Great summary from tutor2u with all the latest data
http://www.tutor2u.net/blog/index.php/economics/comments/unit-2-macro-the-uk-current-account-deficit
Monday, March 31, 2014
Wednesday, March 26, 2014
Unit 1: Evaluating the efffect of a tax cut
It depends on whether the tax cut is passed on to consumers, or added to the profits of the producers. The BBC reports on the "penny off a pint" budget cut
http://www.bbc.co.uk/news/26717974#
http://www.bbc.co.uk/news/26717974#
Unit 2: Policies to reduce unemployment in Greece
A post full of information and evaluation from economicshelp
http://www.economicshelp.org/blog/10284/economics/policies-reduce-unemployment-greece/
http://www.economicshelp.org/blog/10284/economics/policies-reduce-unemployment-greece/
Unit 1: Supply and demand and food prices
Nice article and clip from Sky; ideal for drawing S&D diagrams for
http://news.sky.com/story/1231300/supermarket-and-restaurant-bills-set-to-soar
http://news.sky.com/story/1231300/supermarket-and-restaurant-bills-set-to-soar
Sunday, March 23, 2014
Unit 2: The effect of low interest rates
Thanks to the Guardian; great for evaluation as it explains the winners and losers
http://www.theguardian.com/business/2014/mar/02/interest-rates-five-years-rock-bottom
http://www.theguardian.com/business/2014/mar/02/interest-rates-five-years-rock-bottom
Unit 1: Legislation to reduce pollution in Paris
Evaluate how likely this policy is likely to be in reducing air pollution in Paris, especially in the long term
http://www.bbc.co.uk/news/world-europe-26608086#
http://www.bbc.co.uk/news/world-europe-26608086#
Unit 2: Evaluating the efffects of low interest rates on the UK economy
I like this summary by a Year 12 student(!) on the tutor2u blog
http://www.tutor2u.net/blog/index.php/economics/comments/unit-2-macro-has-5-years-of-low-interest-rates-helped-the-uk-economy?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+economics_news+%28tutor2u+Economics+Blog%29#When:11:06:02Z
http://www.tutor2u.net/blog/index.php/economics/comments/unit-2-macro-has-5-years-of-low-interest-rates-helped-the-uk-economy?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+economics_news+%28tutor2u+Economics+Blog%29#When:11:06:02Z
Unit 2: Government income and spending 2014/15
Thanks to the Guardian for this visualisation
http://www.theguardian.com/news/datablog/2014/mar/21/budget-2014-tax-spending-visualised
http://www.theguardian.com/news/datablog/2014/mar/21/budget-2014-tax-spending-visualised
Thursday, March 20, 2014
Unit 2: What are the causes and effects of a depreciation?
Nice post from economicshelp regarding the depreciation of the rupee
http://www.economicshelp.org/blog/10251/currency/devaluation-indian-rupee/
http://www.economicshelp.org/blog/10251/currency/devaluation-indian-rupee/
Unit 1: Information failure: Saturated fat
So, I thought the position on saturated and unsaturated fats was clear, but this BBC report makes me think I may have been suffering from information failure...........or was I? Further research will no doubt make the picture clearer
http://www.bbc.co.uk/news/health-26624473#
http://www.bbc.co.uk/news/health-26624473#
Saturday, March 15, 2014
Unit 2: How "good" is Britain's economic growth?
A good clip for developing evaluative comments for the BBC
http://www.bbc.co.uk/news/business-26537713#
http://www.bbc.co.uk/news/business-26537713#
Friday, March 14, 2014
Sunday, March 09, 2014
Unit 1: The falling price of milk
How can this possibly be? Either because the supermarkets are willing to cut the profit they make (show this on a S&D diagram), or because it's part of a cross elasticity strategy (explain the strategy)
http://www.bbc.co.uk/news/business-26491215#
http://www.bbc.co.uk/news/business-26491215#
Unit 2: Has our standard of living gone up even as real gdp per capita has fallen?
Quite possibly, according to this really interesting post from tutor2u (based on a Telegraph article)
http://www.tutor2u.net/blog/index.php/economics/comments/life-is-better-now-despite-the-crisis?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+economics_news+%28tutor2u+Economics+Blog%29#When:16:52:20Z
http://www.tutor2u.net/blog/index.php/economics/comments/life-is-better-now-despite-the-crisis?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+economics_news+%28tutor2u+Economics+Blog%29#When:16:52:20Z
Friday, March 07, 2014
Sunday, March 02, 2014
Saturday, March 01, 2014
Unit 2: Why China's current growth model may be unsustainable
In a few words: Negative externalities; smog that is shortening the life of city residents and reducing their standard of living
http://www.bbc.co.uk/news/world-asia-china-26339668#
and http://www.bbc.co.uk/news/uk-26363067#
http://www.bbc.co.uk/news/world-asia-china-26339668#
and http://www.bbc.co.uk/news/uk-26363067#
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