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Latest Blog Posts

Economics without the boring bits – New book

Tejvan Pettinger 26 June 2021

I have written a new book “Economics Without the Boring Bits – An Enlightening Guide to the Dismal Science ” published by Wellbeck. It includes topics …

Who are the winners and losers from inflation?

Tejvan Pettinger 21 May 2021

Inflation is a continuous rise in the price level. Inflation means the value of money will fall and purchase relatively fewer goods than previously. In summary: …

Demand-pull inflation

Tejvan Pettinger 15 May 2021

Demand-pull inflation is a period of inflation which arises from rapid growth in aggregate demand. It occurs when economic growth is too fast. If aggregate demand …

The broken window fallacy

Tejvan Pettinger 3 May 2021

The broken window fallacy states that if money is spent on repairing the damage, it is a mistake to think this represents an increase in …

Definition of Full Employment

Tejvan Pettinger 24 April 2021

Readers Question: explain how economists define ‘full employment’? The first definition of full employment would be the situation where everyone willing to work at the going …

Different types of inflation

Tejvan Pettinger 4 April 2021

Inflation means a sustained increase in the general price level. The main two types of inflation are Demand-pull inflation – this occurs when the economy …

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Books by Tejvan Pettinger

Cracking Economics

An easy to read an overview of economics. ‘Cracking Economics’ gives explanations of main topics with images and diagrams to bring economics to life.

The book is aimed at anyone with a general interest in economics but would like a better understanding. Available in hardback at major bookshops and online. Read More

boring Economics without the Boring bits

An Enlightening Guide to the Dismal Science ” published by Wellbeck.

It includes topics such as common economic fallacies, middlemen, recycling, debt, finance, trade, money, taxation and why some people get rich and others don’t. Read more

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