Monday, March 29, 2010

The UK's Economic Recovery



This article from the Economist provides a useful discussion of the key macroeconomic problems faced by the UK even as it begins to recover from the recession.

What kind of monetary policy has been in place since early 2009?

With reference to the case of the UK, discuss whether devaluation will necessarily lead to an increase in the level of exports.

Monday, March 22, 2010

Boys Stink... or Is It Just Plain Economics?


This article is an entertaining attempt to explain an age-old complaint using economics - in situations where there is a shortage of eligible bachelors (or to put it more harshly, an excess supply of girls), the bargaining power unquestionably lies in the hands of the scarce resource. Hence, the author finds this complaint particularly common amongst women in American universities, where, according to the American Council on Education, at least 57% of enrolments have been female since 2000.