Contents
Introduction.......................................................................................................................................... 2
1. Explain what is meant by the term ‘market failure’. In your answer you must refer to the
role of government in relation to each of the following..................................................................... 3
2. select one current government policy on competition and,....................................................... 6
a) explain the policy selected........................................................................................................ 6
b) Identify and describe the instruments used to achieve your chosen policy..........................6
c) Evaluate the success or failure of your chosen policy in relation to its use within the UK.6
, Introduction
The assessment is based on the task of understanding the economic issues that a
government could face due to various policies and to investigate how this economic issue
has an impact on the country both internally and externally.
2
Introduction.......................................................................................................................................... 2
1. Explain what is meant by the term ‘market failure’. In your answer you must refer to the
role of government in relation to each of the following..................................................................... 3
2. select one current government policy on competition and,....................................................... 6
a) explain the policy selected........................................................................................................ 6
b) Identify and describe the instruments used to achieve your chosen policy..........................6
c) Evaluate the success or failure of your chosen policy in relation to its use within the UK.6
, Introduction
The assessment is based on the task of understanding the economic issues that a
government could face due to various policies and to investigate how this economic issue
has an impact on the country both internally and externally.
2
