Resources for those looking to understand economics. Essays, e-books, blog posts and latest developments on the UK and global economy. Sections A-level Revision Products | Glossary of terms |Microeconomics | Macroeconomics | Recent Articles Popular Revision e-books Macro Economics Revision Notes Economic growth Fiscal policy Monetary policy Inflation International trade / globalisation Supply-side policies Unemployment …
Despite a shrinkage in manufacturing and widening trade deficit, the IMF have hinted that the UK economy is beginning to emerge from one of the longest periods of economic stagnation / recession on records. They marginally increased their forecast for UK growth to 0.9% for 2013. Does the recent good news give hope to the …
When interest rates were cut to 0.5% in March 2009, few would have expected them to remain at 0.5 until the present time. Yet, we have seen an unprecedented period of zero interest rates. There is much speculation about: When interest rates will rise? How much will interest rates to increase to? What will be …
Readers Question: 1. Does state capitalism as practised in China pose a fundamental challenge to the Western model of liberal-democratic capitalism? No, I don’t think so. From a political perspective, no matter how economic successful China might be, there will never be any enthusiasm to replicate China’s one party political system. In fact, it is …
After enduring a deep economic crisis, Latvia are poised to be ‘rewarded’ with membership of the Euro in 2014. The Latvian miracle story It seems a strange that countries are so keen to join the Euro, when membership of the Euro has been a major factor in creating a real depression amongst many Euro countries. …
Readers Question: my question is If the UK. had joined the Euro back when it first started would the UK. have benefited like Germany or would we be in the same situation as Greece, Italy, and Spain? If the UK had joined the Euro from the start in 1999, the UK economy would definitely have …
A short visual graphic showing the flows of trade between the UK, EU and US. EU is the main trading partner of the UK with, though in recent years, there has been growth in trade to non-EU countries
Question: re: article on the great recession. How did the money supply affect the credit crunch and recession? Firstly, we can look at the statistics for the money supply growth rate in the UK. Source: Bank of England This shows strong growth in the broad money supply in the years leading up to the credit …