Unit 2: Comparative inflation data Jan 2012

....fron anforme

http://www.anforme.co.uk/blog/?p=2496

Unit 1: Why regulate a free market?

This BBC clip suggests why the vodka market needs regulating

http://www.bbc.co.uk/news/uk-england-16760295

Unit 2: The problems of youth unemployment

...as seen in the UK and Australia (thanks to tutor2u for the links to Al Jazeera)

http://www.youtube.com/watch?v=Roaeu6MO43w&feature=player_embedded UK
http://www.youtube.com/watch?v=xrE-MTzPJOA&feature=player_embedded Australia

and a report from the BBC at Davos on the issue

http://www.bbc.co.uk/news/business-16774301

Unit 2: Spain's unemployment up to 22,8%

....and it's much worse if you're below 25 reports the BBC

http://www.bbc.co.uk/news/world-16754600

Unit 2: GDP falls in the last quarter of 2001

Key info from Sky, including a video explaining what GDP is half way down the page in case you've forgotten!

http://news.sky.com/home/business/article/16156088 Sky video
http://www.bbc.co.uk/news/business-16715080 BBC article
http://www.channel4.com/news/recession-fears-as-economy-shrinks Ch4 article
http://www.channel4.com/news/why-is-britains-economy-shrinking Ch4 article

a) What is the cause of the fall in UK GDP?
b) What implications will this fall have for the UK economy?

Unit 2 Japan records its first trade deficit in 30 years

...reports

http://news.sky.com/home/business/article/16156286 Sky
http://www.bbc.co.uk/news/business-16712816 BBC

a) Comment on whether this deficit represents a problem for the Japanese economy

Unit 1: how good is legislation at reducing negative externalities?

You decide

http://www.bbc.co.uk/news/uk-england-birmingham-16682596

a) What is the negative externality in the clip?
b) Why is it a negative externality?c0 Use a diagram to explain how the market fails with this externality
d) Using information from the clip, discuss the extent to which legislation is effective in reducing the negative externality

Unit : Supply side policies: The importance of apprenticeships

...according to Nick Clegg on a visit to Cambridge (Thanks to CEN for the video)

http://www.cambridge-news.co.uk/Home/Deputy-Prime-Minister-gets-a-taste-for-bricklaying-19012012.htm

Unit 2: What is expansionary monetary polkicy, and will it boost growth?

A great, evaluative summary from economicshelp

http://www.economicshelp.org/blog/4886/monetary-policy/expansionary-monetary-policy/

Unit 1: Should solar energy be subsidised?

Lots to think about in this presentation from tutor2u

http://www.tutor2u.net/blog/index.php/economics/comments/unit-3-micro-the-economics-of-solar-subsidies

a) Given the information, discuss whether subsidising solar energy is a good use og government finance

Unit 1: Information failure with processed meats?

Thanks to tutor2u for these links

http://www.bbc.co.uk/news/health-16526695 BBC article
http://www.youtube.com/watch?v=jDKHlh_egRE&feature=player_embedded Al Jazeera video

a) To what extent do you believe there is information failure in the processed meat market?
b) What actions could the government take to reduce this market failure?
c) To what extent do you believe such measures would lead to a reduction in the market failure?

Unit 2: What does the inflation figure mean?

Well, it hides a large variety of different price movements as shown by this BBC article

http://www.bbc.co.uk/news/business-16535721

Unit 2: Interest rate data

All the graphs you could want from economicshelp

http://feeds.feedburner.com/EconomicsBlog?format=xml

Unit 2: Unemployment to a 17 year high

....reports

http://news.sky.com/home/uk-news/article/16151331 Sky video
http://blogs.channel4.com/faisal-islam-on-economics/britain-will-have-to-buck-history-to-stop-unemployment-spiking-above-10-per-cent/15950 Ch4 video
http://www.bbc.co.uk/news/business-16608394 BBC article and graph

But remember the national picture will be an average; things look better in Cambridge

http://www.cambridge-news.co.uk/Cambridge/Unemployment-falls-in-Cambridge-bucking-national-trend-19012012.htm CEN

Unit 2: Inequality data for US and UK

....from the BBC

http://www.bbc.co.uk/news/business-16545898

Unit 1/2: Productivity/Specialisation videos

Some great videos from tutor2u

http://www.tutor2u.net/blog/index.php/economics/comments/unit-2-macro-videos-on-productivity?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+economics_news+%28tutor2u+Economics+Blog%29#When:08:46:56Z

Unit 2: What influences the level of consumption?

Watch this BBC vox pop

http://www.bbc.co.uk/news/business-16525438

a) So what influences Consumtion spending?

Unit 2: Crossrail; an example og Government spending

Fantastic clip from the BBC

http://www.bbc.co.uk/news/uk-16289051

Unit 1: Exercise on information failure/smoking

Thanks to Richard Young for this

http://bizeconict.co.uk/?p=356 questions and data
http://www.medicalnewstoday.com/articles/239800.php report

Unit 1: Negative externalities of closing a landfill site

Great clip from the BBC

http://www.bbc.co.uk/news/world-latin-america-16496212

a) Explain the negative externalities likely to result from this closure
b) Discuss alternative strategies open to the Mexican gGovernment to reduce the market failure

Unit 2: GDP v GDP per capita

As brazil overtakes the UK to rank as the 6th largest economy in the world, it's not the same story when you look at GDP per capita

http://www.tutor2u.net/blog/index.php/economics/comments/unit-2-macro-brazil-overtakes-uk-in-economic-size?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+economics_news+%28tutor2u+Economics+Blog%29#When:09:36:59Z

a) Explain why not

Unit 2: HS2: An example of government expenditure with a multiplier effect?

The biggest single construction project for years according to the BBC

http://www.bbc.co.uk/news/uk-16482412 video

....with a multiplier effect, says this article

http://www.bbc.co.uk/news/business-16467903

a) What is the size of the multiplier efect suggested by the article?
b) Explain how this multilier effect will come about

Unit 2: What determines the level of Investment?

This tutor2u article more than likely goes too far for OCR AS, but I like it!

http://www.tutor2u.net/blog/index.php/economics/comments/unit-2-macro-factors-driving-business-investment

Unit 2: The role of consumer confidence on Consumption

Thanks to tutor2u for this clear explanation

http://www.tutor2u.net/blog/index.php/economics/comments/hopes-and-fears-2012?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+economics_news+%28tutor2u+Economics+Blog%29#When:07:32:19Z

Unit 1: Natural disasters and their effect on economies

Thanks to tuto2u for pointing out this resource

http://www.youtube.com/watch?v=Skz0Rgchm6g&feature=player_embedded#!

a) Using a PPC diagram and words, explain the effect on the Japanese economy of the earthquake/tsunami/nuclear plant shutdown

Unit 2: Who do we trade with?

Great data from the Guardian

http://www.guardian.co.uk/news/datablog/2010/feb/24/uk-trade-exports-imports

Unit 2: What's the limitation of GDP per capita?

Planet money explains all

http://www.npr.org/blogs/money/2012/01/10/144914762/why-gdp-per-capita-can-start-a-bar-fight?ft=1&f=93559255

Unit 1: High speed rail and externalities

HS2 has been given the go-ahead, but not everyone is happy

http://news.sky.com/home/politics/article/16145716 Sky

a) What are the positive and negative externalities associated with the project?

Unit 1: Negative externalities from metal theft

Thanks to tutor2u for this

http://www.youtube.com/watch?feature=player_embedded&v=MDfoX6E4IeU#!

a) What are the negative externalities from metal theft, and why are they negative externalities?

Unit 1: Externalities revision

A brilliant tutor2u resource, full of theory and video examples. It goes a bit further than the OCR syllabus needs and I have labelled the diagrams differently, b ut if you want a real, in depth analysis, this is great

http://www.tutor2u.net/blog/index.php/economics/comments/unit-1-micro-prezi-on-the-economics-of-negative-externalities?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+economics_news+%28tutor2u+Economics+Blog%29#When:01:42:13Z