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House price latest

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House prices up by 6.9%.

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Model agencies collude to fix rates

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Regulators find leading model agencies guilty of price fixing.

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Consumer and producer surplus

Question 1

Look at the graph and select the correct area for the questions that follow.

Consumer and producer surplus

Which area represents:

  1. Consumer surplus at price P.

  2. Producer surplus at price P.

  3. The loss of consumer surplus if price rises from P to A.

  4. The change in producer surplus if price rises to A.

  5. The economic welfare to society at price P.

  6. The net loss of economic welfare to society if a monopolist enters the market and raises the price from P to A.

Question 2

Using the concepts of consumer and producer surplus evaluate the likely economic effect of a subsidy on school footwear producers.

 


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UK grows by 0.3% in 1st quarter of 2017.

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Customs unions

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Costs and benefits of customs unions.

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New materials

multiple choice

Multiple choice papers for Paper Three.

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Brexit update

Article 50

What trading options are available to the UK?

Savings ratio

Savings ratio

Savings ratio falls to lowest level on record.

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Tax avoidance

Double Irish - and a Dutch Sandwich more..

US rates

The OECD presents its final package for reform of international tax rules..more

Bank of England - cuts interest rates to 0.25%..more.

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