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Latest Blog Posts

Problems of deflation

Tejvan Pettinger December 9, 2019

Deflation is defined as a fall in the general price level. It is a negative rate of inflation. The problem with deflation is that often…

Pros and Cons of Inequality

Tejvan Pettinger December 6, 2019

Readers Question: ‘Society may come to the view that too much inequality is unacceptable or undesirable’ Assess whether inequality can cause economic problems, such as…

Policies for Economic Growth

Tejvan Pettinger December 5, 2019

Government policies to increase economic growth are focused on trying to increase aggregate demand (demand side policies) or increase aggregate supply/productivity (supply side policies) Demand…

Why is organic food so expensive?

Tejvan Pettinger December 4, 2019

Organic food is increasingly popular. In the UK, sales of organic food and drink is worth £1.96bn. But organic food still has only 1.4% share…

Organic farming – pros and cons

Tejvan Pettinger December 3, 2019

Organic food is a big growth area for consumer demand. Once thought to be the preserve of the wealthy or eco-eccentrics, organic food is going…

The great recession 2008-13

Tejvan Pettinger December 2, 2019

The great recession refers to the economic downturn between 2008 and 2013. The recession began after the 2007/08 global credit crunch and led to a…

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

What would Keynes do? Have you ever wondered what Adam Smith would have to say about you playing the lottery? Or whether Jeremy Bentham could cure your hangover (through economics)?

What Would Keynes Do? will help you get to grips with all the important economic theories in an original and thought-provoking way. Read more