Laws may be easy to pass, but enforcement can prove a problem as this clip from the BBC shows
http://www.bbc.co.uk/news/world-europe-25546443#
Tuesday, December 31, 2013
Monday, December 30, 2013
Friday, December 27, 2013
Unit 2: The effect of a rising £
Nicely summarised in this Sky News story
http://news.sky.com/story/1187558/pound-hits-two-year-high-against-dollar
http://news.sky.com/story/1187558/pound-hits-two-year-high-against-dollar
Saturday, December 21, 2013
Unit 1: Action to prevent market failure with payday loans?
That's the proposal to ban payday loan ads from children's TV
http://news.sky.com/story/1185126/ban-payday-loan-ads-on-kids-tv-mps-say
http://news.sky.com/story/1185126/ban-payday-loan-ads-on-kids-tv-mps-say
Wednesday, December 18, 2013
Unit 2: The Sirius scheme: A supply side policy
A small scale supply side policy reported by sky
http://news.sky.com/story/1182890/young-entrepreneurs-set-up-shop-in-Britain
and a BBC audio on the same story
http://www.bbc.co.uk/news/business-25397373#
http://news.sky.com/story/1182890/young-entrepreneurs-set-up-shop-in-Britain
and a BBC audio on the same story
http://www.bbc.co.uk/news/business-25397373#
Sunday, December 15, 2013
UNit 2: Should low inflation be the primary macro objective?
A nice evaluative post from economicshelp
http://www.economicshelp.org/blog/9591/unemployment/low-inflation-objective/
http://www.economicshelp.org/blog/9591/unemployment/low-inflation-objective/
Unit 2: What are the effects of a decrease in interest rates?
A nice evaluative post from economicshelp
http://www.economicshelp.org/blog/3417/interest-rates/effect-of-lower-interest-rates/
http://www.economicshelp.org/blog/3417/interest-rates/effect-of-lower-interest-rates/
Unit 2: Income and spending patterns in the UK
Great data from the ONS via a Guardian article, handy when looking at how weights in CPI/RPI are allocated
http://www.theguardian.com/news/datablog/2013/dec/11/families-spend-489-each-week-on-what
and this interactive one showing changes over time, including, clearly, the effects of the recession
http://www.theguardian.com/news/datablog/interactive/2013/dec/11/family-spending-interactive-how-has-it-changed
http://www.theguardian.com/news/datablog/2013/dec/11/families-spend-489-each-week-on-what
and this interactive one showing changes over time, including, clearly, the effects of the recession
http://www.theguardian.com/news/datablog/interactive/2013/dec/11/family-spending-interactive-how-has-it-changed
Unit 1: Information failure in the fruit and veg market
An amazing story from Tesco. When I read it, I wondered if it was April Fools day!
http://news.sky.com/story/1180717/tesco-blames-customers-for-fruit-and-veg-waste
http://news.sky.com/story/1180717/tesco-blames-customers-for-fruit-and-veg-waste
Monday, December 09, 2013
Unit 2: Shanghai's pollution; a cost of economic growth
Great clip from the BBC
http://www.bbc.co.uk/news/world-asia-china-25288170#
It's a pity such examples are now so common
http://www.bbc.co.uk/news/world-asia-china-25288170#
It's a pity such examples are now so common
Friday, December 06, 2013
Unit 1: Allocative efficiency: Bye-bye Blockbuster
Changing consumer methods of watching films sees the end of Blockbuster on the High Street
http://news.sky.com/story/1177984/blockbuster-to-shut-with-1200-job-losses
http://news.sky.com/story/1177984/blockbuster-to-shut-with-1200-job-losses
Wednesday, December 04, 2013
Unit 2: Comparative UK macro data
Thanks to Sky's Ed Conway for this comparative tool
http://news.sky.com/story/1177750/conways-console-the-recovery-where-you-live
http://news.sky.com/story/1177750/conways-console-the-recovery-where-you-live
Sunday, December 01, 2013
Unit 1: Glossary
Thanks to tutor2u for this, but for my students, DONT TREAT THIS AS GOSPEL as it's not OCR specific
https://www.slideshare.net/tutor2u/unit-1-economics-markets-revision-glossary
https://www.slideshare.net/tutor2u/unit-1-economics-markets-revision-glossary
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