....according to this clip from the BBC
http://www.bbc.co.uk/news/uk-17204558
a) Using the list of the determinants of demand, explain the increase in demand for nail bars
Wednesday, February 29, 2012
Tuesday, February 28, 2012
Unit 2: Emigration: a cost of unemployment
....has returned to Ireland with a vengance according to Aljazeera
http://www.youtube.com/watch?v=LLksP0pDPsI
http://www.youtube.com/watch?v=LLksP0pDPsI
Unit 1: Changing demand for biscuits
.....according to the BBC
http://www.bbc.co.uk/news/uk-17188227
a) Using demand diagrams and the list of determinants of demand, explain the changing demand for biscuits in the UK
http://www.bbc.co.uk/news/uk-17188227
a) Using demand diagrams and the list of determinants of demand, explain the changing demand for biscuits in the UK
Unit 1: Negative externalities on the Neath Road, Swansea
......according to the BBC
http://www.bbc.co.uk/news/uk-wales-17177021
a) What are the negative externalities experienced on the road and by who?
b) What actions have already been taken to reduce the negative externalities and how successful have they been?
c) Assess the likely success of the new proposals
http://www.bbc.co.uk/news/uk-wales-17177021
a) What are the negative externalities experienced on the road and by who?
b) What actions have already been taken to reduce the negative externalities and how successful have they been?
c) Assess the likely success of the new proposals
Monday, February 27, 2012
Unit 1: Wage rates in the UK
Great data from tutor2u
http://www.tutor2u.net/blog/index.php/economics/comments/unit-1-micro-highest-and-lowest-paid-jobs-in-the-uk
a) Using S&D analysis, explain the difference in these wage rates
http://www.tutor2u.net/blog/index.php/economics/comments/unit-1-micro-highest-and-lowest-paid-jobs-in-the-uk
a) Using S&D analysis, explain the difference in these wage rates
Sunday, February 26, 2012
Unit 1: Evaluating a government measure on alcohol
Great video from the BBC evaluating the likey success of the "no selling alcohol at below cost price" measure due to be introduced soon
http://www.bbc.co.uk/news/health-17137361 video
http://www.bbc.co.uk/news/uk-england-tyne-17131232 article
http://www.bbc.co.uk/news/health-17137361 video
http://www.bbc.co.uk/news/uk-england-tyne-17131232 article
Thursday, February 23, 2012
Unit 2: Macro videos from the ONS: Youth unemployment
Thanks for tutor2u for pointing me in the direction of the ONS video channel
This is really good on youth unemployment
http://www.youtube.com/user/onsstats#p/u/0/snSlT_3DUq4
a) How much of a problem is youth unemployment in the UK?
This is really good on youth unemployment
http://www.youtube.com/user/onsstats#p/u/0/snSlT_3DUq4
a) How much of a problem is youth unemployment in the UK?
Tuesday, February 21, 2012
Unit 1: Evaluating alternative policies to reduce the negative externalities from alcohol
Two excellent posts from tutor2u, the first with 10 posible solutions to evaluate and the second with some moreinformation on actions already tried
http://www.tutor2u.net/blog/index.php/economics/comments/10-solutions-to-binge-drinking
which appears to be a summary of theis BBC article
http://www.bbc.co.uk/news/magazine-16466646 and then
http://www.tutor2u.net/blog/index.php/economics/comments/drink-drink-more-drink1
http://www.tutor2u.net/blog/index.php/economics/comments/10-solutions-to-binge-drinking
which appears to be a summary of theis BBC article
http://www.bbc.co.uk/news/magazine-16466646 and then
http://www.tutor2u.net/blog/index.php/economics/comments/drink-drink-more-drink1
Monday, February 20, 2012
Unit 2: Japan's current account defecit
.......as got worse says
http://www.bbc.co.uk/news/business-17093255 the BBC
http://www.aljazeera.com/news/asia-pacific/2012/02/20122204728418987.html Aljazeera
a) Using the "evaluation " criteria we have gone through, comment on how much of a problem this deficit is for Japan
http://www.bbc.co.uk/news/business-17093255 the BBC
http://www.aljazeera.com/news/asia-pacific/2012/02/20122204728418987.html Aljazeera
a) Using the "evaluation " criteria we have gone through, comment on how much of a problem this deficit is for Japan
Saturday, February 18, 2012
Sunday, February 12, 2012
Unit 1: Negative externalities from gold mining in Nigeria
From the BBC
http://www.bbc.co.uk/news/world-africa-16938914
a) State the negative externality and explain why it is a negative externality
b) What actions could the government take to reduce the negative externalities
c) How successful are such policies likely to be?
http://www.bbc.co.uk/news/world-africa-16938914
a) State the negative externality and explain why it is a negative externality
b) What actions could the government take to reduce the negative externalities
c) How successful are such policies likely to be?
Unit 2: Is quantitative easing working?
An interesting argument from Ch4
http://www.youtube.com/watch?v=Z3IIcdCV2Xo&feature=player_embedded#!
http://www.youtube.com/watch?v=Z3IIcdCV2Xo&feature=player_embedded#!
Unit 1: Public goods videos
Thanks to tutor2u for these links to video clips illustrating public goods
http://www.tutor2u.net/blog/index.php/economics/comments/unit-1-micro-public-goods-news-clips
http://www.tutor2u.net/blog/index.php/economics/comments/unit-1-micro-public-goods-news-clips
Friday, February 10, 2012
Monday, February 06, 2012
Unit 1: Will the EU tradable permit scheme work?
Not if Countries refuse to participate as in the case of China, according to the BBC
http://www.bbc.co.uk/news/business-16901106
and a wider summary of the issue from tutor2u
http://www.tutor2u.net/blog/index.php/economics/comments/china-bans-its-airlines-from-paying-eu-carbon-tax
a) What actions could the EU take to ensure that all airlines participate in the scheme, and how likely are they to take such actions?
http://www.bbc.co.uk/news/business-16901106
and a wider summary of the issue from tutor2u
http://www.tutor2u.net/blog/index.php/economics/comments/china-bans-its-airlines-from-paying-eu-carbon-tax
a) What actions could the EU take to ensure that all airlines participate in the scheme, and how likely are they to take such actions?
Sunday, February 05, 2012
Unit 1: Should we tax carbon?
Great collection of videos from tutor2u on the topic
http://www.tutor2u.net/blog/index.php/economics/comments/unit-3-micro-video-resources-on-carbon-taxation
a) Using a diagram, explain how a tax on carbon would reduce the market failure
b) Using information from the video and what we've covered in the lesson, comment on how likely such a tax is likely to be in reducing the market failure
http://www.tutor2u.net/blog/index.php/economics/comments/unit-3-micro-video-resources-on-carbon-taxation
a) Using a diagram, explain how a tax on carbon would reduce the market failure
b) Using information from the video and what we've covered in the lesson, comment on how likely such a tax is likely to be in reducing the market failure
Unit 1: Is there information failure in the alcohol market?
The government evidently believes so as it launches this new public information campaign
http://www.bbc.co.uk/news/uk-16893933 video
http://www.bbc.co.uk/news/health-16869618 article
http://www.bbc.co.uk/news/uk-16893933 video
http://www.bbc.co.uk/news/health-16869618 article
Saturday, February 04, 2012
Unit 2: Investment: RR opens a new manufacturing plant in Singapore
Nice clip from the BBC showing what investment actually is
http://www.bbc.co.uk/news/business-16865720
a) What effect would this investment have on UK GDP?
http://www.bbc.co.uk/news/business-16865720
a) What effect would this investment have on UK GDP?
Friday, February 03, 2012
Unit 2: Comparing China and the USA: Data
Thanks to tutor2u for pointing me to this
http://www.mint.com/blog/trends/u-s-a-vs-china-122011/?display=wide
a) Giving resons, explain which country you would rather live in for the next 20 years
http://www.mint.com/blog/trends/u-s-a-vs-china-122011/?display=wide
a) Giving resons, explain which country you would rather live in for the next 20 years
Wednesday, February 01, 2012
Unit 1: Actions to reduce market failure in the cigarette Market: Vending machine ban
It's coming in to force in Wales reports the BBC
http://www.bbc.co.uk/news/uk-wales-politics-16813794
a) To what extent do you believe this piece of legislation will reduce the market failure in the cigarette market?
http://www.bbc.co.uk/news/uk-wales-politics-16813794
a) To what extent do you believe this piece of legislation will reduce the market failure in the cigarette market?
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