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ROM Economics will be back in June 2015

ROM Economics will be back in June 2015

| November 10, 2014

I would like to thank all our readers and writers for contributing to this website and helping it grow into

A Beginner’s Guide to the Big Mac Index

A Beginner’s Guide to the Big Mac Index

| November 6, 2014

The Big Mac index was first used by The Economist in 1986 as an informal guide to purchasing power parity

Premier League tickets – will prices ever stop rising?

Premier League tickets – will prices ever stop rising?

| November 5, 2014

The price of watching football in the UK has been the topic of much discussion in the press recently, with

Should Economics be more mathematical?

Should Economics be more mathematical?

| September 18, 2014

This old argument of Qualitative Economics versus Quantitative Economics has always been controversial (we are talking about Microeconomics specifically).

Pick your leader, Protect your system

Pick your leader, Protect your system

| September 1, 2014

Economists often assume government as a third-party agent, and is responsible for maintaining an efficient market under fair regulation. This

Asia’s problems and the West’s opportunities

Asia’s problems and the West’s opportunities

| August 16, 2014

Displays of upheaval and state breakdown in global politics are not particularly rare, but the number of missed opportunities for

Chancellor Osborne, a Rise In GDP Per Capita Is a ‘Major Milestone’ Not an Increase In GDP

Chancellor Osborne, a Rise In GDP Per Capita Is a ‘Major Milestone’ Not an Increase In GDP

| August 13, 2014

The Chancellor has heralded the latest GDP figures as a ‘major milestone’ in his long-term plan for the economy. Figures

Licensing and Rent Dissipation

Licensing and Rent Dissipation

| August 11, 2014

Referring to my last article (Gondola Licence and transaction costs), I have discussed the relationship between licensing, information cost and

Ebola in West Africa: A Growing Economic and Humanitarian Crisis

Ebola in West Africa: A Growing Economic and Humanitarian Crisis

| August 3, 2014

The Ebola outbreak in West Africa continues to worsen. Already prevalent in Guinea, Liberia and Sierra Leone, there are now

India’s budget and FDI: the vehicle on the road to investment-led growth

India’s budget and FDI: the vehicle on the road to investment-led growth

| July 23, 2014

The Indian Finance Minister, Arun Jaitley, recently revealed India's new budget. It is intended to be the Government's strategy to

Purchasing Power Parity (PPP) Explained

Purchasing Power Parity (PPP) Explained

| July 21, 2014

Purchasing power parity (PPP) is a theory developed by Gustav Cassel, a Swedish economist in 1918.

Game Theory: The Paradox of Collective Action

Game Theory: The Paradox of Collective Action

| July 19, 2014

The Paradox of Collective Action is a situation where more than one party is involved in an action but they

Same people, new borders?

Same people, new borders?

| July 15, 2014

There is perhaps no greater testament to the tenacity with which states will hold onto their national identity and borders

John Forbes Nash, Jr. (1928 – )

John Forbes Nash, Jr. (1928 – )

| July 14, 2014

John Forbes Nash Jr. is an American mathematician and co-recipient of the 1994 Nobel Prize in Economics for his work

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