select category from menu


US-China trade

Tensions raised as tit-for-tat trade dispute escalates. 

Read more
Model agencies collude to fix rates

Regulators find leading model agencies guilty of price fixing.

Read more
Alternative finance

Report on the growth of alternative finance.

Read more



If the price of a product changes it will result in a new quantity supplied and a movement along the existing supply curve.

However, if another ‘determinant of supply’ changes it will result in a shift of the supply curve to a new position, to the right (an increase) or to the left (decrease).

In the following cases, draw an original supply curve (S) and a new supply curve to the left or right, and label it S1.

  1. The supply of economics textbooks following a fall in the cost of printing.

  2. Ice cream, following a rise in the cost of milk.

  3. Underground (metro) travel following a strike by train drivers.

  4. The world supply of oil following the discovery and refining of large oil reserves in Russia.

  5. The supply of wine from France following the imposition of a tax on imported wine.

  6. The supply of bread in an economy following the granting of a subsidy by the government to bread producers.


Read more
Sainsbury's-Asda merger

Sainsbury's and Asda confirm merger plans.

Read more
Customs unions

Costs and benefits of customs unions.

Read more
New materials

Multiple choice papers for Paper Three.

Read more
Brexit update

Article 50

What trading options are available to the UK?

Savings ratio

Savings ratio falls to lowest level on record.

Read more
Tax avoidance

Double Irish - and a Dutch Sandwich more..

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

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

Get the Economics Online app