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Stats

Plan B for the economy

posted to Economics Blog on Thu 23rd May 13

I’ve never been in favour of the government’s Plan A for the economy – austerity in a recession was also going to risk pushing economy back into double dip recession and simultaneously fail to reduce the budget deficit. Even if the austerity
Money Supply in the credit crunch and recession

posted to Economics Blog on Wed 22nd May 13

Question: re: article on the great recession. How did the money supply affect the credit crunch and recession?Firstly, we can look at the statistics for the money supply growth rate in the UK.Source: Bank of EnglandThis shows strong growth in the broad money
Variable or fixed mortgage rate?

posted to Economics Blog on Wed 22nd May 13

Yesterday, I had a chance to use economics in a practical way. My previous fixed rate mortgage deal came to an end. This means the bank would return my mortgage rate to the Standard variable rate, which is currently 4.99% (4.49% points above the base rate).

UK National Debt

posted to Economics Blog on Fri 7th Mar 08

The UK national debt is the total amount of money the British government owes the private sector.At the end of January 2008, UK National debt was 512.4 billion. (or 35% of National GDP) National Debt as a % of GDP has increased from 30% in 2002 to 35%;
Back from America and another perspective on Thatcher

posted to Economics Blog on Mon 22nd Apr 13

I spent the last two weeks in New York, hence the lack of blogging.Fortunately or unfortunately, it meant I missed the last two weeks of discussion surrounding the legacy of Mrs Thatcher.Of course, in America, it was all a bit more black and white. –
Economic Impact of Margaret Thatcher

posted to Economics Blog on Fri 19th Apr 13

A look at the economic and social impact of Mrs Thatcher’s economic policies. Summary of Thatcher’s Economic policiesBelief in desirability of free markets over government intervention. E.g. pursuing policies of privatisation and deregulation.Pursuit

Unemployment in the UK

posted to Economics Essays on Tue 30th Apr 13

UK Unemployment since 1979. Brief History of Unemployment in UKSource: Dept for Work and TransportAfter the ravages of the Great Depression era where unemployment was over 25%, unemployment in the UK remained relatively low from 1945 until the late 1970s.
Economic update April 23rd

posted to Economics Essays on Tue 23rd Apr 13

Mrs Thatcher's recent passing has created an unsurprising interest in re-evaluating her period in office. From an economic perspective, it is possible to look at the changing British economy from many different angles. There were definitely winners and losers
Ireland - success or failure?

posted to Economics Essays on Thu 28th Mar 13

Ireland is often put forward as a model of austerity.March 2010: Greece has a role model, and that model is Ireland Jean-Claude TrichetDecember 2011: As European leaders scramble to overcome the Continents debt crisis, many are pointing to Ireland as a model