In surveys of economic confidence, British consumers report a net score of -32, a level last seen in the aftermath of Truss mini budget. But, when it comes to personal financial expectations, there is a positive score of +4. In other words, we expect the economy to be terrible, but…| Economics Help
Adjusted for purchasing power parity, China’s economy has overtaken the United States, and the gap continues to grow. But for an economy dependent on exports, a trade war is a big deal in 2024 Chinese exports to US were over $500bn, but so far, China has largely shrugged off the rollercoaster of US tariffs. Exports ... Read more| Economics Help
In surveys of economic confidence, British consumers report a net score of -32, a level last seen in the aftermath of Truss mini budget. But, when it comes to personal financial expectations, there is a positive score of +4. In other words, we expect the economy to be terrible, but…| Economics Help
What national debt is and why important. Latest figures on National Debt and can we pay for the increased borrowing?| Economics Help
“Stocks have reached a permanently high plateau.” “House prices never fall.” “This time is different.” These are the confident claims that—time and again—have been made shortly before markets collapsed. Booms and busts are nothing new. From Dutch tulip mania to the railway bubble, from the dot-com frenzy to memecoins, the story is the same: human ... Read more| Economics Help
France has the highest share of government spending in the world. At 57% of GDP, the government is the biggest part of the economy. The French state has become a very generous pension provider, but increasingly without the means to pay. In terms of rising debt, France is edging ahead of the UK with a ... Read more| Economics Help
The UK housing market is broken. Two decades ago, the Barker Review warned of inadequate supply, price volatility, and growing unaffordability. But twenty-one years later, nothing has improved—if anything, the problems are deeper. At the heart of the crisis is affordability. The average home in England costs £290,000, while the average household earns £37,000—a ratio ... Read more| Economics Help
Hype around artificial intelligence has set off a frenzy on Wall Street, driving a surge in share values and investment in AI and data centers. Big tech firms are now spending more on capital projects than they did during the dot-com boom of 2001. Everyone wants to be part of AI boom. But is this ... Read more| Economics Help
September 1976 – A Labour government is facing a surging budget deficit, inflation on the rise, and a crisis of confidence in the UK economy. Expecting higher interest rates, investors refused to buy more government bonds, precipitating a crisis. Sterling plunged, and the UK was heading towards a full-blown meltdown. Cap in hand, the chancellor ... Read more| Economics Help
France is on strike, a nation in turmoil, but Gabriel Zucman, a French economics professor, claims there is a solution a 2% wealth tax on fortunes worth more than €100 million, which he claims would raise €20 billion a year. It is certainly very popular, but is it anything other than a gimmick? Over the ... Read more| Economics Help
What national debt is and why important. Latest figures on National Debt and can we pay for the increased borrowing?| Economics Help
https://youtu.be/FXbcFJLIOLA US stock market valuations are reaching record levels last seen in the dot com bubble – this time it’s just another type of tech boom, is history repeating itself? But whilst a few big tech firms are booming, at the same time the US has record tariffs,…| Economics Help
“What if the UK’s most successful industry was also its biggest curse? The City made billions of Pounds, but did it also make the country weaker?” On the eve of the financial crisis in 2007, the UK economy seemed to be doing pretty well – 18 years of economic growth, low inflation, low borrowing, and ... Read more| Economics Help
https://youtu.be/FXbcFJLIOLA US stock market valuations are reaching record levels last seen in the dot com bubble – this time it’s just another type of tech boom, is history repeating itself? But whilst a few big tech firms are booming, at the same time the US has record tariffs,…| Economics Help
It’s been another bad week for the UK economy, with UK bond yields rising to the highest level for 30 years. Not only that but the Pound has had a bumpy ride. A falling Pound and higher yields are a toxic combination, just ask Mrs Truss. And this comes on…| Economics Help
It’s been another bad week for the UK economy, with UK bond yields rising to the highest level for 30 years. Not only that but the Pound has had a bumpy ride. A falling Pound and higher yields are a toxic combination, just ask Mrs Truss. And this comes on…| Economics Help
Definition and explanation of Vertical integration - when a firm controls different stages of production. ALso difference between forward and backward integration.| Economics Help
Definition of the output gap - the difference between actual and potential output. Diagram | Causes | Explaining with diagrams and examples - negative and positive output gap.| Economics Help
Labour productivity measures the output per worker in a period of time. Recent graphs/stats. Factors affecting labour productivity and implications for economy.| Economics Help
A selection of graphs and statistics on UK unemployment. Also, looking at factors that explain changes in UK unemployment. Why unemployment was lower in the 2000s and 2010s than 1980s and 90s. A success story of the UK economy? Raw data: Labour market data | Source: ONS MGSX (LFS)…| Economics Help
We have frequently heard the statement that we are experiencing the worst recession since the 1930s, but data released from the ONS shows that the fall in GDP is actually more prolonged in the current 2008-12 recession than the Great Depression of the 1930s. source: Office of National Statistics (pdf):…| Economics Help
The output gap is a measure of the difference between actual output (Y) and potential output (Yf). Output gap = Y- Yf A Negative Output Gap occurs when actual output is less than potential output gap. In a recession, a fall in Real GDP causes a negative output gap. However,…| Economics Help
The output gap is a measure of the difference between actual output (Y) and potential output (Yf). Output gap = Y- Yf A Negative Output Gap occurs when actual output is less than potential output gap. In a recession, a fall in Real GDP causes a negative output gap. However,…| Economics Help
https://youtu.be/_dlDesXJzF8 It’s not been as spectacular as September 2022 when bond yields made the front pages, but quietly markets are pushing up the cost of UK debt. The bond yield for 30-year gilts has reached its highest level since 1998. You might think - Why does this matter to…| Economics Help
https://youtu.be/_dlDesXJzF8 It’s not been as spectacular as September 2022 when bond yields made the front pages, but quietly markets are pushing up the cost of UK debt. The bond yield for 30-year gilts has reached its highest level since 1998. You might think - Why does this matter to…| Economics Help
