16th September 2015 by

Extract: The UK Productivity Puzzle BEQB

One of the eternal economic truths we’re exploring on tis site is that in the long run, productivity growth is almost…

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16th September 2015 by

Lesson Plan: Positive and Normative Economics

Here is a summary of the contents of the powerpoint which moves from reviewing opportunity cost to a detailed lesson on…

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16th September 2015 by

Graph: UK versus World Growth

source: BEQB

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16th September 2015 by

Extract: Supply Shocks and the 2008-10 Recession

source: BEQB

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16th September 2015 by

Extract: Impact of Overseas Supply Shocks on UK Growth

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16th September 2015 by

Chart: Commodity Prices 2010-2015

Source: Bank of England

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16th September 2015 by

Test: Monetary Policy – Multiple Choice

TEST YOURSELF – TEN MULTIPLE CHOICE a. The most important monetary policy tool of the Bank of England is the Budget…

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16th September 2015 by

Activity: Plotting the Demand Curve

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15th September 2015 by

Handout: An Introduction to Aggregate Supply

Aggregate Supply   Aggregate Supply (AS) shows the short run relationship between the price level and the quantity of goods and…

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15th September 2015 by

Activity: Sketch and explain the Effect on Aggregate Demand and Supply

Here are a number of scenarios indicating changes in Macroeconomic variables Using a diagram of AD and AS curves, show the…

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