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There is mounting evidence that economic growth in China is slowing down. Indeed the IMF cited this development as one of the major external risks for the global economy in 2019....

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How might a Chinese economic slowdown affect the UK economy?

The countries listed below were experiencing the highest rates of inflation in the world in 2017 according to data from the IMF. Top of the pile was Venezuela which is suffering...

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Why is high inflation a problem?

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There are different types of support available to producers such as farmers in both developed and developing countries. Often times, the intervention has political and social aims as welfare as...

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Producer support in markets

Here are some examples of evaluation approaches that might be used in this question. “Evaluate the likely impact of an increase in the UK national minimum wage.” In the exam...

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Minimum Wage - Evaluation Phrases in Action

Here is a worked example of building chains of reasoning to this question: "Explain two demand-side policies that might be used to reduce unemployment."

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Reducing Unemployment - Demand-side policies

The number of people employed in the UK child day care sector has grown from 110,000 in 2008 to over 200,000 in 2016-17. Revenues for child care providers have also expanded, indeed in 2017,...

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Revenues and Costs: The UK Child Day Care Industry

Established cinema chains in the UK such as Vue, Odeon, Cineworld and Everyman are clearly under competitive threat from the rise to scale and prominence of digital streaming platforms such...

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What future for cinemas in a world dominated by Netflix and Amazon?

Should the UK rail network and the services that run on it be taken back fully into public ownership? Railway usage has surged in recent years and the system has...

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Should the UK rail industry be nationalised?

This study note looks at the debate over the decision by the UK government to legislate to bring in a cap on the bills that energy suppliers can charge to...

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Economics of an Energy (Fuel) Price Cap
Study notes

Working poverty

Working poverty refers to a situation where families with at least one person in paid work have a household income that keeps them below an officially recognised poverty line. In...

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Working poverty

GDP was developed in the US and the UK as a response to the Great Depression in the 1930s but even the originators of GDP as an aggregate measure of...

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What is GDP and why is it bad for us?
Study notes

Debt

This study note looks at public and private sector debt in the UK economy.

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Debt

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