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Sunday, 7 June 2015

Unit 3: Royal Mail Privatisation - A must read!

This is a revision presentation on aspects of the privatisation of the Royal Mail - an important milestone in the history of privatisation in the UK economy.

Unit 3: Monopolistic Competition - Revision Presentation

Monopolistic competition is a form of imperfect competition. It can be found in many real world markets ranging from clusters of sandwich bars, other fast food shops and coffee stores in a busy town centre to pizza delivery businesses in a city or hairdressers in a local area. 

Monopolistic competition is similar to perfect competition, some economist regard it as more realistic, because the products are differentiated.

Wednesday, 3 June 2015

Unit 4: Foreign Aid - Who do we give money to?

Thank you to Graham for this interesting article on who are the biggest recipients of foreign aid. Only read if you want some context for a Unit 4 question. This wont answer an essay for you.

Monday, 1 June 2015

Unit 4: Globalisation Model answer

A useful model answer from a previous Unit 4 past paper.