Keynes ‘v’ Hayek
The website Econstories.tv has produced a rap video about the arguments of Keynes and Hayek. It gives a good summary of the …
Nominal and Real – Cinema tickets
The difference between nominal and real data is an important distinction. The two links above show the amount of revenue generated by …
Waste and externalities
This article explains about the UN concerns over the increasing e-waste in developing countries. It is an important issue within the economics …
Missing targets for aid
The OECD has predicted that the targets the developed countries countries set in a summit at Gleneagles in 2005 will not be …
Fair trade
Fairtrade is an increasingly popular issues with business. Both Nestle and Ben and Jerry’s have recently changed some of their products to …
Chinese balance of payments surplus with US
The Chinese have a fixed currency that the US feels is undervalued and is therefore resulting in the US running a large …
Carbon trading
A number of businesses in Europe have been ‘ripped off’ recently by fraudsters who stole a large number of carbon permits. These …
China becomes the world’s largest exporter
In the International economics section of the syllabus, it is important to distinguish between the volume and value of trade, and also …
Venezuela devalues the Bolivar
This is a very good article about currency devaluation, where Venezuela operates a different system to most countries with 2 exchange rates …
More articles from the BBC
East African trade agreement Article about a move towards a common market in East Africa Deflation returns to Japan Article about a …