Islam embraces a set of moral norms and values about individual and social economic behaviour. But how does this compare with Western economics? Join Joel as he discusses Western and Islamic economics in a contemporary setting.
Oliver Hart and Bengt Holmström were awarded the 2016 Nobel Prize in Economics. Edmund Kemsley explains why.
Whenever a high profile event sells out, you can be sure that ticket scalpers are at work, endeavouring to make profits at the expense of those who missed out. Taylor Nugent explores why arbitrageurs succeed and explains the economics behind ticket scalping.
Elijah reflects on three and a half years of economics, and what it has meant to him.
Airlines are struggling to stay in the business. Why does the airline industry find it so hard to make a profit?
Elijah discusses how the Zollverein – a customs union and free trade area – played a pivotal role in the economic and political evolution of German-speaking states in the 19th century, eventually leading to the creation of the German Empire.
Economic models of old can’t explain why anyone would buy a lottery ticket. But using behavioural economics, we might one day be able to fully model human behaviour, writes Jesse Condie.
Elijah takes us to Hamburg and reflects on the city’s heritage as a flourishing centre of the Hanseatic League.
Marco Madzzar reflects on a new book by economist Richard Koo and its promise of resolving the economic malaise troubling the developed world.
Economics student Olivia Robins just wanted to buy an iPhone. To her dismay, she found out that it would cost nearly three times more in Australia than it would in the US. Find out why.
Australia needs a full-time, focussed competition watchdog that applies the law using state-of-the-art economics, understanding the ambiguities and subtleties of market interactions, writes Professor Stephen King.
An economic analysis into why we procrastinate and what we should do about it.