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House price latest

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House prices up by 6.9%.

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Model agencies collude to fix rates

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Regulators find leading model agencies guilty of price fixing.

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The following figures relate to the demand and supply of cigarettes:

Price £ Q demanded (m) Q supplied (m)
7.00 600 1500
6.50 650 1400
6.00 700 1300
5.50 750 1200
5.00 800 1100
4.50 850 1000
4.00 900 900
3.50 950 800
3.00  1000 700
  1. Plot the demand and supply curves and show equilibrium price and quantity. 

  2. The government decides to impose a tax on cigarettes of £2.00 per pack.  Plot a new supply curve, and show the effect of this tax on:

The price of cigarettes and, the amount of cigarettes consumed.

From your graph estimate the incidence (burden) of tax on the consumer and producer.

Alternative finance

alternative finance

Report on the growth of alternative finance.

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GDP latest

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UK grows by 0.3% in 1st quarter of 2017.

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Customs unions

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Costs and benefits of customs unions.

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New materials

multiple choice

Multiple choice papers for Paper Three.

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Brexit update

Article 50

What trading options are available to the UK?

Savings ratio

Savings ratio

Savings ratio falls to lowest level on record.

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Tax avoidance

Double Irish - and a Dutch Sandwich more..

US rates

The OECD presents its final package for reform of international tax rules..more

Bank of England - cuts interest rates to 0.25%..more.

OECD - reducing income inequality will boost growth..more