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House prices and income: an application of cross section data

Parkrun: an example of public good characteristics and externalities

You may have taken part in a Parkrun or seen the groups of joggers in your local park on a Saturday morning. In this article Matthew Olczak explores the economics of these global running events

You can find answers to the questions in this article at www.hoddereducation.co.uk/economicreviewextras

Parkrun started in 2004 when 13 runners met up at Bushy Park in London to run together. Since then the concept has spread widely. Over 700 such events now take place weekly in the UK (or did before Covid-19 required them to be suspended), and almost 2.4 million people have completed one of the runs.

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