Economics Resources (page 2)

Explain the characteristics of deglobalisation (5 marks)Deglobalisation refers to a global decline in trade, foreign direct investment and subsequently a decline in global growth . ...

What is protectionism?Protectionism is the economic policy of restricting imports in hopes to shift the demand towards domestically produced goods. Protectionism can be imposed throug...

1. Evaluate the extent to which the marginal concept is useful to economic agents in decision making Analysis: The decisions of consumers can be analysed in terms of marginal util...

The worldwide scarcity of liquidity, fuelled by the COVID-19 pandemic, coupled with the exponential growth of the digital currencies in recent years, ...

In the exam hall there will be no teacher or tutor by your side to stop you making mistakes, to prompt you when you stall or let you have a little more time on a problem. This means t...

Humans have unlimited wants i.e. they are never satisfied but resources needed to create goods and services are limited. This means that humans have to make choices about what to pr...

Once more, the issue of government debt and its impact on economic growth has dominated the forefront of politicians , policymakers and academics agendas following the record-...

Last year it was estimated that 87% of American`s were unhappy in their work and as a result this accounted for $500 billion which was lost in productivity! Highly successful Silicon...

Monetary Policy Committee announcement and Monetary Policy Report publishedBank Rate maintained at 0.1%The Bank of England s Monetary Policy Committee (MPC) sets monetary policy to ...

(A) Economic GrowthEconomic growth is commonly defined as the increase in the value of goods and services produced in an economy over time. It is typically measured by policymakers a...