Merit and demerit goods
This sub-topic explores how merit and demerit goods cause market failure via imperfect information, leading to suboptimal consumption levels. You will learn to analyse policy responses and evaluate their effectiveness for CIE exam questions.
📖Study Guide
In-depth bilingual notes with worked past paper examples.
✍️Practice Exam
Timed practice questions with mark scheme grading. Coming soon.
🎴Flashcards
Spaced repetition for key concepts and definitions. Coming soon.
📊Visualizer Coming Soon
Interactive plots and diagrams to build intuition. Coming soon.
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