Category Archives: Business

How can an empirical economists use machine learning

How can an empirical economists use machine learning

As empirical economists, how can we get the maximum from machines? We know that they do the work. Facebook offers ads, articles according to your interests, Siri understands voices, and Google translates everything. Doing these ‘intelligent” things is statistical and computational. Tackling empirically the tasks made it all possible. Let’s see how we can use […]

AI: Innovation or Just Our Future – How Automated Decision-Making Took Over the UK-EU Market

How Automated Decision-Making Took Over the UK-EU Market

Artificial intelligence (AI) has progressed rapidly and is no longer just a concept from a sci-fi movie. It’s already transforming many industries, from driverless cars to voice automation in homes.  The future is arriving faster than we could have predicted. AI makes us rethink how we integrate information, analyse data, and use those insights to improve […]

Brexit: Pharmaceutical Products and Import/Export

Brexit: Pharmaceutical Products and Import/Export

Brexit has affected all sectors of the economy, and the pharmaceutical industry is no exception. This industry in the UK provides tens of thousands of jobs and billions in tax revenue and research investment.  If you own a business related to importing and exporting pharmaceutical products, you need to be up to date on the […]

Impact of the EU-UK future trade relationship on the European pharmaceutical industry

EU-UK future trade

The Brexit earthquake has triggered tectonic rifts in many industries in Europe, including the pharmaceutical sector.  The aftermath is yet to be seen, but the rubble will take years to clear. A post-Brexit, mid-pandemic world is a challenge for the pharmaceutical industry. This text will tackle the critical implications of the new reality.   EU-UK Trade […]

Use of Machine Learning in Economic Research

Does your company feel the need to be more organised and productive? Do you wonder how you could implement and use information technology in business? Then article is for you – it will discuss some relevant IT topics and even share with you how to stay focused.  Today, we use information technology regularly in our […]

Adapting to Brexit in the pharma industry

The pharmaceutical sector is the third-largest industry in the UK. This sector adds £13.8 billion to the British economy per year (gross value added) on average. Pharmaceutical companies today try to figure out how to unravel decades of EU integration. Brexit will cause waves in procedures from now on. This may give additional costs for […]

How to import goods to the UK

How to import goods to the UK

How to import goods to the UK and avoid problems despite Brexit and the changing landscape of the UK import and export industries?  Importing goods has always been a vital part of the United Kingdom’s economy. Yet, now, after leaving the EU, there are more things to bear in mind that will save money as […]

Food exportation and importation

How can you import food into the UK?

These are fluctuating times for international trade – with the COVID-19 pandemic, ongoing Brexit developments, global supply chain issues, and geopolitical tensions. This article will provide information about food exportation and importation for your business.  How can you import food into the UK? When importing food, you need to know about regulations that apply to […]

Why a leading economist is embracing machine learning

Have you heard about the new ways to reduce costs and increase profit? Machine learning in economics highlights these patterns. According to recent research, this can increase productivity by 14.3% by 2030. It is a stimulant for productivity growth. Shortly, many current jobs and tasks will be performed totally by Artificial Intelligence (AI) algorithms or […]