Economics A-Level
Ethics in economics
What Ethics in economics means in Economics A-Level, as defined for AQA.
Definition of Ethics in economics
Check what you remember
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Reference: AQA
Considering the ethical implications alongside the practical economic consequences when evaluating the desirability of markets in sensitive fields of human activity.
Topics that use Ethics in economics
- How markets and prices allocate resources (AQA A-Level)
Related terms
- Asymmetric information
- Economic efficiency
- Economic incentives
- Equity versus efficiency
- Equity vs efficiency
- Incentive function
- Incentives
- Market failure
Using Ethics in economics in the exam
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