tutor2u | The Bloomberg Billy Bookcase A Rival to the Big Mac Index!

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

Ruth Tarrant

1st March 2017

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

Ruth Tarrant

Ruth has been an enthusiastic Head of Economics and Politics for many years, having taught in a variety of schools and at university level. She is also a Senior Examiner. Ruth is passionate about boosting the quality of teaching and learning across all subjects in schools and colleges.

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