Economics A-Level
Consumer welfare
What Consumer welfare means in Economics A-Level, as defined for AQA.
Definition of Consumer welfare
Check what you remember
Read the wording for your board, then hide it and explain Consumer welfare in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
The protection of consumers through lower prices and increased consumer surplus, which competition policies aim to secure.
Topics that use Consumer welfare
- Competition policy (AQA A-Level)
Related terms
- Economic modelling
- Firm behaviour
- Government failure
- Market efficiency
- Monopoly power
- Real-world application
- Regulation
- Competition policy
Using Consumer welfare 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