Economics A-Level
Administrative costs
What Administrative costs means in Economics A-Level, as defined for AQA.
Definition of Administrative costs
Check what you remember
Read the wording for your board, then hide it and explain Administrative costs in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
A source of government failure when the financial burden of enforcing a regulation exceeds the welfare gained from correcting the initial market failure.
Topics that use Administrative costs
- Government failure (AQA A-Level)
Related terms
- Conflicting objectives
- Cost-benefit analysis
- Economic welfare
- Government failure
- Inadequate information
- Market versus government
- Price mechanism
- Unintended consequences
Using Administrative costs in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
Practise Economics questions
Create a free account to answer exam-style questions on this topic and get feedback on your answers.
Start free
All Economics A-Level termsA week of Premium from your first lesson · Then the free plan continues · No card, no charge