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Edexcel A-Level Economics AS 1.3.6 1c Contexts in Which Governments May Intervene Health Housing Education Transport Questions

Practise evaluating government intervention in education through spending data, external benefits, productivity gains and possible government failure.

Syllabus
First assessment 2019
Course
Economics YEC11
Level
AS

Exam points

  • compare absolute and percentage changes in education spending across income groups
  • analyse education benefits through skills, earnings, productivity, external gains and productive potential
  • explain how spending can correct underconsumption, information gaps and output below the social optimum
  • evaluate intervention through magnitude, time lags, opportunity cost, administration and unintended effects

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