Structure

Definition

• Define the key points
  • ie: Subsidy

Diagram

• Provide a diagram that shows a right shift in the supply side to show the effect of imposing subsidies on the market.

Explanations

Explain diagram

• how the imposing of subsidies can lead to a right shift in supply
• why it shifts to the right

Examples

• Refer to the text given connect it to the explanations and how imposing tariffs can solve the problem being imposed.

Evaluate broadly the policy

• benefits of imposing subsidies
• disadvantages of imposing subsidies
• Effects on different stakeholders
• Long term vs short terms
• alternative policy