Discuss key features of the demand side of this market and explain two factors that can lead to a shift in the world demand for oil

1.a Discuss critical features of the supply side of this market and explain two factors that can lead to a shift in the world supply of oil, clarifying the direction of the shift caused by the specific examples mentioned.

1.b Discuss key features of the demand side of this market and explain two factors that can lead to a shift in the world demand for oil, clarifying the direction of the shift caused by the specific examples mentioned.

1.c Describe the price pattern recorded in the international price of oil between 2000 and 2020, focusing on the most important changes. Source:

1.d Use the demand and supply diagram to explain two identifiable price changes that have taken place between 2000 and 2020. In each case explain the factors which have contributed to the shifts specified in your diagram.

1.e Use the demand and supply diagram to outline your medium-term forecast (in 2025) and your long-term forecast (in 2050) for the international oil price. Support your views with sound and plausible justifications. Make sure to explain how each relevant factor impacts the demand or supply curve and the direction.

1.f Evaluate the implications of your long-term oil price forecasts on the relevant stakeholders.

Why is it so difficult to estimate the effect of Government spending on the economy and how have economists addressed the problems?

Why is it so difficult to estimate the effect of Government spending on the economy and how have economists addressed the problems?

explore how regulation of natural monopolies has changed over time.

Explore how regulation of natural monopolies has changed over time. “Regulation of natural monopoly 1” and the references to other papers in it should give you the bulk of the references needed.

Include how the definition of natural monopoly has changed over time. The need for regulation of natural monopolies. Types of regulation used in the UK industry RPI – X etc. Issues with regulation e.g. asymmetric information, regulatory capture.

 

Evaluate how  monetary policy can affect real macroeconomic activity through its interaction with financial markets in an international setting.

Evaluate how  monetary policy can affect real macroeconomic activity through its interaction with financial markets in an international setting.

Explain the connection between financial markets, real saving by households and real investment by firms.

Explain the connection between financial markets, real saving by households and real investment by firms.

 

Evaluate investment and financing decisions for multinational firms in light of risks associated with foreign exchange and international bond markets

Evaluate investment and financing decisions for multinational firms in light of risks associated with foreign exchange and international bond markets.

 Evaluate the relationship between macroeconomic conditions and financial markets of different asset classes

Evaluate the relationship between macroeconomic conditions and financial markets of different asset classes

Critically evaluate the relationship between financial markets, government policy and the wider economy

Critically evaluate the relationship between financial markets, government policy and the wider economy

Critically evaluate the impact of changes in expectations of future inflation and interest rates on macroeconomic policy and financial markets

Critically evaluate the impact of changes in expectations of future inflation and interest rates on macroeconomic policy and financial markets