Economics A-Level
Inadequate information
What Inadequate information means in Economics A-Level, as defined for AQA.
Definition of Inadequate information
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Reference: AQA
A source of government failure that prevents policymakers from accurately valuing externalities, leading to over- or under-correction.
Topics that use Inadequate information
- Government failure (AQA A-Level)
Related terms
- Administrative costs
- Conflicting objectives
- Cost-benefit analysis
- Economic welfare
- Government failure
- Market versus government
- Price mechanism
- Unintended consequences
Using Inadequate information in the exam
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