Topic updates

The opportunity cost of closing police stations

5th May 2024

Share this content:

Torsten Bell with his weekly nugget in the Observer, and a lovely example of the concept of opportunity cost, as revealed by analysis of public spending on police stations. Apparently, for every pound saved in closing police stations, it costs the rest of us £3, based on analysis of the effect of closing local police stations in London.

Share this content:

Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to tutor2u, reads voraciously and is interested in all aspects of Teaching and Learning.

Explore

More for students

Teaching Economics

The opportunity cost of closing police stations

Graham Watson

You might also like

In the News Teaching Activity – What policies help raise the birth rate in an economy? (June 2026)

In the News Teaching Activity – Has nationalisation improved South West Railway? (June 2026)

Micro Case Study: Ofgem and Price Caps

Why are petrol prices higher and will the price rise last? (Apr 2026)

Micro Case Study: Fast Fashion

In the News Teaching Activity – Why is Scotland planning to introduce rent controls? (Feb 2026)

In the News Teaching Activity – Why have ads for junk foods been banned? (Jan 2026)

In the News Teaching Activity – Why is China trying to increase its birth rate? (Jan 2026)

Explore

More for students

Subjects

Quick links

Student events & courses

Teaching Economics

The opportunity cost of closing police stations

Graham Watson

You might also like