Extract: Recent Trends in Sterling’s Effective Exchange Rate (with Questions)
This is an extract from a longer speech by Kristin Forbes, Member of the Monetary Policy Committee, Bank of England At 100…
Read MoreDiagram: The Inflation Mechanism
Read MoreHandout: What is the Monetary Policy Committee? (MPC)
Interest rates are set by the Bank’s Monetary Policy Committee. The MPC sets an interest rate it judges will enable the…
Read MoreVideo: Quantitative Easing Explained
Click here for a Bank of England video explaining quantitative easing (5.07 minutes).
Read MoreArticle: Quantitative Easing Explained
In the modern economy, most money takes the form of bank deposits. But how those bank deposits are created is often…
Read MoreDiagram: Quantitiative Easing
Read MoreArticle: Market Power and Regulation
Market power and regulation Jean Tirole is one of the most influential economists of our time. He has made important theoretical…
Read MoreExtract: Jean Tirole on Market Failure
2014 Nobel prize winner Jean Tirole on market failure Jean Tirole is one of the most influential economists of our time….
Read MoreArticle: What’s Perfect about Perfect Competition?
What’s perfect about perfect competition? William Lazonick http://www.huffingtonpost.com/william-lazonick/whats-perfect-about-perfe_b_945519.html To claim that something is “perfect” is to say that it cannot be…
Read MoreEI Economic Review 2014-15
Economic Investigations (EI) Economic Review is produced every year in February, with updated analysis to help revision of applied economic issues…
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