Study notes | Reference library | tutor2u Economics

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Conflict, corruption and poor governance can have hugely damaging effects on a country's growth rate and development potential. One of the Sustainable Development Goals is (by 2030) substantially reduce corruption and...

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Barriers to Growth and Development - Corruption and Conflict

The unequal opportunities available to hundreds of millions of women around the world represent one of the biggest barriers to growth and development.

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Development and Growth Constraints - Gender Inequalities
Study notes

Foreign Currency Gaps

Many developing countries face a big imbalance between inflows and outflows of foreign currencies. A foreign exchange gap happens when currency outflows persistently exceed currency inflows

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Foreign Currency Gaps

Game theory is the study of how people and businesses behave in strategic situations (i.e. when they must consider the effect of other people’s responses to their own...

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Game Theory - Different Types of Games

Why is it that many mergers and takeovers fail to achieve the gains / benefits claimed before the integration took place?

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Evaluating Mergers and Takeovers

This study note looks at some of the causes of shifts in the supply of labour to an occupation / industry.

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Labour Supply - Shifts in Market Supply (Labour Markets)

The yield on a government bond is the interest rate paid to holders of the bond (creditors) by the borrower (debtor). It can vary greatly across countries depending on the...

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Fiscal Policy - Bond Yields

Most resources are finite and we cannot produce an unlimited number of different goods and services

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Finite and Renewable Resources

When can game theory be used to good effect in A level economics essays? You would normally use game theory at A2 level when discussing the market structure of oligopoly....

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Applying Game Theory in Economics Essays

According to Marx and Weber (2012), availability bias or the availability heuristic refers to the human tendency to judge an event by the ease with which examples of the event can...

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Availability Bias (Behavioural Economics)

Commercial banking relates to deposit-taking and lending. They provide services to corporate and individual customers.

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Commercial Banks (Financial Economics)

What is choice architecture? Choice architecture describes how the decisions we make are affected by the layout / sequencing / and range of choices that are available. According to Behavioural economists Richard...

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Choice Architecture (Behavioural Economics)

The marginal cost of employing labour is the change in total labour costs from employing one extra worker.

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Average and Marginal Cost of Labour (Labour Markets)

A crucial part of AS analysis and evaluation is to consider the causes of possible conflicts between key macro objectives.

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Macro Policy Conflicts

Recent examples of horizontal integration in different markets and industries can be found here

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Recent Examples of Horizontal Integration

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