Question: Why does economics create so many opinions?

Readers Question: Economics is a social science, it contains graphs, diagrams and statistics to make strong evaluations and at university level it also often seems to have a strong Maths content which allows for even stronger analysis, calculation of events and evidence of theories. So how is it possible that often economic events such as …

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Readers Question: When Does Keynesian Economics Work?

Readers Question: I have a hunch that Keynesian responses to recession work best in industrial countries such as China and 1930’s USA as opposed to post industrial societies such as the US and UK. In the great depression consumption and production were, generally, in the same countries, e.g. cars produced in America would be consumed …

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Economics Q + A – 6

You are welcome to ask questions on Economics. Though you might also like to try google custom search (top right) to see if the topic has been covered before. I am looking to explain economic principles / ideas/ recent developments in economics. I can’t promise to answer, but will try if it meets the criteria …

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Economics in One Lesson

It’s the time of the year when many students are getting to start economics for the first time. It can be a little confusing with so many new concepts and words. But, if we had just one lesson, what could we teach about economics? Society wishes to optimise the distribution of resources. Economics considers how …

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Understanding Real World Economics

This e-book concentrates on macro economics, issues such as economic growth, recessions, the credit crunch, inflation and globalisation. It also takes a look at economic history and also in-depth look at recent economic events such as the European debt crisis, deflation, and levels of government debt.

Updated Sept 2015.

  • Single user license – Cost only £6.99
  • Network license (allows unlimited use within educational establishment) – £50

 

Starting Economics

Today, is the first day of term for my students. A few are in their second year. A few are doing retakes and a few are studying economics for the first time. For many students, taking economics can be challenging because it is a subject they haven’t studied before. There are quite a few new …

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