McKinsey has produced a new report on prospects for economic growth and development in the ASEAN single market. One aspect is that the depth of intra-regional trade within the ten member group...

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The University of Sterling Behavioural Science Centre is curating an interesting play list of behavioural economics videos available on you tube. Click here to access:...

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Following on from Tom White's recent blog on relative poverty, Robert Peston has an excellent new blog to accompany a Radio 4 programme on inequality. He examines whether the 'Great Recession' has...

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The Gini coefficient is a commonly-used measure of income inequality that condenses the entire income distribution for a country into a single number between 0 and 1: the higher the number, the...

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13th April 2014

Factors of Production

There are only a finite number of workers, machines, acres of land and reserves of oil and other natural resources on the earth. Because most resources are finite, we cannot produce an unlimited...

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Here is an updated revision presentation on satisficing as an alternative to profit maximisation and also some of the factors affecting the profitability of a business such as Stagecoach plc - A2...

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Just as I am in the midst of teaching my AS students about macroeconomic indicators, and focusing on inflation and unemployment, up pops this piece by Linda Yueh about the latest data on those two...

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Changes to key interest rates by central banks have a significant impact on economic activity during periods when the economy is expanding. Unfortunately, they seem to have virtually no effect...

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The origins of the idea of the natural resource curse in economics dates back to the late 1950s and early 1960s in the Netherlands. The discovery of natural gas in the North Sea was seen at the...

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There is increasing interest in the roles that social capital and social networks can play both in economic development and also as part of effective development policies.The sociologist Robert...

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There are many different market failures when it comes to understanding some of the key environmental problems and challenges of the age.

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