What are some common points I can use in 15 an 25 mark questions?

Government vs market failure,  when evaluating a paragraph you can simply fall back onto stating that the action brings the risk of government or market failure ( whichever is applicable) which would result in a deadweight loss, this opens up the opportunity to add a diagram of the deadweight loss to further increase marks by demonstrating application to the examiner. Free market vs Keynesian economists,  when trying to develop a point you can base one on the viewpoint of a free market or a Keynesian economist, for example, "A Keynesian economist would argue that a tax on demerit goods is the best course of action to reduce market failure of overconsumption through raising prices". This can also be applied when trying to evaluate a point for example "A free market economist would argue that the use of a minimum wage to increase employment is the wrong course of action as it leads to increased real wage unemployment since the market wage rate is stuck above the equilibrium rate". 

Answered by James L. Economics tutor

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