The World This Week: 6th March
Basic Economic Concepts
Groundbreaking new drug for Alzheimer’s is going to come at a cost!
A new drug to treat Alzheimer’s has just been approved in the US but there is one big catch… it is really expensive! Priced at $56,000 for a year of treatment, the producer Biogen are […]
Consumer and Business Behaviour
The more you honk the more you wait: Mumbai’s innovative solution to impatient honkers!
Local government in Mumbai have come up with an inspired plan to cut noise pollution across the city. Fed up with honking drivers waiting at the city’s junctions, traffic lights have been installed with listening […]
Aggregate Demand and Supply
Interest rate in the UK has been cut to lowest in history – what a time to be studying economics!
For the second time in a week, the Bank of England has cut interest rates in an attempt to rescue the UK economy from the jaws of a coronavirus induced crash. In an unprecedented move, […]