Picture says a thousand words. We are starting to use pictures to replace wordy text. Here are some of the issues we discussed in our H2 Economics tuition.
As usual we have the predictions here albeit abit later this year. We are changing the format a little just to keep it short and simple. Without further-ado we hereby predict that the topics that will come out in the 2017 economics essays are: Demand and supply Market Failure Market structure BOP Monetary and Supply…
WHAT IS DEFLATION? Articles are from investopedia. Deflation is an economic term used to describe a period of declining prices for goods and services. Decreases in the money supply, government spending, consumer demand and business investment have all been cited as causes of deflation. Deflation usually happens during an economic depression when there is lower…
OPEC Split as Oil Prices Fall Sharply Oil prices sank again on Monday, giving consumers more of a break and causing a slit among OPEC leaders about what action should be taken, if any, to halt the slide. The price drop has led to a near free fall in gasoline prices in the United States….