The World This Week: 27th February
Aggregate Demand and Supply
UK hit the hardest amongst the world’s largest economies
The results are out for the economic impact that Covid-19 has had on the world’s major economies in the first six months of the year… and unsurprisingly, they are showing unprecedented levels of global economic […]
Basic Economic Concepts
Ramen: the inferior good behaving like an… inferior good!
For a student of economics, one of the first concepts we learn about is the different types of goods. That is a normal good, a luxury good, and an inferior good. By normal, we don’t […]
Consumer and Business Behaviour
Solar Power Shines: Clean Energy Investments Set to Eclipse Oil in 2023
According to a new report from the International Energy Agency (IEA), global investment in energy is expected to reach approximately $2.8 trillion in 2023, with over $1.7 trillion directed towards clean energy technologies such as […]