Economics Resources (page 6)

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 MNC stands for Multi-National-Company, a company such as Apple, Ford or Tesco which has operations in mo...

Discuss the likely impact of the mandatory labelling of fast food on public health in the UK Market failure occurs when the market fails to provide full efficiency (when SMC do...

Evaluate whether achieving a budget surplus is a desirable objective of economic policy.A budget surplus occurs when taxation receipts (T) are higher than government spending (G) du...

Discuss the extent to which subsidies are the best way to correct market failure (20)A subsidy is a payment made by the government, usually to a firm, to encourage a specific cours...

Evaluation in Macroeconomics What is evaluation?Analysis means showing step by step cause and effect.Evaluation means making a judgement about something, presenting both sides of an...

Whilst I have tutored both Business Studies and Economics for 23 years, I have enjoyed the experience of working online with young adults from all four corners of the world for over a...

Opinions on Automation: Looking at the IPPR s Economics Prize How is the working world changing and what ideas do people have to adapt to it? Should digital companies face greater...

Many individuals and countries of the world at large faces under development and growth issues as the result of poor mind set and the fear of risk taking. A creative mind yields econo...

The Human Development Index (HDI) is a measure of poverty and quality of life around the world. It is based on these kinds of measures that we understand, analyse and evaluate pover...