Saturday, February 27, 2010

The BBC reports the demise of the Hummer

a) Explain, using the theory of what determines demand, why demand for the Hummer has fallen to the extent that GM is stopping production

Unit 2: Decreasing investment in the UK

Anforme report decreasing investment in the UK

a) To what extent will this 24% decrease in investment effect the level of aggregate demand in the economy?

Unit 2: Unemployment rates in various countries

Tutor2u has this "play your cards right" unemployment game

Thursday, February 18, 2010

Unit 2: An unclear picture on UK unemployment

The BBC and anforme report differing signals from the latest figures video article

a) Why might the LFS figures underestimate the real unemployment figures?

Wednesday, February 17, 2010

Unit 2: Supply side policies in China; encouaraging entreprenneurs

A post from tutor2u , with an audio clip on Supply side policies in China

Unit 2: Rising inflation in the UK

A good summary from the BBC and anforme video article

a) What type of inflation is the economy currently suffering?
b) Who wins and who loses in the UK economy when there is inflation?
c) To what extent is inflation at 3.5% a problem for the UK economy?

Unit 2: How does the government finance a budget deficit?

The answer can be found in this great little video from the BBC

Thursday, February 11, 2010

Unit 2: UK inflation data

A chart from Volterra showing UK inflation over the last 7 years. Note when it goes outside the limits (2%+ or- 1%)

Unit 2: GDP growth in the UK over the past secade

A useful chart from Volterra

a) describe the pattern of growth in the UK over the period shown
b) In which quate of which year would the UK have had the highest GDP figure

Unit 2: Real v nominal data: All time best selling films

Thanks to tutor2u for this Wall St Journal analysis of all time USA box office success

a) Explain what "nominal gross takings" means
b) Which is the best nominal grossing film ever?
c) Explain what "real gross takings" means?
d) Re-order the top five to show the best real grossing films ever?
e) Explain the difference between the 2 lists

Monday, February 08, 2010

Saturday, February 06, 2010

Unit 1: Video clips for externalities

Tutor2u has links to 5 video clips on externalities

Unit 2: The problems in Greece

From economics blog comes these summaries of the position Greece finds itself in

The BBC has these videos on the same topic

.......and this one on the start of the problems the government may face with these proposals

a) Assess the current position of Greece in terms of the 4 macroeconomic objectives
b) Discuss how successful the measures taken by the Greek government are likely to be in improving the state of the Greek economy

Unit 2: The UK's national debt

A good summary video from the BBC on the national debt

Tuesday, February 02, 2010

Monday, February 01, 2010