About this course
In this course, we start by reviewing the prerequisite knowledge needed to effectively analyse and evaluate all of the major policies used for tackling market failure, specifically policies introduced in the study of 'markets' as well as the key types of market failure. We then consider the various policies that fit under the umbrellas of both 'with the market' and 'against the market' interventions, thinking holistically about the policies covered across the whole A level micro specification as well as making synoptic macro connections to eg supply side policies. All theory is covered in the context of a wide range of examples, and with a strong focus on the skills needed for exam success, such as specific targeting of policies to the context and the key market failures linked with that context, and use of technical language. Throughout the entire course, we make suggestions for classroom activities and learning resources.
Who it's for
It's perfect for brand-new economics teachers, or those returning to the economics classroom, or teachers wanting to approach their teaching in a different way. The course is suitable for teachers of all A Level Economics specifications.
Course series
Course outline
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Introduction to the course
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Prerequisite knowledge - markets
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Market interventions 1 - tax, subsidy, price controls
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Market interventions 2 - regulation, government provision, information and behavioural policies
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Market interventions 3 - combining policies
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Exploring market failure 1
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Exploring market failure 2 - worked example of the housing market
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Policy intervention examples 1
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Policy intervention examples 2
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Policy intervention examples 3
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Synoptic approaches - a brief introduction
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Exam technique
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Hosts
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Ruth Tarrant
Ruth has been Subject Lead in Economics at tutor2u for many years after a career of teaching Economics, Business, Politics and Maths in a range of secondary schools. She is a highly experienced A level Economics Examiner, and also teaches undergraduate Economics on a very part-time basis at the University of Oxford. Ruth is passionate about making economics fun, engaging and accessible for teachers and students.
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Liz Veal
Liz has taught Economics for over 25 years, including several years as Head of Economics at leading schools.