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Why do we study Economics?
In short, Economics study the optimal allocation of resources. That is, Economists try to find the best way to use what we have. The problem is that our resources are limited, while o...
How can the government reduce its fiscal deficit after COVID-19?
The government has recently responded to the coronavirus pandemic through an unprecedented level of government spending and transfers in order to keep the country from having a mass j...
Assess the micro and macroeconomic impacts of COVID-19 on a country of your choice
Assess the micro and macroeconomic impacts of COVID-19 on a country of your choiceThe COVID-19 pandemic has been described by many economists as the most significant combined supply-s...
President Donald Trump Imposes 30% Tariffs on Solar Panels
This article is about President Trump imposing a 30% tariff on imported solar panels. Tariffs are taxes on imported goods they are the most common form of trade protection. Trade prot...
Discuss whether economists concerns over monopoly are justified in the case of the transport sector.
Discuss whether economists concerns over monopoly are justified in the case of the transport sector. A monopoly is a single firm in a market. It is characterized by the lack of compet...
4.1.1 Economic methodology and the economic problem
4.1.1 Economic methodology and the economic problem4.1.1.1 Economic methodologyEconomics as a social science.Economics studies the economic behaviour of both individuals and groups of...
Covid-19 and the Future of Globalisation
The past 30 years has been a period marked by rapid technological innovation, most notably facilitated by: the internet increasing the flow of information, and containerisation increa...
Is Universal Basic Income the best way to combat rising inequality?
A Universal Basic Income (UBI) uses the idea that all the citizens of a working age in an area receive a given sum of money irrespective of their circumstance. This social concept is ...
AQA Economics Example Short Answer Essay
Primary income flows encompass inward, and
outward income flows into an economy. Inwards primary income flows comprise of
income flowing into the economy in the current year, which ...
Evaluate the view that MNCs play a positive role in the development of LEDCs
Evaluate
the view that MNCs play a positive role in the development of LEDCs MNC stands for Multi-National-Company, a company such as
Apple, Ford or Tesco which has operations in mo...