Reference library | tutor2u Economics
Study notes

Profit

00:6:46

Profit measures the return to risk when committing scarce resources to a market or industry

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Profit
00:11:14

Who gains and who loses out from persistent and pervasive price targeting by businesses? To what extent does price discrimination help to achieve an efficient allocation of resources? There are...

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Monopoly - Price Discrimination and Economic Welfare
00:26:7

In recent times, the debate over continued UK membership of the European Union single market has become more intense and heated. Here are some of the main arguments on both...

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UK Membership of the European Union
Student videos

Direct and Indirect Taxes

00:4:57

This short topic video looks at the difference between direct and indirect taxes

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Direct and Indirect Taxes
00:10:48

The Phillips Curve traces the relationship between pay growth on the one hand and the balance of labour market supply and demand, represented by unemployment, on the other. It has...

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The Changing Phillips Curve in the UK Economy
00:3:29

The equilibrium price and quantity in a market will change when there are shifts in both market supply and demand.

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Changes in Market Equilibrium Price
00:15:18

How much and how far can and should a government intervene to change the final distribution of income and wealth in their own country?

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Fiscal Policy - Distribution of Income and Wealth
00:18:20

The UK government is introducing a tax on high-sugar drinks and may well expand the indirect tax to foods that have a high sugar content. Is this an effective and...

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Sugar Taxes (Government Intervention)
00:10:47

The Private Finance Initiative (PFI) is an important and controversial policy designed to change the model of funding for large-scale investment projects.

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Private Finance Initiative
00:22:12

When a government's tax revenues are insufficient to pay for a given level of state spending then a nation must borrow to make up the difference, this is a budget...

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Fiscal Policy - Government Borrowing
00:15:25

What is first mover advantage? First mover advantage is the idea that by being the first to enter a new market, a business gains a commercial advantage over its actual...

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Game Theory - First Mover Advantage
Student videos

Utility Maximisation

00:5:5

With a single product, total utility is maximised when the marginal utility from the next unit consumed is zero (assuming that the budget of the consumer allows this point to...

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Utility Maximisation
00:6:50

The EU single market involves integration between nations and is built upon four key freedoms:

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European Single Market
00:4:55

The term 'sustainable' means 'enduring' and 'lasting' and 'to keep in being'

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Sustainable Development
00:3:3

In this 3 minute video we develop simple chains of reasoning to help explain why the production possibility frontier for an economy might shift inwards. We also revise the difference between...

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PPF - An Inward Shift (Chain of Analysis)

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