A legal battle between Yorkshire’s last commercial Brussels sprout grower and German retail giant Aldi has brought key economic concepts to the forefront. The case highlights the economic implications ...

This "Challenging Assumptions" video highlights critical instances where common economic theories rely on simplified assumptions that may not hold true in real-world scenarios Assumption: Consumers ...

In the world of economics, theories often serve as a lens through which we attempt to understand complex human behaviour and market dynamics. These theories, however, rely on simplified assumptions ...

Professor Richard Easterlin (1926–2024) leaves behind a profound and multi-faceted legacy in the field of economics. As a distinguished professor of economics at the University of Southern California, ...

From next April, households in England and Wales will face a sharp rise in water bills—an average increase of £86 in the first year alone. This is no small splash: it’s part of a planned 36% hike over ...

Dr. Charles Handy, who passed away on December 13, 2024, at the age of 92, was truly a towering figure in the realm of management and organisational theory. His profound insights, groundbreaking ...

The measure of how effectively economic growth reduces poverty, with higher elasticity indicating stronger poverty reduction.

Post-Brexit non-tariff barriers have led to a sharp decline in British food exports to the EU, costing the UK economy an estimated £3 billion annually, according to a new report. Since Brexit, UK food ...

A tutor2u account is absolutely free and gives you full access to this resource...and much more! Geoff is co-founder of tutor2u and highly experienced Economics teacher, examiner and author. Geoff is ...

Nations experiencing high levels of political instability, conflict, or economic fragility, often requiring significant job creation to stabilize their economies.

As job vacancies drop at the fastest rate since the pandemic, businesses are gloomy as they look ahead to 2025. Business confidence in the UK has plummeted to its lowest level in nearly two years, ...

Identify two significant features of the chart showing economic inactivity since 1971. Calculate the percentage point change in the inactivity rate (a) between Feb 2010 & Feb 2020 and (b) between Feb ...