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How Contestability Affects Efficiency in Banking | Edexcel Essay Plan
- Level:
- A-Level
- Board:
- Edexcel
Last updated 3 May 2025
In this video, we're diving into a key exam topic for Edexcel A-Level Economics students: How increased contestability can affect economic efficiency in the banking sector. We'll be looking at real-world examples like Monzo, Revolut, and Starling, comparing them to major traditional players like HSBC and Barclays, and exploring the impact of digital disruption on both allocative and dynamic efficiency.
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