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University Economics

Editor's Pick

Building your essential foundational concepts

The book that I always recommend to my students starting a University Economics Degree is...
A-level Economics

Editor's Pick

Why tuition really helps at A level Economics

For many students, Economics is a very difficult A level. It not only requires high levels of...
A-level Economics

Editor's Pick

The Quality of Money

What is the purpose of money? Where does it come from? Inequality generates trade and...
A-level Economics

Editor's Pick

Brexit and the UK’s Economic future

Much has been made in the popular press about how, since the EU referendum result of 23rd June,...

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Economics Articles

  • Understanding the Concept of Opportunity Cost

    Haris Jawaid Economics (general) Tutor (East London) Picture A key concept in Economics is that of Opportunity Cost. The definition of Opportunity Cost is the benefit of the next best alternative forgone. For instance, if you have 2 hours of free time and you spend them watching TV instead of working on a job, then the opportunity cost of this decision...
  • The Quality of Money Editor's Pick

    Swithun Dobson A-level Economics Tutor (Exeter) Picture What is the purpose of money? Where does it come from? Inequality generates trade and specialisation creates the need for money. A good money is widely marketable and must function as a genuine store of value, thus paper money should be consigned to the board game Monopoly. Inequality Leads To...
  • Trade Marks As Legal Monopolies

    Mr Andrew Ross A-level Economics Tutor (South West London) Picture Intellectual property rights (IPR) comprise of Trade Marks, Copyrights, Patents and design protection, and are quite poorly covered in A-level economics textbooks. This is surprising as they comprise a powerful and enduring source of monopoly power which can be related effectively to monopoly...

 

  • Why do companies merge or buy other companies?

    Sumit Tuition University Economics Tutor (Guildford) Picture Reasons for merging with another company So why would a company wish to merge or acquire another company? The answer is usually down to synergies; the other firm may possess a technology which gives them a competitive edge. Developing the same technology in-house may take a very long time, and...
  • A Little Less Teaching. A Little More Action.

    Paul Mc A-level Economics Tutor (Manchester) Picture Everybody loves to learn, to gain something to keep, that nobody can take away from you. That lovely buzz of reaching a new level, knowing something more than someone else and the off shoots of confidence and achievement that no one can ever take away. Learning is permanent, but the process can...
  • Japanese companies might leave the UK

    Abdullah Economics (general) Tutor (North West London) Picture The UK attracted some Japanese companies on the promise that it is a gateway to Europe and its markets. The Brexit complicated things as the UK might lose access to the Single Market.  Japan's Message: “We strongly request that the UK will consider this fact seriously and respond in a...