International Economics: IB Economics
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International Economics: IB Economics
A collection of articles relating to the 'international' elements of Economics and relating to IB, Pre-U and A-Level Economics.
Curated by Graham Watson
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Red Sea attacks could shrink economy, Treasury fears

Red Sea attacks could shrink economy, Treasury fears | International Economics: IB Economics | Scoop.it
The Treasury has modelled scenarios where the rebel attacks push oil up $10 and natural gas up by 25%.
Graham Watson's insight:

The implications of global geopolitics on the global economy are significant as this BBC article makes clear. The attacks on shipping in the Red Sea have obvious implications for the main macroeconomic objectives, and you should be able to model them.

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Joe Biden: The team he hopes can fix the US economy

Joe Biden: The team he hopes can fix the US economy | International Economics: IB Economics | Scoop.it
The new US president has called on a team of Ivy League-trained economists and lawyers to "heal" the economy.
Graham Watson's insight:

I'll just leave this here - there's little economics, but it's an interesting exercise in comparing the diversity of the team responsible for charting the course of Bidenomics. 

 

I wonder if the Treasury is this diverse?

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