Unit 2: How "good" is the recent UK economic growth?

One of the evaluative points when discussing this question would be "how have the gains from growth been distributed?"
This post from Ch4 is illuminating

http://www.channel4.com/news/london-north-south-divide-cities

..and this compares London against Sheffield

http://www.bbc.co.uk/news/uk-25921563#

Unit 2 : Macro data: Jan 2014

There is a link in this tutor2u post to updated charts

http://www.tutor2u.net/blog/index.php/economics/comments/uk-economic-recovery-gathers-momentum?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+economics_news+%28tutor2u+Economics+Blog%29#When:10:24:25Z

Unit 2: GDP grows at its fatest rate since the recession

....reports Sky

http://news.sky.com/story/1202205/economy-grows-at-fastest-rate-since-crash

and in the USA as well

http://news.sky.com/story/1203775/us-growth-hits-3-2-percent-in-last-quarter-of-2013

Why has Japan got a trade deficit?

Great clip from the BBC

http://www.bbc.co.uk/news/business-25910973#

Unit 1: The first controls on the e-cigarette market

Under 18's are to be banned from buying them reports the BBC

http://www.bbc.co.uk/news/uk-25901267# video

http://www.bbc.co.uk/news/uk-25900542# article

Unit 2: Jan 2014: Falling unemployment

Good news from the latest data

http://www.bbc.co.uk/news/business-25842807#

Unit 1: Should government intervene in the market?

You would think so if there are negative externalities like.....death!

http://www.bbc.co.uk/news/health-25839297#

Unit 2: Unemployment data charts

Thanks to tutor2u

http://www.tutor2u.net/blog/index.php/economics/comments/6-charts-on-uk-unemployment-and-the-labour-market

Unit 2: A minimum wage history

....from the Guardian. Particularly interesting is the graph showing the change in the minimum wage adjusted for inflation

http://www.theguardian.com/news/datablog/2013/oct/01/uk-minimum-wage-history-in-numbers

Unit 2: Rising and falling prices within the CPI

This is from the states, but clearly shows how the CPI measures AVERAGE price changes

http://www.npr.org/blogs/money/2014/01/14/262500020/expensive-bacon-cheap-tvs-and-other-price-trends-from-2013?ft=1&f=93559255

Unit 1: How to tackle the problem of obesity

Interesting clip from the BBC

http://www.bbc.co.uk/news/health-25720618#

Unit 1: The effect of anti smoking legislation/taxation on US smoking over 50 years

Great clip showing how effective government intervention can be in reducing market failure

http://www.youtube.com/watch?v=j1cSywnzmpo

Unit2: Inequity in income and wealth in the USA

Great data in this clip from Aljazeera

http://www.youtube.com/watch?v=G2uefdapfUM

Unit 2: European macro data: Eurostat link

http://epp.eurostat.ec.europa.eu/portal/page/portal/eurostat/home/

Unit 2: Wealth distribution in Scotland

An amazing statistic from BBC Scotland

http://www.bbc.co.uk/news/uk-scotland-25650876#

Unit 1: Information failure: Tanning injections

Is this a market which suffers from market failure and so requires greater government intervention?

http://www.bbc.co.uk/news/uk-england-25560426#

Unit 1: Information failure: Added sugar in food

Interesting clip from the BBC

http://www.bbc.co.uk/news/health-25673751#

Unit 2: Macro date Jan 2014

Thanks to economicshelp

http://www.economicshelp.org/blog/9692/economics/uk-economy-2014/

Unit 2: Evaluation of unemployment: By ethnicirty

Fantastic interactive resource from the Guardian

http://www.theguardian.com/news/datablog/2014/jan/08/rising-unemployment-for-uk-ethnic-minorities-race-whos-affected

Unit 2: Pollution in China: A cost of economic growth

Thanks to Aljazeera for this

http://www.youtube.com/watch?v=ZLmL1vhOZss

and this

http://www.youtube.com/watch?v=rog0Kk8DjDw

.....and the BBC

http://www.bbc.co.uk/news/world-asia-china-25643193#

Unit 1 Budget deficits; the current position

Nice clip from the BBC

http://www.bbc.co.uk/news/business-25632131#

Unit 2: The multiplier effect of Australian mining

As explained in this Aljazeera video

http://www.youtube.com/watch?v=sRlHJqS5Bmw

Unit 2: The costs of economic growth: Obesity

As reported by Aljazeera

http://www.youtube.com/watch?v=7YpFk9nwGAk

Unit 1: Capturing cow's burps and the resulting positive externalities

Not your usual story, but if this process is adopted widely, there won't only be private benefits to the farmers (ie nearly free energy), but also a positive externality as the rest of society will benefit from lower global warming

http://www.bbc.co.uk/news/science-environment-25264045#

Unit 1: Information failure: How much sugar in a bottle of coke?

Do you know how may calories you consume when you drink a Coke? This Newsnight clip may be illuminating if you have no idea

http://www.youtube.com/watch?v=ugFock3p2xE

Unit 1: Legal highs: The difficulty of enforcing legislation/regulation

The problem is shown clearly by Aljazeera

http://link.brightcove.com/services/player/bcpid1659202292001?bckey=AQ~~,AAAAmtVJIFk~,TVGOQ5ZTwJbsT0Mq3k9H8GCa4jV3vL4M&bctid=3008780245001

Unit 1: Mining: A capital intensive industry

Nice clip from Aljazeera

http://bcove.me/7crh93gv

Unit 2: Happy Birthday GDP

....reports this BBC video

http://www.bbc.co.uk/news/business-25587089#

Unit 1: Ireland has more "land" as they find gold!

....reports the BBC

http://www.bbc.co.uk/news/business-25558554#

Unit 1: New year, new laws/regulations

The New Year has seen a raft of new legislation/regulation around the world as reported in the Guardian

http://www.theguardian.com/law/2013/dec/31/new-year-new-rules-changes-2014

Look at the laws introduced in each country and ask yourself
a) Is there a market failure this law is setting out to correct?
b) If so, evaluate the likely success of the legislation in reducing the market failure

Unit 2: The cost of youth unemployment

Sky news has this depressing report from the Prince's Trust

http://news.sky.com/story/1189394/jobless-youngsters-have-nothing-to-live-for

...and the BBC

http://www.bbc.co.uk/news/uk-scotland-25575182#

Unit 1: New regulations re food waste recycling in Scotland

....reports the BBC

http://www.bbc.co.uk/news/uk-25566307#

Unit 1: Allocative efficiency in music distribution

More changes in the way music is produced, reports sky

http://news.sky.com/story/1189076/online-music-streaming-doubles-in-uk-in-2013

Unit 2: The Tour de France in the UK and the resulting multiplier effect

Who knows how large it will be, but Sky news reports the nice round figure of £100m.....ie they have just picked a random number!

http://news.sky.com/story/1189274/tour-de-france-lending-boost-for-Yorkshire

More from the BBC

http://www.bbc.co.uk/news/business-23260441
http://www.bbc.co.uk/sport/0/cycling/21888502