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Posts By: peter
Unemployment in 2014-15
Source: EI Economic Review 2014-15 by Peter Baron The UK saw a net increase of over 1.6 million jobs in the…
Read MoreCurrent Account Deficit: 2014-15
In 2014 Q3 the current account deficit, representing the difference between Export and Import values (X-M) in the Aggregate Demand (AD)…
Read MoreApplied Issue: The Phillips Curve in the UK (2014-15)
The Phillips Curve Source: EI Economic Review by Peter Baron Professor Milton Friedman helped to explain the breakdown in the Phillips…
Read MoreInflation and Unemployment 2014-15
Inflation and unemployment Source: EI Economic Review 2014-15 by Peter Baron We have already noted that inflation has been much lower…
Read MoreApplied Issue: An Era of Monetarist Keynesianism?
Source: EI Economic Review by Peter Baron An era of Monetarist Keynesianism? How do we describe UK economic policy-making in 2015?…
Read MoreMonetary Policy 2014-15
Source: EI Economic Review by Peter Baron (Feb 2015) The MPC adjust its quantitative easing and interest rate policy in line…
Read MoreApplied Issue: How OPEC Determines Oil Prices
How OPEC determines oil prices OPEC is a type of informal cartel which relies upon one major producer, Saudi Arabia, to…
Read MoreGovernment targets (Aggregate Expenditure)
Summary of Government Targets Source: EI Economic Review 2014-15 by Peter Baron CACB The Government’s ‘fiscal mandate’ requires it to balance…
Read MoreGetting People Into Work
Source: Deloitte’s Economic Bulletin 15/06/15 Labour is a nation’s greatest resource. Getting more people into work increases the pace of growth…
Read MoreWill Chinese Stock Market Crash Affect Global Growth?
Source: Deloitte’s Monday Briefing 13/07/15 Chinese equities have shot up since last year. In the 12 months to mid-June, its Shanghai…
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