Advanced Article: Rebalancing the Supply Side
source It’s hard to listen to the news or read a newspaper today without being told by politicians or economic commentators…
Read MoreActivity: Rewrite in your own words – George Osbourne letter
Here is George Osbourne’s letter to Mark Carney, Governor of the bank of England, in March 2015 (the time of his…
Read MoreCase Study: Northern Rock Bank Collapse 2007
Police officers have been called to break-up panicked crowds gathering to withdraw their savings from Northern Rock.While the Government and the…
Read MoreDiagram: How The Government rescued the Banks (2008-9)
Read MoreDiagram: How the Banking Crisis affected Central Bank Liabilities
Quantitative easing and other forms of Central Bank support for the UK banking system has a crucial affect on the Bank’s…
Read MoreHandout: International Trade and Exchange Rates
source Building from the Core Concept: From The Circular Flow to a Theory of Exchange Rates We have so far built…
Read MoreHandout: Monetary Policy
The major purpose of macroeconomics is to help identify what types of policies and laws will best help society achieve its…
Read MoreHandout: Money and Banking
Money and Banking source In the previous handout we discussed how banks operate and how money is created. Most of us…
Read MoreHandout: What is Money?
source Real and Monetary Sectors It’s an Eternal Economic Truth that you cannot beat the market or beat back shifts in…
Read MoreHandout: Fiscal Policy
source Keynesian theory offered an explanation of how The Great Depression (1929-38) could happen, a recommendation for how policy could end…
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