The rumblings generated by the recent football transfer window have inspired this week’s edition of EzyEconomics News.
It looks at the impact the principal agent problem and misaligned incentives have on the market for professional footballers and houses.
Apart from considering the general background to this issue if also looks at some economic research (Rutherford, Springer and Yavas) that measured the possible extent of this distortion in the housing market.
This edition of EzyEconomics News considers how to approach extended essays and various evaluation techniques. It concludes with a suggested blueprint to make sure that effectively structured answers can be produced by students within the time allowed in exams.
Although it focuses on the AQA structure, the techniques and suggestions for structuring answers will work effectively across exam boards provided appropriate adjustments are made to reflect board specific time allocations.
This video focuses on key aspects of analysis. Although the video refers to the AQA exam board the skill is applicable to all exam boards. The only significant difference between boards is how they award marks for this skill.
This video focuses on key aspects of good analysis and effective logical chains of reasoning.
This week's edition looks at the basis of inflation measurement in the UK and the recent publicity concerning the decline in the UK's inflation rate.
This week's edition looks at the Chancellor's Autumn Statement. It highlights the main changes announced and showcases how to analyse and evaluate the changes in stamp duty.
This week's edition looks at recent events in the oil market. An analytical approach is used to compare recent price changes to movements over the last 10 years, explain the likely causes of the price movements using demand/supply analysis and consider why OPEC has decided not to reduce production.
This is the final video on government debt. it explains the role of financial markets and the risks associated with the trading conditions relating to the UK's government debt.
This is the 2nd of 3 videos on government debt. it explains the role of the Debt Management Office in arranging loans for the government and the important role of the second hand market that trades government debt after initial issue.
The publication of the UK Labour Market Report last week re-energised the "cost of living crisis" debate. The report highlighted that for the first time in 5 years the annual rate of growth in earnings was higher than annual rate of growth in prices. This indicates that the economy might be returning to normality with purchasing power increasing rather than reducing as it has for the last 5 years.
This week's EzyEconomics News takes a look at the relationship between earnings and prices and why this will be a key political issue in the run up to the general election next year.