This paper addresses the current gaps in economic literacy within secondary education and offers practical, research-backed recommendations aimed at ensuring that students across the UK receive a solid foundation in economic principles.
Improving Economic Literacy through PSHE
In today’s rapidly evolving global economy, economic literacy is more important than ever. Yet, in England, economic education within the secondary school curriculum remains inconsistent and underdeveloped.
39% Capital Gains Tax?
By analysing this potential development through the lens of intertemporal choice theory, we can gain valuable insights into how such a tax increase might influence economic activity.
Fiscal Rules
The UK’s fiscal rules, designed to ensure responsible financial management, have become increasingly restrictive, particularly at a time when significant public investment is urgently needed.
Opportunity Cost: Rent or Buy
The recent divergence between modest house price growth and surging rents poses a complex decision for many: is it better to continue renting or to buy a home? Understanding the underlying economic concept of Opportunity Cost can help clarify this choice. Opportunity Cost is the value of the next best alternative forgone when making a decision. In […]
Flooding
Recent warnings from the Met Office regarding heavy rainfall and potential flooding highlight the immediate disruption caused by adverse weather. However, the economic consequences of flooding extend far beyond delays and damaged property, with significant financial implications for households, the property market, and the insurance industry. One of the most notable impacts of flood risk […]