Tag Archives: Macroeconomics

Sticky wages?

Posted on March 14, 2013 by Adam Seldis

As we start to look at for the first time with G11 and revise with G12 the difference between the Monetarist and Keynesian views on LRAS, in particular the existence of ‘sticky wages’, here is an interesting article from the … Continue reading →

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“Fear the Boom and Bust” a Hayek vs. Keynes Rap Anthem

Posted on March 9, 2013 by Adam Seldis

An Economics rap – not two words you expect in the same sentence.

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Inflation / Deflation

Posted on April 10, 2012 by Adam Seldis

This is the article I would like you to read on inflation This is the article I would like you to read on deflation Below is the video we watched in class.

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Questions on AD/AS

Posted on February 20, 2012 by Adam Seldis

Using AD/AS diagrams show the effects of each of the following on SR equilibrium, explaining what happens to equilibrium price level, output and unemployment*: The price of oil increases; Firms have low business confidence; Natural diasater has destroyed agricultural output; Government lowers taxes on … Continue reading →

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Lost Decades? What Lost Decades?

Posted on February 2, 2012 by Adam Seldis

Ever since I started studying economics, Japan has been used as the go-to economic cautionary tale. Today hardly an economic article is written about the US or Europe without some kind of reference to Japan’s ‘Lost Decades’ and how governments … Continue reading →

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Fight of the Century: Keynes vs. Hayek Round Two

Posted on May 4, 2011 by Adam Seldis

From the makers of Keynes vs. Hayek Round one, comes the latest installment in the rap war. Worth watching a few times…

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The future of Japan’s economy

Posted on April 5, 2011 by Adam Seldis

Following last month’s earthquake and tsunami and the continuing issues at Fukushima, questions have been raised about the impact of the disaster on an already fragile Japanese economy. Although the combination of natural and man-made disasters that struck Japan three … Continue reading →

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Inflation – the NKOTB?

Posted on February 9, 2011 by Adam Seldis

Inflation and New Kids On The Block have a lot in common: both should be avoided where possible; both were big in the early 1990s and haven’t really been thought of since; and both are now making an unfortunate comeback. … Continue reading →

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The world at your peak

Posted on January 27, 2011 by Adam Seldis

In 2050 you will be in your late 50′s. Unless you’ve become a professional sportsperson, most of you will be about to hit your earnings peak. When you do, just remember your kindly Economics/History teacher as he tries to pay … Continue reading →

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Double-Dip Recessions

Posted on January 27, 2011 by Adam Seldis

With G11′s we have started to explore macroeconomics, in particular the various policy options open to governments to help steer their economies out of trouble. A lot of the success of these policies comes down to timing. Continue with expansionary … Continue reading →

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