CONTENTS
P.1
W
News
12 -13
UK Economy
Under the Whitonomics
Microscope
14 - 15 International Round-Up
of World Economies
On the cover
4
Chartwells
Contracts, Chips &
Chicken
What goes into your food
2
Key Economist- Milton 10 - 11 Can Money buy
Friedman
Happiness?
In Brief
3
An Introduction to
Economics
The science of choice
8 An introduction into
Behavioural Economics
9 Car Insurance Explained
16 Austerity - the truth
Ayo
Thomas
Kade
David
Pearson Stroude
Rahmon
Agbaje
elcome to the first
publication of
Whitonomics – the
Whitgift Economics magazine
and as Chief Editor I hope
you thoroughly enjoying
reading all of the stimulating
articles the boys have written.
Economics is a subject which
is thoroughly enjoyed in the
school and by writing articles
for this magazine students
have had the chance to further
extend their passion for the
subject. The articles in the
magazine are of the highest
quality and all of us hope
you enjoy reading this first
edition. Ever been interested
in behavioural economics?
Have you ever wondered why
car insurance is so extortionate
for young drivers? Has your
mind ever questioned how the
school manages to feed so
many pupils on a daily basis?
Well, in this first edition all
of these questions and more
are answered in a thorough
and engaging manner. Find a
comfortable space, relax and
enjoy delving into a world of
intrigue, thought provocation
and simple Economics –
whether you’ve studied the
subject or not, I promise you
there is something in this
magazine for everyone. Thank
Rahmon Agbaje
you.
chief editor
Arman
Uddin
Geoffrey
Sato-Holt
Raam
Dominic
Jeganathan Krajewski
Bardeya
Moradi
Saaber
Fatehi
Jasdeep
Ghahir