Market for Electric Vehicles (Revision Essay Plan)
- Levels: A Level, IB
- Exam boards: AQA, Edexcel, OCR, IB, Eduqas, WJEC
The market for electric vehicles is a superb one to study ahead of a microeconomics exam! There is lots to consider including price determination, market failure, possible government failure and the impact of government intervention in the market.
This video takes you through this 25 mark question: “Assess the argument that the UK government is justified in offering financial support to households and businesses wanting to purchase electric vehicles.”
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- Economics
- Practice exam questions
- Electric Vehicles
- Government Intervention
- Government Failure
- Unintended consequences
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
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