ECONFIX

Currently doing a CIE AS Level revision course run by the Association of Cambridge Schools New Zealand (ACSNZ).

News this week looked at the New Zealand dollar dropping to a 13 year low against the Australian dollar: Sept 2013 NZ$1 = A$0.89 Sept 2026 NZ$1 = A$0.81 The reasons for this are mainly to do with the interest differentials between New Zealand and Australi…

Part of the A Level syllabus covers the external growth of firms.

Many thanks to Jamie Ogilvie (Yr 13 Economics student) for this post on behavioural economics.

Many thanks to Ben Qi (Year 13 A Level Economics student) for this post.

President Trump announced last week that he would give every American $5,000 if they give him a Republican House and Senate.

With the exam season approaching in the southern hemisphere here is something on the kinked demand curve.

As it is approaching exam time in the southern hemisphere, below are some notes on Development Economics – a popular question in the A2 essay paper – Section C / Paper 4.

A recent David McWilliams podcast discussed why America used euros to strengthen the yen when it could simply use its own dollars?

Many thanks to A Level economics student Jamie Ogilvie for this piece on the 1970’s stagflation in the US economy and the shift from Keynesian economics to monetarism.

The principle of economies of scale is fundamental to maritime transportation economics as the larger the ship, the lower the cost per unit transported.

The Carbon Border Adjustment Mechanism (CBAM) is the EU’s tool to address carbon leakage by ensuring that the price of imports reflects their embedded carbon emissions.

With some schools now doing their mock exams, here are some thoughts on approaching Data Response questions which are a part of the CIE and IB assessment.

Sustainable development is part of the CIE A2 Economic Syllabus and greenhouse emissions are significant barrier in trying to achieve specific goals.

You will have noticed in the FIFA World Cup that national football teams didn’t have commercial sponsor logos on their shirts due to strict FIFA regulations.

I have blogged on football and Schumpeter before with the proposed European Super League in 2021.

Third-degree price discrimination occurs when a firm divides consumers into separate groups or market segments and charges each group a different price for the same or similar product, based on differences in their price elasticity of demand (PED).

F&D magazine (June) from the IMF recently had an article on ‘How Much Does the World Work?’

An interesting piece research that I came across looks at the correlation between corruption and GDP per capital.

On 27 April this year New Zealand and India signed a Free Trade Agreement (FTA) although the agreement has not yet come into force.

With the recent World Cup game between England and Norway, The David McWilliams Podcast “England v Norway: A tale of two oil discoveries” discusses how the discovery of North Sea oil created two very different economic stories.

Despite improvements in technology, low unemployment, and economic recovery productivity has remained unusually weak.

The Iran war was predicted to push economies into a recession and although there has been an economic slowdown it hasn’t been significant enough to push economies into a contractionary phase.

Tutor2u have updated and enhanced their Economics Diagram Bank.

Despite the narrative that AI will be inherently disinflationary, the current infrastructure development is actively creating inflationary bottlenecks that prevent central banks from lowering interest rates.

With the World Cup in the knockout stages and the end of a long term approaching I thought it would be useful to add a bit of humour to lessons.