Supporting Students Studying Econ 1 Markets and Market Failure AQA Economics (2140)
Sunday, 26 January 2014
demerit goods - focus on alcohol and tobacco
10 approaches to binge drinking
younge people and drinking
alcohol effects (bbc)
effects of alcohol
ready steady drink (bbc3)
bbc resources on binge drinking
1) ban prohibition
resticting consumption (res)
2)licensing laws + changing attitudes
24 hour drinking one year on (bbc 11/06)
impact of changes (bbc 11/06)
law change not changing habits (bbc 11/06)
alcohol attitudes in europe (bbc 11/07)
3) marketing and advertising
booze marketing ban (bbc 09/09)
the power of marketing (bbc 09/09)
4) minimum prices
alcohol minimum price (bbc 03/09) at a glance
eu ruling on minimum prices (smoking) ft 05/03/10
5) taxes
finlands u turn on alcohol tax (bbc 02/09)
alcohol tax rise (bbc 10/07)
impact of tax rises (guardian 03/08)
prices do not cut drinking (bbc jan 06)
6) legisaltion on age
call to raise drinking age to 21 (bbc 03/07)
7) state run monopoly
3 countries compared (bbc 11/05)
is state advertising effective (c4 june 2010)
minimum prices introduced
smoking
should we ban smoking (project sydicate nov 2011) + mp3 file
smoking video resources
cigarette warnings
bbc 50 years of anti smoking advice mar 2012

Wednesday, 16 January 2013
Sunday, 13 January 2013
demerit goods 2013
10 approaches to binge drinking
younge people and drinking
alcohol effects (bbc)
effects of alcohol
ready steady drink (bbc3)
bbc resources on binge drinking
1) ban prohibition
resticting consumption (res)
2)licensing laws + changing attitudes
24 hour drinking one year on (bbc 11/06)
impact of changes (bbc 11/06)
law change not changing habits (bbc 11/06)
alcohol attitudes in europe (bbc 11/07)
3) marketing and advertising
booze marketing ban (bbc 09/09)
the power of marketing (bbc 09/09)
4) minimum prices
alcohol minimum price (bbc 03/09) at a glance
eu ruling on minimum prices (smoking) ft 05/03/10
5) taxes
finlands u turn on alcohol tax (bbc 02/09)
alcohol tax rise (bbc 10/07)
impact of tax rises (guardian 03/08)
prices do not cut drinking (bbc jan 06)
6) legisaltion on age
call to raise drinking age to 21 (bbc 03/07)
7) state run monopoly
3 countries compared (bbc 11/05)
is state advertising effective (c4 june 2010)
minimum prices introduced
smoking
should we ban smoking (project sydicate nov 2011) + mp3 file
smoking video resources
cigarette warnings
bbc 50 years of anti smoking advice mar 2012

Tuesday, 17 April 2012
Wednesday, 22 February 2012
demerit good material
10 approaches to binge drinking
younge people and drinking
alcohol effects (bbc)
effects of alcohol
ready steady drink (bbc3)
bbc resources on binge drinking
1) ban prohibition
resticting consumption (res)
2)licensing laws + changing attitudes
24 hour drinking one year on (bbc 11/06)
impact of changes (bbc 11/06)
law change not changing habits (bbc 11/06)
alcohol attitudes in europe (bbc 11/07)
3) marketing and advertising
booze marketing ban (bbc 09/09)
the power of marketing (bbc 09/09)
4) minimum prices
alcohol minimum price (bbc 03/09) at a glance
eu ruling on minimum prices (smoking) ft 05/03/10
5) taxes
finlands u turn on alcohol tax (bbc 02/09)
alcohol tax rise (bbc 10/07)
impact of tax rises (guardian 03/08)
prices do not cut drinking (bbc jan 06)
6) legisaltion on age
call to raise drinking age to 21 (bbc 03/07)
7) state run monopoly
3 countries compared (bbc 11/05)
is state advertising effective (c4 june 2010)
minimum prices introduced
smoking
should we ban smoking (project sydicate nov 2011) + mp3 file
smoking video resources
cigarette warnings
bbc 50 years of anti smoking advice mar 2012

Monday, 12 December 2011
toy market data response
Christmas Prep Data response: The Toy market
01 definition (5 marks)Give as clear and conside a definition as posible include an example where appropriate
02 data question (8 marks)
make two observations about the data support with data reference and units clearly stated - think highs and lows (range) start points and finish points or trends within the data
03 diagram (12 marks)
start with a definition of demand supply and the toy market (2 marks), then use the extract to identify a demand and/or supply side factor that has impacted upon the market (2 marks), draw a diagram to highlight the change in market equilbrium (4 marks), then explain how the price mexhanism brings about the movement from one equilibrium to another (4 marks), finally write a brief pargraph about longer term developments or complications (4 marks)
04 discussion (25 marks)
Start by explaning how the market finds an efficient equilbrium, refer to the chart and extract explicitly to create context.
Highlight particular characterisitics specific to the toy market which may mean that this equilibrium is in fact is a position of over production of consumption using extract reference to support your points
Suggest two alternative policy interventions to correct the problem, illustrate how they work by drawing a diagram
Write a concluding paragraph that suggests a combination of policies, posssible problems in the longer term that may be caused through intervention
Support Material:
bbc click video games and violence (06/12/2011)
bbc panorama addicted to games (bbc 12/2010)
games industry
bbc report 10 mins
Friday, 18 November 2011
Wednesday, 22 June 2011
Tuesday, 1 February 2011
demerit goods - alcohol
bbc resources on binge drinking
1) ban prohibition
resticting consumption (res)
2)licensing laws + changing attitudes
24 hour drinking one year on (bbc 11/06)
impact of changes (bbc 11/06)
law change not changing habits (bbc 11/06)
alcohol attitudes in europe (bbc 11/07)
3) marketing and advertising
booze marketing ban (bbc 09/09)
the power of marketing (bbc 09/09)
4) minimum prices
alcohol minimum price (bbc 03/09) at a glance
eu ruling on minimum prices (smoking) ft 05/03/10
5) taxes
finlands u turn on alcohol tax (bbc 02/09)
alcohol tax rise (bbc 10/07)
impact of tax rises (guardian 03/08)
prices do not cut drinking (bbc jan 06)
6) legisaltion on age
call to raise drinking age to 21 (bbc 03/07)
7) state run monopoly
3 countries compared (bbc 11/05)
is state advertising effective (c4 june 2010)
minimum prices introduced
Monday, 1 November 2010
Tuesday, 2 March 2010
demerit goods alcohol
1) ban prohibition
2)licensing laws + changing attitudes
24 hour drinking one year on (bbc 11/06)
impact of changes (bbc 11/06)
law change not changing habits (bbc 11/06)
alcohol attitudes in europe (bbc 11/07)
3) marketing and advertising
booze marketing ban (bbc 09/09)
the power of marketing (bbc 09/09)
4) minimum prices
alcohol minimum price (bbc 03/09) at a glance
eu ruling on minimum prices (smoking) ft 05/03/10
5) taxes
finlands u turn on alcohol tax (bbc 02/09)
alcohol tax rise (bbc 10/07)
impact of tax rises (guardian 03/08)
prices do not cut drinking (bbc jan 06)
6) legisaltion on age
call to raise drinking age to 21 (bbc 03/07)
7) state run monopoly
3 countries compared (bbc 11/05)
8) education and information
is state advertising effective (c4 june 2010)
Alcohol Know Your Limits Advert. - Click here for another funny movie.

