Evaluate possible methods of government intervention to control household energy bills in the UK.
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Specification point 3.6.2 · Theme 3
Government intervention · Business behaviour and the labour market
Questions tagged to this specification point
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Long-form evaluation and discussion
Evaluate possible methods of government intervention to control household energy bills in the UK.
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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.
Questions built around exam extracts
Case study · The UK Rail Industry
Assess whether complete nationalisation of the rail industry might protect employees.
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Case study · Energy and telecommunication markets in the UK
Discuss methods of government intervention to protect consumers within the utilities markets, such as energy and telecommunications.
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Case study · The UK energy market
With reference to Extract B, assess how the regulation of energy suppliers’ profits is likely to affect consumers and suppliers in the energy market.
Focused calculations, explanations and diagrams
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Quick checks of economic understanding
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