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The Bloomberg Billy Bookcase A Rival to the Big Mac Index!

Ruth Tarrant

1st March 2017

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Here's a super article from Tim Harford on the Ikea Billy Bookcase that you can use for a spot of synoptic analysis - packed full of great ideas to illustrate purchasing power parity (a rival to the Big Mac Index, and used by Bloomberg!), economies of scale, dynamic efficiency, capital-labour substitution, and undoubtedly many others

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Ruth Tarrant

Ruth has been Subject Lead in Economics at tutor2u for many years after a career of teaching Economics, Business, Politics and Maths in a range of secondary schools. She is a highly experienced A level Economics Examiner, and also teaches undergraduate Economics on a very part-time basis at the University of Oxford. Ruth is passionate about making economics fun, engaging and accessible.

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