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...economics, does a person’s well-being really matter? What is more important, social objectives or profit maximisation – or are they even compatible? During a trip to Burma in 1955, Ernest Schumacher pioneered the concept of Buddhist Economics, a set of principles based on the belief that the function of business is to supply goods and services for need and true...

...economics, what do you think of? The Chancellor, the economy? Well it’s about much more, covering the personal, national and global aspects of our lives...[London Stock Exchange] Economics is about how, as individuals and groups, we get the things we want to buy and the services we need and want. From a £5 flight to Belfast to a penny off income tax, from a National...

...economic inequality, explores the causes of economic inequality in modern times and its consequences for success for the economy. The course will encourage you to reflect on your personal experiences of inequality before looking at how the issue is approached in economics. You will study some of the different dimensions of economic inequality, and learn about the main...

...economic model, predicts that if there are just two countries and two products both can be better off if they specialise and trade in the thing they’re relatively best at. The Impossible Trinity The Impossible Trinity or 'trilemma' suggests that it is impossible for a country to maintain a fixed exchange rate, free capital movement and an independent monetary policy at...

...economics...Transcript Economics and the environment have a reputation for not getting along! For many, economics is viewed as capitalism and profits, whilst the environment is something good, necessary, and underappreciated. But perhaps there are benefits to considering these two areas together, or even as one? When I talk to students and other academics I often observe...

...Economic Community in 1973, under a Conservative government, it agreed to VAT on sanitary products being 17.5%. Following political pressure on the Treasury in the form of Early Day Motions from Labour MP Chris McCafferty and taken up by fellow Labour MP Dawn Primarolo in 2000, it was eventually reduced to 5%. When the VAT Directive was last negotiated in Brussels in...