Economics blogs are a great way to learn about the fundamental principles of economics. Whether you are new to economics, are studying the subject at secondary school, or you are a graduate student at a university, blogs are an easy and affordable way of discovering more about the latest economic principles, issues, and trends, and bringing them to life.
What’s more, the best economics blogs provide insight into a number of different economic specialisms and approaches, so there’ll always be a blog you can refer to. Below we outline the best economics blogs, from both the UK and overseas, so you’ll never be short of inspiration when it comes to finding your next blog.
Every newspaper outlet worth their salt should have their own economics blog, or at a minimum a business blog outlining their perspective on the global financial issues of the day. Reading a mainstream economics blog from a popular newspaper can be beneficial in a number of ways:
For example, the Financial Times has a global economy blog, which, as the name suggests, covers a whole range of economic issues from across the globe. So if you’re interested in international economics, and want to find out more about the economic policy of Japan, the U.S., or the E.U. then you’ve gone to the right place.
You do have to be a subscriber to read these blog posts, however, but economics or business students often find that having a subscription to the FT is a great way to supplement their learning in any case.
Alternatively, you could look at Bloomberg’s economics blog to brush up on the issues of the day. Although there is a largely American focus on some articles, there are also opinion pieces that provide commentary on broader economic topics, including articles such as “Remember Marx for How Much He Got Wrong.” Furthermore, the blogs are free to read, which is always popular with readers and is perfect if you’re on a budget.
Whilst reading blogs can be a great way to help prepare you for exams, sometimes it’s also worthwhile to complement any extra-curricular study you’re doing with online tutoring from a qualified economics tutor.
Often, the tutor can help you understand topics that blogs write about, and can provide further context around why certain economic issues, such as property prices in London, are so important today.
Newspapers have some of the best economics blogs. (Source: CC BY 2.0, Jon S, Flickr)
Another great source of information for those looking to learn more about economics is the economics blogs created by the major economic institutions we have today.
Blogs from such institutions are not only contemporary, but they also give you a chance to use real-world examples in essay answers from those that really know about the economic system we work and live in today.
The International Monetary Fund’s blog, for example, is a great resource for any undergraduate economics student. The IMF posts a number of blog articles each month, including articles from some of the major economic players today, such as the Managing Director of the IMF Christine Lagarde. What’s more, the blogs are also easy to read, which is perfect if you’re trying to find an explanation about the economic theories of a difficult topic.
For something closer to home, you can also try the economics blog from the Adam Smith Institute. The Institute is a think tank that seeks to make “the case for free markets and a free society in the United Kingdom.”
There are daily posts that cover a variety of topics that you often wouldn’t associate with economic issues, including article titles such as:
It’s important to note that articles from the Adam Smith Institute are very much focused on the free-market, and so you may be better off reading a more generalist economics blog if you would like to read about other viewpoints.
Universities are often at the forefront of pioneering research, so it naturally makes sense to include an economics blog or two from a leading university or a university professor on your reading list.
The CFE blog, which is produced by the Center for Financial Economics at Johns Hopkins University in the U.S. is one such example. Although the blog again tends to focus on either U.S. issues or university-specific events, there are some interesting blog posts about financial economics, which are always worth a read.
Equally, there is the “mainly macro” blog, written by Simon Wren-Lewis, a former economics professor at Oxford University. His blog focuses on macroeconomics and macroeconomic ideas, whilst discussing the global issues of the day. With around 12 blog posts a month, there’s ample, well-written content to read, without being too overwhelmed.
However, if you’d prefer to read more about microeconomics, then it may be worthwhile looking at Professor Casey Mulligan of the University of Chicago’s blog, “supply and demand (in that order).” Despite the U.S. focus, there is a wealth of information that beginners and experts alike can find in the blog’s articles that may prove useful.
Universities can have great economics blogs. (Source: CC BY-SA 2.0, Andrew Smith, Wikimedia Commons)
If you’re struggling with a particular aspect of economics, whether it’s:
One great way you can help improve your understanding of that topic is by reading a blog that specialises in that particular area of economics.
For example, if you’re looking to boost your grades when it comes to macroeconomics, you could turn to KPMG UK’s macroeconomics blog, which is written by KPMG UK’s chief economist Yael Selfin.
Although the blog isn’t updated as regularly as other blogs we’ve listed, the content is always relevant and insightful whilst outlining the implications of events that impact our economy, from the Chancellor of the Exchequer’s Spring Statement to the London housing market. This makes the blog a great source of examples that you can use in your next piece of economics homework or upcoming essay.
There are also blogs that focus on one particular school of economic thought. Café Hayek, a popular blog written by Don Boudreaux and Russ Roberts, is a blog that engages in debate and argues against Keynesian economic views and principles.
Of course, you can also find a number of more generalist or theoretical blogs that cover a variety of economic content, so there’s always an economics blog out there for you regardless of your economics interests or specialisms.
For example, the Economist is a great resource for anyone wanting to know what the latest economic trend is, or how economics shapes our world today, as it contains a regular stream of articles on engaging topics. As with the Financial Times, you have to pay for a subscription to read all their articles, but you can normally read around three for free before requiring a subscription.
However, many economics students find the site to be an invaluable resource and find that it is well worth signing up for.
You can easily find an economic blog online. (Source: CC0 1.0, Petr Kratochvil, Public Domain Pictures)
Overall, reading a range of economics blogs is a great way to develop your understanding of global politics, as well as current global economic trends and economic problems. Reading a blog doesn’t take very long to do either, so it’s a time-efficient way of keeping up to date with current trends and news.
Whether you want to learn more about microeconomics, banks, Keynes, monetary and fiscal policy, or want a blog that’s more generalist in approach, you can easily find a number of blogs that cover emerging topics that interest you.
What’s more, economics blogs often come from a number of different sources, from economic institutions to news outlets, and different blogs have their own school of thought. Reading widely means you can access opinion pieces that argue their own point of view, which broadens your own horizons in turn.
However, sometimes blogs can only get you so far, especially if you’re looking to improve your academic performance or exam performance. That’s why it’s often a good idea to look to hire a tutor to complement your studies.
Indeed, you can even combine tutoring with reading blogs, as you can talk about important current issues and blog posts with your tutor. Superprof has a number of experienced economics tutors, so why not take a look today?