

Singapore’s education system is provided by the state. With reference to the information above, explain why education is normally provided by the state.

Annotate the diagram below to show the original and new maximum price in this market.

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Define the term ‘minimum price’.

Explain one likely problem for the EU of maintaining prices at P .

Calculate the value of the government subsidy necessary for this production to cover all of its costs.

Explain one likely effect of reducing the number of tradable pollution permits.

Explain one likely microeconomic reason why the government is using taxpayers’ money to fund HS2.

Explain one possible reason why the state provides NHS dental treatment.

Explain why reducing the tuition fee cap may result in excess demand for university places.

Annotate on Diagram A the welfare gain area and the new social optimum output resulting from successful government intervention in the market for nursery places.

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Explain one measure the Kenyan government could use to reduce the impact of water extraction from Lake Naivasha.

Which one of the following is an example of government failure associated with the maximum price?

Which one of the following areas represents the change in producer surplus when a minimum price is imposed?

Which one of the following is the percentage increase in the maximum price to the average household bill?

Which one of the following is the most likely effect of the £180 000 fine?

In achieving a price of P , the amount spent on intervention buying by the EU would be

Regulation of firms that pollute is likely to be a problem because it

Which one of the following is likely to result in an increase in carbon emissions?

Which one of the following measures could a government introduce to achieve the social optimum consumption of nursery school places? It could introduce a: