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Things you probably didn't know about PISA
The recent PISA results have made the news for Malaysia’s underperformance, casting a spotlight on the nation's education system. But...
scyhl13
Jan 26, 20248 min read


Carbon Offsets: A Modern Indulgence
Source: History Extra (2021). In the Middle Ages, indulgences were sold by churches to lay Catholics as a form of remission of the...

Nottingham Economics Society
Aug 3, 20236 min read


Carbon offsets: A good idea
At the end of 2022, the European Union negotiators reached an agreement to overhaul the bloc’s carbon market. The deal was labelled a...

Nottingham Economics Society
Mar 1, 20234 min read


What is OPR and how does it affect us?
Bank Negara Malaysia (BNM), Malaysia’s central bank, has recently announced an increase in overnight policy rate (OPR) by 25 basis points...

Nottingham Economics Society
Sep 14, 20222 min read


Paul Krugman: New Trade Theory and New Economic Geography Theory
Introduction Paul Robin Krugman (1953-) is a Neo-Keynesian, American economist (Brock, 2020) that became a Nobel laureate in 2008 for his...

Nottingham Economics Society
Aug 11, 20224 min read


Who was Simon Kuznets?
Simon Kuznets was a Russian-American economist and Nobel laureate, who is best known for the Kuznets curve, his work on the relationship...

Nottingham Economics Society
Jun 28, 20222 min read


John Maynard Keynes
John Maynard Keynes (1883-1946) was a British economist and one of the most influential figures of Macroeconomics. He introduced the...

Nottingham Economics Society
Jun 27, 20222 min read


Who was Elinor Ostrom?
Elinor Ostrom was an American political scientist, economist, and Nobel Laureate in the field of Economics. She is best known for her...

Nottingham Economics Society
Jun 27, 20222 min read


What is Modern Monetary Theory?
Modern Monetary Theory (MMT) is a macroeconomic theory that can be summarized by the basic idea that ‘governments that issue their own...

Nottingham Economics Society
Jun 21, 20223 min read


Adam Smith
Adam Smith’s work – An Inquiry into the Nature and Causes of the Wealth of Nations – was revolutionary, especially when considering the...

Nottingham Economics Society
Sep 23, 20203 min read


Crony Capitalism
Crony capitalism. What is it? And why is it so bad? To answer these questions, let’s think about the good, old-fashioned capitalism. It...

Nottingham Economics Society
Sep 9, 20203 min read


The Big Mac Index
Did you know the price of a single Big Mac can predict the value of currencies around the world? Read on to find out! McDonald’s is...

Nottingham Economics Society
Jul 11, 20203 min read
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