The Curious Economist

Economic news for students

  • Home
  • Micro News
  • Macro News
  • IGCSE Economics
    • Teaching Resources
    • Key Concepts
    • Revision Questions
  • IB Economics
    • IB Economics Teaching Resources
    • Key Concepts
      • Micro
        • Basic Economic Concepts
        • Supply and Demand
        • Elasticities
        • Government Intervention
        • Market Failure
      • Macro
        • Economic Growth and AS/AD
        • Inflation
        • Unemployment
        • Poverty and Inequality
        • Monetary Policy
        • Fiscal Policy
        • Supply-Side Policy
      • Global Economy
        • International Trade
        • Economic Development
    • Revision
      • Case Studies with Questions
      • Revision Lessons
      • Revision Questions
      • Economics Diagrams
        • Externalities
        • Market Structures
        • Economic Growth (AS/AD)
        • Protectionism
        • Exchange Rates
    • Real World Examples
      • RWEs by Topics
      • Real World Examples Top Trumps
    • Simulations
      • 2.7/2.8 Market Failure
      • 4.5 Exchange Rates
    • Exam Technique
      • Intro to the Econ IA
      • Model 15-Markers
      • IB Economics Paper 3 Exam Technique
      • Paper 1 Gym SL
      • Paper 1 Gym HL
      • Paper 3 Gym
  • IB Business Management
    • IB Business Management Teaching Resources
    • Practice Activities
    • Revision Hub
      • Unit 3: Finance and Accounts
        • 3.3 Costs and Revenue
        • 3.4 Final Accounts
        • 3.5 Profitability and Liquidity Ratios
        • 3.6 Debt and Equity Ratios (HL only)
        • 3.7 Cashfow Florecasts
        • 3.8 Investment Appraisal
        • 3.9 Budgets (HL)
      • Unit 4: Marketing
        • 4.3 Sales Forecasting
        • 4.5 Marketing Mix
      • BM Toolkit
        • Decision Tree
    • Intro to the BM IA
    • BM Glossary
  • About
News Ticker
  • [ May 12, 2026 ] Rising Fuel Prices Create a ‘K-Shaped Economy’ in the United States Economic News
  • [ May 8, 2026 ] Egypt’s Inflation Slows — But Economic Pressures Are Still Building Economic News
  • [ May 5, 2026 ] South Korea’s ‘Youth New Deal’: Can Government Intervention Fix Youth Unemployment? Economic News
  • [ April 27, 2026 ] Beef Prices Hit Record Highs: A Classic Case of Supply and Demand Economic News
  • [ April 24, 2026 ] AI in Banking: Boosting Profits but Cutting Jobs Economic News
Homeshortage

shortage

Basic Economic Concepts

Iceland’s TikTok Cucumber Shortage

August 26, 2024 TheCuriousEconomist Comments Off on Iceland’s TikTok Cucumber Shortage

In an unexpected twist, Icelandic supermarkets are facing an acute shortage of cucumbers, all due to a viral TikTok trend. The trend, which involves a simple salad recipe featuring cucumbers, sesame oil, and various seasonings, […]

Basic Economic Concepts

Fizzled Out: Australia’s Soft Drink Shortage Due to CO2 Crunch

March 4, 2024 TheCuriousEconomist Comments Off on Fizzled Out: Australia’s Soft Drink Shortage Due to CO2 Crunch

Australian supermarkets are facing a notable shortage of soft drinks, leaving shelves surprisingly empty. The root of the issue? A significant shortage of carbon dioxide (CO2) on the east coast! This shortage stems from local […]

Basic Economic Concepts

Pouring Money Down the Drain: The €200M Plan to Save Wine!

August 27, 2023 TheCuriousEconomist Comments Off on Pouring Money Down the Drain: The €200M Plan to Save Wine!

Time to uncork a bottle of economic intrigue: the French government and the European Union are shelling out a whopping 200 million euros to… destroy surplus wine. Wait, what? Yep, you read that right. It’s […]

Basic Economic Concepts

World’s major economies to release oil reserves to lower soaring oil prices

November 24, 2021 TheCuriousEconomist Comments Off on World’s major economies to release oil reserves to lower soaring oil prices

In an attempt to lower the price of oil the US is leading an international effort of other major economies to release oil reserves. The price of crude oil reached a 7-year high of $81.93 […]

Basic Economic Concepts

Gas price surge leaving businesses bankrupt and consumers uncertain

September 26, 2021 TheCuriousEconomist Comments Off on Gas price surge leaving businesses bankrupt and consumers uncertain

The gas price surge across Europe has led to the collapse of two small UK gas providers.  Avro Energy and Green, who between them serve just under a million customers, have gone bust due to […]

Economic News

Ketchup can’t catchup with demand!

April 8, 2021 TheCuriousEconomist Comments Off on Ketchup can’t catchup with demand!

Imagine ordering a delicious cheeseburger and fries to your door, only to find out it didn’t come with ketchup. What are you going to dip those fries in?! Disaster… This scenario could become increasingly more […]

Toilet paper shortage
Consumer and Business Behaviour

Toilet paper manufacturer gets the go ahead to fill the shortage

June 7, 2020 TheCuriousEconomist Comments Off on Toilet paper manufacturer gets the go ahead to fill the shortage

One thing we will learn from this pandemic is that when people see a crisis coming, they buy A LOT of toilet paper.    The surging demand has been one of the most fascinating and […]

Please follow & like us :)

RSS
Facebook
Facebook
fb-share-icon
Twitter
Visit Us
Follow Me

Recent Posts

  • Rising Fuel Prices Create a ‘K-Shaped Economy’ in the United States
  • Egypt’s Inflation Slows — But Economic Pressures Are Still Building
  • South Korea’s ‘Youth New Deal’: Can Government Intervention Fix Youth Unemployment?
  • Beef Prices Hit Record Highs: A Classic Case of Supply and Demand
  • AI in Banking: Boosting Profits but Cutting Jobs
  • Why Air Fares Are Soaring: Conflict, Fuel Prices and Supply Constraints Explained
  • Luxembourg Cuts Upfront Costs to Encourage Solar Energy and Sustainability
  • China Posts Record Trade Surplus Despite Tariffs
  • Mexico Imposes 156% Sugar Import Tariff to Protect Domestic Producers
  • Freeze the Rent: Zohran Mamdani’s Bold Bet on Price Controls — An Economist’s Dream or Nightmare?

Tags

A-Level aggregate demand AI business behaviour BUSINESSES China Consumer Behaviour CONSUMPTION coronavirus COSTS CURRENT ACCOUNT DEMAND ECONOMIC GROWTH ENVIRONMENT Export externalities FDI finance fiscal policy gdp GLOBAL ECONOMY Government intervention government policy government spending IGCSE India INFLATION INTEREST RATE investment jobs LABOUR labour market Macroeconomics MARKET FAILURE Microeconomics MONETARY POLICY OIL prices protectionism SUPPLY Tax trade UK UNEMPLOYMENT USA

Most Read Articles.

Balance of Payments

Kenya and the US look set to sign a free-trade deal despite Trump’s attacks on global trade

February 7, 2020 Comments Off on Kenya and the US look set to sign a free-trade deal despite Trump’s attacks on global trade

Under President Trump, the US stance towards global trade has become increasingly protectionist, with billions of dollars of tariffs placed on goods from countries all over the world, engagement in a devastating trade war with […]

Rishi Sunak
Aggregate Demand and Supply

UK government to step in and pay people’s wages

March 21, 2020 Comments Off on UK government to step in and pay people’s wages

In yet another unbelievable day of economic policy in action, the chancellor of the exchequer, Rishi Sunak, announced yesterday the latest measures to protect people’s income, keep businesses alive, and encourage spending in the economy.  […]

an image of currency in Saudi Arabia when they announced a 10% increase in VAT
Consumer and Business Behaviour

VAT to be tripled in Saudi Arabia to 15%

May 11, 2020 Comments Off on VAT to be tripled in Saudi Arabia to 15%

Saudi Arabia, the second largest oil producing nation in the world, has for the last few years been trying desperately to diversify its economy and reduce their dependence on the export of oil. Despite being […]

Economic News

China makes pledge to be ‘carbon neutral’ by 2060

October 20, 2020 Comments Off on China makes pledge to be ‘carbon neutral’ by 2060

In what some commentators are calling a bold and audacious pledge, President Xi announced to the UN that China will be carbon neutral by the year 2060. That gives the world’s second largest economy, and […]

Aggregate Demand and Supply

Dark days for the UK economy…

September 29, 2022 Comments Off on Dark days for the UK economy…

The UK economy has been plunged into economic turmoil since the announcement of the mini-budget last week.  Since the new chancellor, Kwasi Kwarteng, announced the largest tax cuts in 50 years the economy seems to […]

Keep Curious.

an image to show oil barrels the day that the price of oil went negative
Consumer and Business Behaviour

Oil prices go negative in the US – how and why?

April 21, 2020 Comments Off on Oil prices go negative in the US – how and why?

Since the outbreak of the coronavirus in January this year, there have been numerous economic events which have been simply unprecedented in their nature. The latest of these, in the wacky world of Covid-19, is […]

Basic Economic Concepts

Apple Faces Criticism Over New Ad Campaign

May 10, 2024 Comments Off on Apple Faces Criticism Over New Ad Campaign

Apple’s latest advertising campaign, intended to highlight the creative potential compacted into its new iPad, has inadvertently ignited a storm of controversy. The ad visually represents creativity being compressed by destroying various objects, including musical […]

Economic News

U.S. Tariffs on China Surge Past 100% as Trump Escalates Trade War – but why?

April 10, 2025 Comments Off on U.S. Tariffs on China Surge Past 100% as Trump Escalates Trade War – but why?

A new chapter in the U.S.-China trade war is unfolding—and it’s one that economists fear could bring widespread economic pain. President Trump has announced tariffs of at least 104% on Chinese goods, the most severe […]

SGD News.

Economic News

Rising Fuel Prices Create a ‘K-Shaped Economy’ in the United States

May 12, 2026 Comments Off on Rising Fuel Prices Create a ‘K-Shaped Economy’ in the United States

As petrol prices continue to rise in the United States, not all consumers are feeling the impact equally. New research from the Federal Reserve of New York shows that lower-income households are cutting back sharply […]

Economic News

Luxembourg Cuts Upfront Costs to Encourage Solar Energy and Sustainability

January 19, 2026 Comments Off on Luxembourg Cuts Upfront Costs to Encourage Solar Energy and Sustainability

Luxembourg has introduced a new solar subsidy scheme designed to accelerate the transition to renewable energy by reducing the upfront costs faced by households. Under the new pre-financing system, which came into force on January […]

Economic News

BP’s Brazil Oil Find Tests the Trade-Offs Between Growth and Sustainability

August 13, 2025 Comments Off on BP’s Brazil Oil Find Tests the Trade-Offs Between Growth and Sustainability

BP has announced its largest oil and gas discovery in a quarter of a century, this time in deep waters off Brazil. The “Bumerangue” field could become a major new production hub and marks BP’s […]

Policy Spotlight.

Economic News

South Korea’s ‘Youth New Deal’: Can Government Intervention Fix Youth Unemployment?

May 5, 2026 Comments Off on South Korea’s ‘Youth New Deal’: Can Government Intervention Fix Youth Unemployment?

South Korea has launched a major new policy, the “Youth New Deal,” aimed at tackling rising youth unemployment. Despite overall employment increasing, the proportion of young people (aged 15–29) in work has fallen to 43.5%, […]

Economic News

Luxembourg Cuts Upfront Costs to Encourage Solar Energy and Sustainability

January 19, 2026 Comments Off on Luxembourg Cuts Upfront Costs to Encourage Solar Energy and Sustainability

Luxembourg has introduced a new solar subsidy scheme designed to accelerate the transition to renewable energy by reducing the upfront costs faced by households. Under the new pre-financing system, which came into force on January […]

Economic News

Freeze the Rent: Zohran Mamdani’s Bold Bet on Price Controls — An Economist’s Dream or Nightmare?

November 11, 2025 Comments Off on Freeze the Rent: Zohran Mamdani’s Bold Bet on Price Controls — An Economist’s Dream or Nightmare?

New York City has a new mayor, and his signature promise fits on a protest sign: Freeze the Rent. Zohran Mamdani, a democratic socialist and former state assembly member from Queens, swept into office by […]

Copyright © 2026 | MH Magazine WordPress Theme by MH Themes