AQA A Level · 7136 · Paper 1: Markets and market failure

4.1.8.8 Public Ownership, Privatisation, Regulation and Deregulation

A-level only

Everything you need for questions on public ownership, privatisation, regulation and deregulation, in the words examiners reward. An interactive seven-step lesson goes with it.

What's on this sheet

  1. Impact on market outcomes
  2. RPI − X in practice
  3. Limits to government intervention
  4. Classic question: does government intervention always benefit consumers?
  5. Public or private ownership?
  6. Side 2: practice tasks, where the marks go, and exam-style questions
  7. Separate answer key

The lesson in seven steps

  1. The firm knows more than you
  2. Why might it go wrong?
  3. Predict the impact
  4. Impact trainer
  5. Does intervention work?
  6. Build the chain
  7. Exam practice

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