Unit 1: Rising demand for Chinese beer

....according to the BBC

http://www.bbc.co.uk/news/business-19753836#

a) Why has demand for beer risen in China and Thailand?

Unit 1 and 2: Should governments intervene in markets and the economy?

Nice summary from economicshelp

http://www.economicshelp.org/blog/5735/economics/should-the-government-intervene-in-the-economy/

Unit 2: The purpose of monetary policy

A nice summary from economicshelp

http://www.economicshelp.org/blog/5740/inflation/purpose-of-monetary-policy/

Unit 2: UK balance of payments

A fantastic summary of the topic, including up to date data, from economicshelp

http://www.economicshelp.org/blog/5776/trade/uk-balance-of-payments/

Unit 1: Changing demand for Dominos pizza

This Sky news article is a good example of the role of substitutes in demand

http://news.sky.com/story/989606/dominos-pizza-gets-big-summer-boost

a) Draw 2 demand diagrams to show the changing demand for pizzas; on-line and other methods

Unit 2: UK inflation data and stats

Another thanks to economicshelp

http://www.economicshelp.org/blog/5720/economics/inflation-stats-and-graphs/

Unit 2: UK unemployment data and stats

...thanks to economicshelp

http://www.economicshelp.org/blog/5695/stats/unemployment-stats-and-graphs/

Unit 1: Meat prices to rise

....reports Sky news

http://news.sky.com/story/987059/food-prices-to-soar-after-mass-animal-slaughter

a) Draw a S&D diagram to show the effects  of the drought on animal feed prices
b) Draw a S&D diagram to show the effects of this increase in animal feed prices on the price of pigs
c) Draw a S&D diagram to show the effects of the decision by farmers to slaughter more pigs on the price of pork in the short run
d) Draw a S&D diagram to show the effects of reduction in the number of pigs on farms  on the price of pork in the long run

Unit 1: Negative externalities from whisky production in the USA

Nice story from Aljazeera

http://www.youtube.com/watch?v=L2W_6QJ2S2I

a) What is the negative externality and why is it a negative externality?
b) Comment on the likely success of different approaches to solve the problem and reduce the market failure

Unit 2: Growth rates in selected countries

Thanks to tutoir2u for the word document in this post

http://www.tutor2u.net/blog/index.php/economics/comments/teaching-macro-data-on-real-gdp-growth-rates

Unit 2: Latest UK and EU unemployment data

UK from the BBC

http://www.bbc.co.uk/news/business-19574511#

and EU from economicshelp

http://www.economicshelp.org/blog/1247/economics/european-unemployment/

Unit 2: Latest position of the Australian economy

....isn't that clear, according to this BBC clip

http://www.bbc.co.uk/news/business-19472196#

Unit 1: Should a law be passed to make bars with a violent past srve beer in plastic containers?

.....you might think so having watched this

http://www.bbc.co.uk/news/uk-wales-19484560#

a) Explain how the free market explains in this case
b) Comment on the likelyhood that such a law would reduce the market failure

Unit 1: Banana prices to rise!

Anyone who knows me will understand my concern about this forthcoming hike in banana prices!

http://news.sky.com/story/980166/going-bananas-fruit-price-hike-warning

a) Using a S&D diagram, explain why banana prices are set to rise