Last updated on Aug 31, 2025
The role of markets - OCR A-Level Economics
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Explore The role of markets - OCR A-Level Economics by Sub Topics
2.1 Specialisation and trade
2.2 Demand
2.3 Supply
2.4 Consumer and producers surplus
2.5 The interaction of markets
2.6 Elasticity
2.7 The concept of the margin
2.8 Market failure and externalities
2.9 Information failure
2.10 Public goods
2.11 Government intervention
2.1 The role of specialisation and the division of labour in addressing the problem of scarcity
2.4 The impact of changes in price on consumer and producer surplus
2.5 The impact of changes in demand and/or supply in one market on a related market(s)
2.6 Factors which determine the value of PED
2.6 Factors which determine the value of YED
2.6 Factors which determine the value of XED
2.6 Factors which determine the value of PES
2.6 The usefulness and significance of PED
2.6 The usefulness and significance of YED
2.6 The usefulness and significance of XED
2.6 The usefulness and significance of PES
2.9 Consumption and production of merit goods
2.9 Consumption and production of demerit goods
2.10 The provision of public goods
2.11 The effectiveness of subsidies as a form of government intervention
2.11 The effectiveness of maximum price as a form of government intervention
2.11 The effectiveness of minimum price as a form of government intervention
2.11 The effectiveness of information provision as a form of government intervention
2.11 The effectiveness of regulation as a form of government intervention
2.11 The effectiveness of deregulation as a form of government intervention
2.11 The effectiveness of nationalisation as a form of government intervention
2.11 The effectiveness of privatisation as a form of government intervention
2.11 The effectiveness of taxation as a form of government intervention
2.11 Causes and consequences of government failure
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