Economics Resources

The government funds it expenditure (current, capital and welfare expenditure) with tax revenues but what if they run a fiscal deficit (where government expenditures exceed tax revenu...

Unfair trade practices refer to the use of various deceptive, fraudulent, or unethical methods to obtain business. Unfair business practices include misrepresentation, false advertisi...

Gaining Evaluation Marks in A Level Economics - The BasicsEvaluation marks can make the difference between a reasonable grade and a top grade in A level Economics. Consider the A2 ess...

When considering the great economists of the last 100 years we find that many were trained as mathematicians - Alfred Marshall, William Stanley Jevons, Irvin Fisher, John Maynard Keyn...

The UK market is facing currently inflation due to several factors in the market. This has been caused by the conflict between Russia and Ukraine, subsequently the restriction on oil ...

(1) Monetary Policy = Control level of money in the economy by changing the Interest Rate.(2) Fiscal Policy = Control of Government Revenue and Expenditure. (3) Economics Growth = An ...

The government has four main macroeconomic objectives. These aim to provide macro stability. 1. Economic growth: In the UK, the long run trend of economic growth is about 2.5%. Gove...

Contestability refers to the ability of potential competitors to enter and exit a market easily. A market is considered contestable if entry barriers are low and exit barriers are hig...

Are the effects of globalisation different for developing and developed economies? Have the benefits of globalisation for a developed economy surpassed the benefits for a developin...

The article based on my past experience as a tutor, my rote learned memories of my study of economics at school (1972 - 76) and University (1976 -79) and some recent research. Constru...