Economics Explained

Clear explanations of current economic events, written for A-level students studying AQA or Edexcel Economics. Each article shows how real-world examples can be used to understand economic theory, strengthen analysis and improve evaluation.

A-Level Economics Skills Richard Clark A-Level Economics Skills Richard Clark

How to Build a Chain of Analysis in A-Level Economics

Strong economic analysis is not about memorising long chains or model paragraphs. It is about understanding why one economic change leads to another. This guide shows you how to build chains of reasoning using the Clark Economics Arrow Test, spot missing or faulty links, develop evaluation naturally and turn your understanding into concise exam answers.

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Core Resources Richard Clark Core Resources Richard Clark

Why Does Economics Exist?

Economics can seem like an odd collection of subjects, from prices and pollution to banks, unemployment and government borrowing. This guide builds an economy from scratch to show how these topics fit together, why economics exists and what economists actually do.

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Core Resources Richard Clark Core Resources Richard Clark

Opportunity Cost: The Cost of Choosing

Every choice means giving something else up. Economists call the value of the next best alternative opportunity cost. This article explains how opportunity cost affects everyday spending, business investment and government decisions—and why the true cost of a choice is not always its price.

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Microeconomics Richard Clark Microeconomics Richard Clark

The £2 Bus Fare Cap: Who Pays the Rest?

On 22 July 2026, Prime Minister Andy Burnham announced that eligible single bus fares on participating services across England outside London would be capped at £2 in 2027. We examine the policy through A Level Economics concepts including subsidies, price ceilings, price elasticity of demand, externalities and opportunity cost.

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Macroeconomics Richard Clark Macroeconomics Richard Clark

President Trump’s Tariffs in 2026

President Trump’s 2026 tariffs are a useful real-world example of protectionism. This article explains what tariffs are, why governments use them, and how they link to A-Level Economics topics such as inflation, trade deficits, elasticity and government intervention.

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