Essays on topical issues, latest developments in UK and global economies, and answers to readers questions
Factors that affect foreign direct investment (FDI)Posted on September 26, 2016
Readers Question: why some countries are more successful in attracting Foreign Direct Investment than others? Foreign direct investment (FDI) means companies purchase capital and invest in a foreign country. For example, if a US multinational, such as Nike built a factory for making trainers in Pakistan; this would count as foreign direct investment. Factors affecting …...More
Fall in global inflation ratesPosted on September 2, 2016
Since the 1970s, we have seen a fall in average global inflation rates. There have been periods of inflation (often due to rise in oil prices), but the overall trend has seen much lower inflation rates. In the 1970s, inflation was seen as one of the main macro-economic challenges, but now many feel the challenge …...More
Lump of labour fallacy – immigrationPosted on August 17, 2016
The lump of labour fallacy is the contention that the amount of work available in an economy is fixed. But, most economists argue this belief there is a fixed number of jobs (or fixed number of hours) is usually incorrect. In summary Fallacy – “Immigrants take jobs of native workers.” Why this is a fallacy …...More
A selection of e-books available from economicshelp.org. Includes NEW syllabus for AS and A Level Economics.