Low productivity threatens UK recovery and living standards
There's a lot of discussion about low
productivity in the UK. To some economists, productivity – typically measured by output per hour worked – is the single most important economic indicator.
OECD Overview of the UK Economy (2015)
The 2015 OECD survey of the state of health of the UK economy provides some important and useful pointers to the relative strengths and weaknesses of the British economy at a crucial stage of the...
Grade Boundaries for AS and A2 Economics (EdExcel)
Here are details of the grade boundaries from the June 2014 papers set and marked by EdExcel
How does an airport such as Heathrow make money? One key source of revenue is the charge on each and every passenger flying out of Heathrow to domestic and overseas destinations.
Building the Entrepreneurial State
A brilliant new paper from economist Mariana Mazzucato explores a mission-based approach to building the entrepreneurial state.
Amazon's Dash Button - Dynamic Efficiency at Work?
This is not an April Fool's hoax! Amazon has launched the Dash button to help people automate their shopping using the internet of things. Prime customers are being encouraged to use the new button...
Why is room service so expensive?
Room service and taking items from the mini bar are just about the two more surefire ways of adding hugely to your hotel bill when accounts come to be settled.
The annual rate of consumer price inflation in the UK has dropped to zero per cent and many are forecasting that we will experience a bout of price deflation in the months ahead. But how likely is...
Why crime is falling
Economic statistics are the bane of forecasters' lives. Cynics might say that this is because the data reveal how bad their predictions are. But a big practical problem is that initial estimates of...
Zero inflation is the new normal
Zero inflation is trending. The consumer price index in the UK was at the same level in February as it was a year earlier.
Tuition Fees and Applications for Degrees - New Evidence
Increases in tuition fees have a negative effect on university applications, particularly for courses with lower expected salaries after graduation. The number of students attending university also...
Would Norway benefit from being inside the European Union?
Norway would clearly benefit from membership of the European Union (EU), according to new research by Nauro Campos and colleagues presented at the Royal Economic Society's 2015 annual conference.
A2 Macroeconomics Concepts: Can You Distinguish Between...?
Here are thirty examples of where a student might want / need to make a distinction between different A2 macroeconomics concepts. How many can you get right?
Financing the UK current account deficit
You should already know that the UK has a large current account deficit. Despite a falling UK £, UK export performance has been disappointing. A current account deficit has to be paid for with a...
LSE Summer Lectures
The summer 2015 programme for public lectures at the LSE has been launched.
Trade treaties and multinational company power
Do trade pacts threaten democracy? A recent article and broadcast on the BBC News website about growing opposition to treaties such as the proposed Transatlantic Trade and Investment Partnership...
Government regulation: minimum wage and the homecare industry
It is a sad fact that many of us will need to call on the assistance of Homecare workers at some time, to help us to provide care for sick or elderly relatives who are living at home rather than in...
Lower inequality is strongly correlated with faster and more durable growth, according to research by Charalambos Tsangarides and colleagues, presented at the Royal Economic Society's 2015 annual...
Geographical immobility of the low skilled workforce
UK university graduates are more than twice as likely to move region compared with non-graduates.
This video from the FT takes us to Rwanda to learn more about the fledgling textile manufacturing sector which is being partly backed by Chinese investment.