Economics A-Level
Merit and demerit goods
What Merit and demerit goods means in Economics A-Level, as defined for AQA.
Definition of Merit and demerit goods
Check what you remember
Read the wording for your board, then hide it and explain Merit and demerit goods in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Goods typically associated with information failure regarding long-term personal costs or benefits, and/or externalities.
Topics that use Merit and demerit goods
- Merit and demerit goods (AQA A-Level)
Related terms
- Demerit goods
- Externalities
- Government intervention
- Imperfect information
- Information failure
- Merit goods
- Normative economics
- Value judgement
Using Merit and demerit goods 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