Economics A-Level
Deadweight Loss
What Deadweight Loss means in Economics A-Level, as defined for Pearson Edexcel.
Definition of Deadweight Loss
The loss of economic efficiency that occurs when the equilibrium for a good or service is not achieved.
Topics that use Deadweight Loss
- Government intervention (Pearson Edexcel A-Level)
Related terms
Using Deadweight Loss in the exam
Definition questions usually carry one or two marks, and examiners look for the precise wording. Write the definition from memory, check it against the version above, and then use the term in a longer answer on the same topic so it sticks.
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