Blog
Japan raises its interest rate from -0.1% Free
The Japanese Central Bank - Bank of Japan has increased its baseinterest rate for the first time in 17 years in an attempt to tighten monetary policy (contractionary monetary policy). The rate has increased...
Blog
Surge pricing in theme parks Free
You may well have experienced a pricing method called surge or dynamic pricing if you are taking an Uber taxi. After a major concert, sporting event or just the city centre ‘rush-hour’ time in the evening...
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The growth of online gambling and market failure Free
The online gambling industry was one of the fastest-growing markets in 2023 with an annual growth of 4.1% and is projected to achieve a worldwide revenue of US$107.30bn by the end of 2024. This growth...
Assessment
Sample 1
(i) 2 marks for a complete definition. (i) 1 mark for recognition that a quota is a limit on imports. b. (i) Economic growth is minus 104% (2.58 / 2.48) Unemployment rate 2.28% 2 marks for a correct calculation...
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South Korea's declining birth rate Free
South Korea has seen its birth rate fall by another 8 per cent as the country has experienced a continuous fall in its birth rate over the last 60 years. In 1960 each woman in South Korea averaged around...
Blog
'Shop like a billionaire' Free
The Chinese-based online retailer, Temu made a bold statement to American viewers during the Super Bowl on February 11 with the slogan "Shop like a billionaire.". Their advertising message was reinforced...
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Government intervention in housing Free
Block on foreign buyers intended to make housing more affordable for Canadians. Justin Trudeau has extended a ban on foreign nationals purchasing homes anywhere in Canada, in a blow to expats. Only foreigners...
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Is Somalia the most difficult place to do business in the world? Free
If you are a Somalian business or individual one of the challenges, you will face in your everyday life is corruption. According to Transparency International's Corruption Perceptions Index (CPI) for...
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What does Javier Milei's election mean for Argentina's economy? Free
When Javier Milei was elected president of Argentina in December 2023 he put forward a set of policies that would take the country in a different economic direction. Argentina has significant economic...
DP essentials
Exemplar extended essay
This page includes a near perfect example of a near perfect essay. The student starts by collecting a significant amount of data and then relates their findings to an established economic model. It...