Topic Videos
Handling Economic Data - UK Oil and Gas Production
- Level:
- AS, A-Level, IB
- Board:
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
Last updated 21 Mar 2021
This short revision video looks at changes in annual oil and gas production in the UK economy. Crucially, when the data is expressed at constant prices, this tells you that an adjustment has been made for the effects of inflation; in other words, we are dealing with the real value of a data series.
You might also like
Four facts about UK manufacturing industry
22nd October 2014
Immigration and the UK Economy
19th October 2014
Twin Peaks for the UK Economy
19th October 2014
Challenges for OPEC as US Shale Production Soars
19th October 2014
Bank of England Chief Economist on the Real Economy
19th October 2014
Is Norway suffering from Dutch Disease?
9th February 2014
Six Key Charts on the UK Economy
24th October 2014
Prebisch Singer Hypothesis
Study Notes