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60 second adventures in economics: Rational Choice Theory
Society, Politics & Law

60 second adventures in economics: Rational Choice Theory

...Economics courses. Transcript: Of all the things to factor in when running an economy, the most troublesome is people. Now by and large – humans are a rational lot. When the price of something rises people will supply more of it – and buy less of it. If they expect inflation to go up – people will usually ask for higher wages – (though they might not get them) And...
60 second adventures in economics: The Principle Of Comparative Advantage
Society, Politics & Law

60 second adventures in economics: The Principle Of Comparative Advantage

...Economics courses. Transcript: Whether you think economies work best if they're left alone or that governments need to do something to get them working, the one thing that can’t be controlled is the rest of the world. Fear of foreign competition once led countries to try and produce everything they needed, and impose heavy taxes to keep out foreign goods. However,...
What's the difference between a refugee, an asylum seeker and an economic migrant?
Society, Politics & Law

What's the difference between a refugee, an asylum seeker and an economic migrant?

...economic migrants have got lost. [A person holds a welcome sign at the Refugee Action protest, 27 July 2013 Melbourne] A pro-refugee march in Melbourne, 2013 Legally, an asylum seeker is a person who has applied for asylum in the UK and is waiting for a decision on his or her claim. A refugee on the other hand has already received a positive decision from the authorities...
The Middle East conflict has swiftly exposed economic vulnerability in the region
Society, Politics & Law

The Middle East conflict has swiftly exposed economic vulnerability in the region

...economic impact to the region of the current conflict in the Middle East...Find out more about The Open University's Politics courses and qualifications and Economics courses and qualifications. At the end of 2025, the Gulf states received high praise for their economic resilience. According to reports by the World Bank and the World Economic Forum, the region was stable,...
Addressing health inequalities in greenspaces to age well: Part I socio-economic and transport access inequalities
Health, Sports & Psychology

Addressing health inequalities in greenspaces to age well: Part I socio-economic and transport access inequalities

...economic and transport access inequalities. Part II of our article will focus on diversity and safety. People’s financial circumstances can also compound this issue further. If there is a charge for accessing a space with nature this creates barriers. This could be an entrance fee, expensive parking fees or paying for the cost of public transport in order to get there....
Fiscal Responsibility and Monetary Policy
Society, Politics & Law

Fiscal Responsibility and Monetary Policy

...economic instability, and the current economic crisis has been handled very differently from the Great Depression, the last comparable global downturn. Getting the balance right - between government spending and taxation, low inflation and low unemployment, low interest rates for borrowers and rewards for savers - is difficult in practice, and the subject of ongoing...
Why grow a tree? Barriers and boosters for landowners to adopt agroforestry
Society, Politics & Law

Why grow a tree? Barriers and boosters for landowners to adopt agroforestry

...Economics courses and qualifications. On 27 April 2022, OU Economics hosted a seminar with Dr Aiora Zabala of The Open University and Anique Hillbrand, programme manager at OroVerde, the Tropical Forest Foundation, who shared their research and experience on forest and landscape restoration in Mexico and Guatemala. Trailer Watch the trailer below for the seminar, Why grow...
The Amartya Sen interviews
Society, Politics & Law

The Amartya Sen interviews

...economic well being, fairness and justice and how do we tackle deprivation and injustice. In this album, he talks about economics, welfare and his most recent book 'The Idea of Justice'. The ideas in this album can be studied further in The Open University course DD309 Doing economics: people, markets and policy... Amartya Sen on justice and injustice Amartya Sen...