Some of the economic policies of J.Corbyn ‘Corybnomics’ include: Ending austerity / more relaxed rules on budget deficits. People’s Quantitative easing ‘Corbyn’s Quantitative Easing’ Higher taxes on high income earners Renationalisation of railways / energy sector National investment bank / funded by removing corporate subsidies / People’s Q.E. Ending Austerity A frequent economic criticism of …
Zero hour contracts means that workers are employed without any guarantee about the amount of work they will gain. In the past decade, the numbers working on zero hour contracts has significantly increased from 100,000 in 2000 to over 700,000 in 2015. This now accounts for approx. 2.4% of the workforce. 41% of people on …
Readers question: Does the government determine the interest rate for their bonds? The government finances its debt by selling bonds on the open market. (in the UK they are termed gilts) In the UK, government debt is managed by the UK Debt Management Office DMO. They sell gilts on behalf of the government. Initially, they …
I have spent all summer writing updated revision guides for the new syllabus which starts this September for first exam in June 2016. I have now finished the AS revision guides for four exam boards AQA, Edexcel, OCR and WJEC (Welsh exam). Even at AS level, there is some variation in syllabus. So far, feedback …
In recent months, the Chinese stock market has been very volatile, with sharp drops in prices since last July. On August 24th, share prices fell 9% – one of the biggest single day falls. People fear this is the bursting of the Chinese stock market bubble which could have serious effects on the global economy. …
A look at the different economic factors that determine the price of gold Essentially the price of gold is determined by: Supply of gold Demand for use in goods such as jewellery. Speculative demand to hedge against inflation and economic uncertainty. In early August 2011, gold touched $1,716.19. Adjusted for inflation, the record gold price …
I have spent past few weeks working on the new OCR A Level in economics revision guide. (H460) First teaching from Sept 2015. First A level exam Summer 2017. On the positive side, the syllabus is very detailed. OCR are very clear on what you need to cover. After doing AQA and Edexcel revision guides, …
Readers Question. I greatly appreciate the time that you took to try to explain our debt situation. (History of National Debt / GDP) One thing that still confuses me is why our debt actually rose during a sustained time period where debt/GDP charts showed that it shrank. This is very important. (and I wish those …