{"product_id":"91402-government-interventions","title":"91402 Market Failure","description":"\u003ch3\u003eWhat you'll learn\u003c\/h3\u003e\n\u003cp\u003e\u003cmeta charset=\"utf-8\"\u003e\u003cspan\u003eThis course covers the things you'll need to know and be able to do for Achievement Standard,\u003c\/span\u003e 91402 (Economics 3.4) \u003cem\u003eDemonstrate \u003c\/em\u003e\u003cem\u003eunderstanding of government interventions where the market fails to deliver efficient or equitable outcomes\u003c\/em\u003e (5 credits, version 3).\u003c\/p\u003e\n\u003cp\u003eThe market failures you will study are:\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003econsumption externalities\u003c\/li\u003e\n\u003cli\u003eproduction externalities\u003c\/li\u003e\n\u003cli\u003epublic goods\u003c\/li\u003e\n\u003cli\u003eimperfect information\u003c\/li\u003e\n\u003cli\u003einequitable income and wealth distribution\u003c\/li\u003e\n\u003cli\u003eunder-provision of a merit good or service.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eTo meet the evidence requirement for this Achievement Standard, you are only required to investigate \u003cstrong\u003eone\u003c\/strong\u003e market failure as a context for government interventions.\u003c\/p\u003e\n\u003cp\u003eLearnWell Digital resources bring you the same great learning as in our books - but in an interactive digital format. They are accessed by using the iQualify online learning platform, where you'll find all your digital resources together in one place.\u003c\/p\u003e\n\u003cp\u003eYou can find out more on the information page about our,\u003cspan\u003e \u003c\/span\u003e\u003ca title=\"LearnWell Digital Reources\" href=\"https:\/\/learnwell.co.nz\/pages\/learnwell-digital-resources\" target=\"_blank\"\u003eLearnWell Digital resources.\u003c\/a\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e","brand":"LearnWell Digital","offers":[{"title":"Default Title","offer_id":43671778591005,"sku":"NOL4jtqfuLzfhNjMI0B","price":6.0,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0654\/9573\/files\/91402-Market-Failure.gif?v=1774406836","url":"https:\/\/learnwell.co.nz\/products\/91402-government-interventions","provider":"LearnWell","version":"1.0","type":"link"}