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A great example of Gov't considering opportunity cost when deciding on the amount of public and merit goods to produce
Evaluation of usefulness of public and merit goods put into context with opportunity cost... (OC is a great way to evaluate)
Analyse and evaluate....
Retailers using deep discounts to attract cash-strapped consumers, the British Retail Consortium says
Changes in Supply or Demand? I'd argue both....
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Interesting application of the external cost principle. What do you think of the government intervention used?
Are the costs associated with young people smoking cannabis fully known? Information problems that could lead to overconsumption?
Information Failure on fatty foods and obesity
Positive Externalities In Production
Looks like a lot economics in here!
The Government is accused of "deplorable practices" after meetings with the drinks industry before shelving minimum pricing.
What is happeing here? Would minimum pricing reduce consupmption? Is hte governement right to listen to lobbying from within the industry?
Nearly £1.3 million in fines has been paid by drivers who flouted bus lane restrictions in Leicester in the past 18 months. Cameras in Charles Street and Causeway Lane caught 47,232...
Notice the drop in numbers of people being fined. Does that signal that it is working?
AIR pollution can kill – even at so-called “safe” levels, according to the latest research.