Explore Economics

There are many different market failures when it comes to understanding some of the key environmental problems and challenges of the age.

Addressing, attacking and correcting for complex and multiple market failures requires pointing to different policy instruments / interventions. Together can they make a sizeable difference to consumer and business behaviour and lead us away from a “business as usual" approach?

Cutting Greenhouse Gases
Carbon taxes: Video resources on carbon taxes
Cap and trade - emissions trading - The collapsing price of carbon (blog)
Emissions regulations: Sales of low emissions cars soar in the UK (April 2012)
Floors on carbon prices: UK to introduce a carbon price floor (HM Treasury)
Green Investment Bank: UK green investment bank to be set up

Research, development and deployment (RDD)
Tax breaks for research:
Feed-in-tariffs for renewables (a deployment incentive): UK government cuts the solar subsidy (Nov 2011)
Corporate commitments - businesses with clear commitments to improving sustainabiity

Information gaps / asymmetries
Labelling information on cars, household products: Carbon Labelling

Smart electricity grids: Smart electricity meters
Low-emissions mass transport services: Air pollution costs lives
Widespread adoption of broadband technologies
Community insulation schemes - energy bills explained

Emissions standards
Fuel efficiency standards
End of product life disposal laws
Recycling targets - what should be done about plastic bags?

Community and stronger institutions
Preventing deforestation - “Winning the war on deforestation"
Low-carbon community projects / experiments

Prezi on environmental economics can be found here

Video resources:

Financial Times, May 2013

CPD courses

Teaching Labour Market Economics at A Level

This course supports colleagues delivering labour market topics included in the new A Level Economics specifications.

Learn more ›

Teaching & learning products

OCR Economics Year 1 (AS) Teacher PowerPoint Presentations

This resource comprises a complete collection of editable PowerPoint presentations that are ideal for teaching individual topics for the whole Year 1 (AS) teaching content. Each presentation has a consistent, clear and professional format and maps precisely to the OCR specification teaching content.


AS Macroeconomics Revision Guide

This 44-page, full-colour printed revision guide is designed to support students preparing for their AS Economics exams on macroeconomics. tutor2u's Geoff Riley provides comprehensive coverage of all the core macroeconomic topics for AS Economics