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    Employment and Unemployment

    In the commerce second lecture, trends in the labour market will be considered, examining patterns of unemployment, employment, hours worked and real wages. Do high participation rates in the labour market reflect represent economic progress or an economy mired in low-skill low-wages jobs?

    King Edward VII

    Edward VII had an instinctive understanding of the human side of monarchy. At home he faced a constitutional crisis when the House of Lords rejected the budget in 1909. The crisis remained unresolved at Edward’s death in 1910.

    Recession and Recovery

    A consideration of economic performance in terms of income and productivity growth, prior to and following the recession. We shall examine the so-called "productivity puzzle" and explore the possible explanations and solutions.

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