Wednesday, April 13, 2011

Unit 2: UK unemployment falls

Latest data from the BBC and anforme

Unit 2: Why did CPI inflation fall from 4.4% to 4%?

.....Ch4 reports ....and the BBC video article....and anforme

Saturday, April 09, 2011

Unit 1: How far should a government go in intervening in the free market? Cigarettes in Australia

A great post from Nick Bryant's BBC blog a) Discuss the likely success of these policies in reducing the market failure from the consumption of these demerit goods in Australia

Friday, April 08, 2011

Unit 1: Fines to back up regulation

Sky has news of fines for tanning salons that allow children to use their sun beds The BBC has an article a) Why does this law apply to children only? b) To what extent do you believe this legislation will reduce sunbed use by children?

Unit 2: Rising EU interest rates

This BBC clip shows the dilema faced by the European central bank; to raise interest rates or not? a) Why should the european central bank increase interest rates? b)...and why not? c) What policy actions could a government take if they believed this rise in rates to be against the need of their economy?

Thursday, April 07, 2011

Unit 2: The state of the Australian economy

3 stories from the BBC on growth/GDP on inflation/interest rates on falling unemployment and why interest rates may need to rise in the futre a) Comment on the macroeconomic performance of the Australian economy

Wednesday, April 06, 2011

Unit 1: University education; a merit good?

Ch4 have this summary of a new report a) Define a merit good b) To what extent does university education match that definition? c) Does the free market for university education fail ion the economic sense? d) What, if any, actions should the government take in this market?

Unit 1: Organic food; a luxury good?

Economicshelp has this interesting question

Unit 2: BoP data

...from tutor2u

Saturday, April 02, 2011