One notable short term impact of Brexit (Yes I know it hasn’t happened yet) is the plummeting of the pound. In this post I will talk about the basics of currency fluctuations and how it will effect people in the economy. The pound has fallen by 18% against the dollar, the greatest plunge for 30 years and is having an impact on the economy. Why … Continue reading The Marmite Currency: How are people affected by currency changes?
A basic explanation as to the short run effects of the Bank Of England lowering the exchange rates. Continue reading Why have we just lowered the interest rates?
An explanation into supply and demand in the first chapter of the economics explained blog posts. Continue reading Economics Explained: IX Introduction to microeconomics