UK0,M<$b@mevgɦmJ8s =-bU#b5')byiDz)%2.&_NKpGtJ|QGdr:>Fj0rA ؞F&!| 4`,mz3[

Many students are taught and/or implicitly assume that deregulation is a supply-side policy designed to unleash innovation, drive market entry and stimulate growth. In this piece for Project Syndicate, Professor Diane Coyle argues that there are three important channels through which regulation can benefit an economy and in doing so, provides some important evaluation strands for A-level economics students.

In a nutshell the benefits of well-designed regulation include:

  1. Technical standards help to utilise faster economies of scale
  2. Strengthens competition when it tackles information asymmetries especially with complex products
  3. Protects consumers even when this means less supernormal profits for businesses with market power

Subscribe to email updates from the tutor2u Economics

Join 1000s of fellow Economics teachers and students all getting the tutor2u Economics team's latest resources and support delivered fresh in their inbox every morning.

You can also follow @tutor2uEconomics on Twitter, subscribe to our YouTube channel, or join our popular Facebook Groups.

Teaching Vacancies

Recruitment

Advertise your vacancies with tutor2u

Much cheaper & more effective than TES or the Guardian. Reach the audience you really want to apply for your teaching vacancy by posting directly to our website and related social media audiences.

Find our more ›

Advertise your teaching jobs with tutor2u