My name is Vanessa and I am currently taking a gap year before studying Economics at University. Born in Hong Kong and lived there for ten years, I have witnessed rapid economic and political changes in both Hong Kong and China. Since then, I have developed a special interest in developing economies such as China and India, and how different policies can help them to grow and become one of the largest economies in the world.
Vanessa Cheung's Latest Posts
The Big Mac index was first used by The Economist in 1986 as an informal guide to purchasing power parity (PPP). It was chosen because McDonald’s is almost present in every country in the world and the ingredients of making a Big Mac stay pretty much the same.
Vanessa Cheung takes us through the second part of our complete guide to the Keynesian Model.
Vanessa Cheung takes us through the first part of our complete guide to the Keynesian Model.
The endogenous growth theory was developed by economists, including Paul Romer and Robert Lucas, in the mid-1980s. The theory came about because economists had become increasingly dissatisfied with neo-classical growth models that did not explain where the technological changes in economies came from.