Category: Economics

Economics-driven content, perfect for students and teachers alike. Highly accessible and open to all.

Economics, Finance and Markets, International

How can we control inflation?

Inflation, a persistent rise in the general level of prices, poses significant challenges to an economy. Controlling inflation is crucial for maintaining economic stability and safeguarding consumers’ purchasing power. High and persistent inflation has been a significant global issue over the past 18 months, with global inflation reaching 9.3% in October 2022. The UK, however, has been hit especially hard by inflation, with price increases … Continue reading How can we control inflation?

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Economics, International

Do ethical companies deserve excess profits?

The Roman writer Publilius Syrus once wrote that “Everything is worth what its purchaser will pay for it”. This encapsulates the businessman’s mindset on a free market, as producers seek to market their product at the highest price consumers are willing to pay. On the other end of the transaction, the concept of homo economicus teaches us that the consumer always aims to maximise utility from a purchase … Continue reading Do ethical companies deserve excess profits?

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Environment, Finance and Markets, International

Green Bonds: Financing a Sustainable Future

In a world increasingly concerned with environmental sustainability and the impact of climate change, innovative financial instruments (a monetary contract which can be traded e.g. a stock, bond, derivative) have recently emerged as effective tools to fund projects and initiatives aimed at mitigating environmental damage. Of these instruments, green bonds, have gained prominence as a means to raise capital for projects with positive environmental benefits. … Continue reading Green Bonds: Financing a Sustainable Future

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Development, Middle East and Africa

African Economies : How have oil and corruption affected Nigeria’s economy?

Nigeria is one of Africa’s most influential nations and holds significant power both economically and geopolitically. With a population of approximately 225 million people, it’s not only the most populated country in Africa but also has the continent’s largest economy. In 2022, Nigeria’s GDP reached an impressive $477.39 billion. Meanwhile, the country has been grappling with pressing challenges of poverty, crime, corruption, and overreliance on … Continue reading African Economies : How have oil and corruption affected Nigeria’s economy?

Unknown's avatarJaymiel SavageLeave a comment
Development, History, Middle East and Africa

African Economies :  Zimbabwe’s Journey from a 100 Trillion Dollar Bill to Economic Recovery

Zimbabwe has captured global attention due to its serious economic struggles. Pre-independence, Zimbabwe’s economy relied heavily on agriculture and the stable Rhodesian Dollar. However, post-independence, it has encountered the challenges of hyperinflation, land reform, and political instability. These difficulties have had a long-lasting impact on Zimbabwe’s economy, making it difficult for locals to trust the local currency, and has piqued the interest of the global … Continue reading African Economies :  Zimbabwe’s Journey from a 100 Trillion Dollar Bill to Economic Recovery

Unknown's avatarJaymiel SavageLeave a comment
Development, Economics, Politics, UK

HS2: The potential vs the reality 

The Potential: The development of a second high-speed rail network was originally proposed in 2009 by the Labour government at the time, led by Gordon Brown. Concerns began to arise over capacity constraints on the West Coast Main Line railway as they were increasing with the network projected to be at full capacity by 2025. Therefore HS2 Ltd was established to explore the possibility of … Continue reading HS2: The potential vs the reality 

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Economics, US

NBA and NFL economics 

The electrifying world of professional sports brings all communities together, but beneath it lies a web of economic activities, that often go unnoticed. The NFL and NBA serve as two great examples of economics in sports, as the two most popular in the USA.  The Spectacle of Salaries:  The NFL operates under a salary cap system, with the 2022 cap set at $208.2 million per … Continue reading NBA and NFL economics 

Unknown's avatarJed MgbokwereLeave a comment
Economics

Henry George and the Land Value Tax 

Henry George was a 19th century American economist who founded Georgism, or the movement for a single Land Value Tax. His ideas were immensely influential in his time, with his 1879 book Progress and Poverty selling millions of copies worldwide. But despite this Georgism is rarely discussed today, even though many of the questions he sought to answer are once again resurfacing. Should we tax income or wealth? … Continue reading Henry George and the Land Value Tax 

Unknown's avatarEdgar BrownLeave a comment
Economics, International, US

Taylor Swift and The Eras Tour

Normally, I’d start articles like this with a brief overview of the topic or situation, in an effort to give the reader some background knowledge and ease them into the discussion.  But Taylor Swift needs no introduction.  Her ‘Eras Tour’ is forecast to be the highest grossing music tour ever. In fact, it’s already the second highest grossing tour of all time, and she hasn’t … Continue reading Taylor Swift and The Eras Tour

Unknown's avatarLucas Pinsent1 Comment
Economics, Environment, International

How has Climate Change Affected Ski Tourism?

Since the late 19th Century the earth has warmed around 1.1 degrees Celsius, carrying huge consequences for ski resorts globally. Whilst some ski resorts at higher altitudes have been virtually unaffected by the increasingly warm climate, others have suffered considerably, most notably due to the decreased amount of snow and increased amount of rain. As a result, several knock-on effects have occurred, including shorter ski … Continue reading How has Climate Change Affected Ski Tourism?

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