Essays on topical issues, latest developments in UK and global economies, and answers to readers questions
Facts about the UK economyPosted on December 13, 2018
Some facts about the UK economy. GDP In 2018, UK GDP stood at $2,809 trillion (£2,217) According to IMF, the UK GDP ranked 5th in nominal terms. Behind Germany (4th) and ahead of India (6th) Measured according to Purchasing Power Parity (adjusted for living costs, the UK ranked 9th The Great Moderation. Between 1993 and …...More
The Domino EffectPosted on December 11, 2018
The domino effect refers to how one action can have a knock-on effect to related subjects. Knock one domino over, and you don’t just affect the first domino, but all the ones who stand in its path. In economics, the domino theory is often used to explain how an economic problem in one country can …...More
Relationship between stock market and economyPosted on December 9, 2018
Readers Question: What’s the relationship between a countries economy and it’s stock market? Is it always true that the stock market reflects a country’s economic conditions? Generally speaking, the stock market will reflect the economic conditions of an economy. If an economy is growing then output will be increasing and most firms should be experiencing …...More
A selection of e-books available from economicshelp.org. Includes NEW syllabus for AS and A Level Economics.