Unit 2: Compulsory work/activities for the unemployed: A supply side policy?

The BBC reports the latest Conservative party thinking

http://www.bbc.co.uk/news/uk-24333069#

Unit 1: It's easy to pass legislation like the minimum wage.....

........ but how easy are they to enforce? Without enforcement, the market failure continues, reports the BBC

http://www.bbc.co.uk/news/uk-england-24231924#

Unit 1: How to reduce the negative externalities from alcolol

Herr's a voluntary scheme in Ipswich

Should the government pass similar legislation?

http://www.bbc.co.uk/news/uk-england-suffolk-24280098#

Unit 1: Falling petrol prices

....reports Sky, but should they be coming down by more?

http://news.sky.com/story/1146793/petrol-prices-phoney-war-is-over-says-aa

Unit 1: Falling demand for holidays in Egypt

......reports Sky news

http://news.sky.com/story/1146682/egypt-turmoil-holiday-demand-slumps

Unit 1: Pros and cons of freezing gas prices

Nice clip from the BBC

http://www.bbc.co.uk/news/business-24276762#

Unit 2: GDP and economic growth powerpoint

....thanks to tutor2U

http://www.tutor2u.net/blog/index.php/economics/comments/revision-presentation-gdp-as-a-measure-of-economic-growth-and-standard-of-l?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+economics_news+%28tutor2u+Economics+Blog%29#When:20:43:40Z

Unit 2: India raises the tariff on imported gold

....reports the BBC

http://www.bbc.co.uk/news/business-24140325#

Unit 1: China subsidises electric cars

....reports the BBC

http://www.bbc.co.uk/news/business-24140329#

Unit 1: Rising used car prices

....reports the BBC

http://www.bbc.co.uk/news/business-24140995#

Unit 1: The external cost of alcohol: The man who has visited A&E 263 times!

Informative clip from the BBC

http://www.bbc.co.uk/news/health-24105248#

Unit 1: Changes at Currys

Is this revamp an example of allocative efficiency in the economy?

http://www.bbc.co.uk/news/business-24090230#

Unit 1: Giant turbines; productive efficiency in action

Great example from the BBC

http://www.bbc.co.uk/news/uk-england-essex-24078588#

Unit 2: Greek unemployment

A nice summary of the depressing position in Greece from tutor2u

http://www.tutor2u.net/blog/index.php/economics/comments/unit-2-macro-greek-unemployment-reaches-28

Unit 2: The circular flow of income

Nice powerpoint from tutor2u that builds the model step by step

http://www.tutor2u.net/blog/index.php/economics/comments/revision-presentation-building-the-circular-flow-of-income-spending?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+economics_news+%28tutor2u+Economics+Blog%29#When:18:26:22Z

Unit 1: Privatisations in the UK

A nice time line from the Guardian

http://www.theguardian.com/news/datablog/interactive/2013/sep/12/biggest-sell-offs-in-uk-privatisation-timeline

Unit 1: Charging for plastic bags

If you believe that free plastic bags lead to negative externalities, then this initiative by the UK government to allow England to follow Wales makes sense

http://news.sky.com/story/1141528/plastic-bags-shoppers-to-be-charged-5p Sky
http://www.bbc.co.uk/news/uk-24090133# BBC

a) What other approach could the government take to reduce the negative externality problem?

Unit 1: The economic problem: Heart surgery in Wales

This BBC clip shows scarce resources and unlimited wants

http://www.bbc.co.uk/news/uk-wales-23996475#

Unit 1: Negative externalities from refining tar sands

Nice clip from Aljazeera

http://bcove.me/ify8jocs

Unit 1: Negative externalities from the "Walkie Talkie" in London

Damage to cars? Hot spots on the pavement? Burns to people? Strange but true

http://www.bbc.co.uk/news/magazine-23944679 BBC
http://www.bbc.co.uk/news/uk-england-london-23941325 BBC
http://news.sky.com/story/1136349/walkie-talkie-skyscraper-beam-melts-cars Sky

Unit 1: India to subsidise grain

....reports the BBC

http://www.bbc.co.uk/news/world-asia-india-23845386#