Revision: Stocks and Prices

Many AS microeconomics questions revolve around the volatility of soft commodities such as coffee, crude oil, rubber and tea and harder commodities such as iron ore, copper, tin and platinum. It is important to be aware of the important link between stocks and changes in market prices, especially in an age when commodities have become a new asset class with much more speculative activity than before.  Stocks are also important in many other sectors of the economy – for example the property market and the market for carbon permits.

Revision note
Revision_Stocks_Prices.pdf

Powerpoint charts
Stocks_and_Prices.ppt

Interest rates, exchange rates and annual holidays

As expected, the Monetary Policy Committee of the Bank of England has cut the base rate by 0.25% today.