Unit 1: Positive and negative externalities from the Kenyan flower industry

Nice clip from the BBC raising many issues regarding Africa growing flowers for Europe


http://www.bbc.co.uk/news/business-29276515#

Unit 1: Demand and supply of loom bands

Thanks to tutor2u for this activity


http://www.tutor2u.net/blog/index.php/economics/comments/loom-bands-a-demand-and-supply-example-and-activity

Unit 1: Negative externalities from converting a mill

A pretty clear case of negative externalities in Hampshire reports the BBC


http://www.bbc.co.uk/news/uk-england-hampshire-29209283#

Unit 1: How do you combat market failure in the food market from excessive sugar?

Some ideas from a BBC clip


http://www.bbc.co.uk/news/health-29221018#

Unit 1: Are London fireworks a public good?

Debatable, according to this tutor2u post


http://www.tutor2u.net/blog/index.php/economics/comments/are-fireworks-in-london-a-public-good?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+economics_news+%28tutor2u+Economics+Blog%29#When:13:20:00Z

Unit 1: The economic problem: Who gets the goods produced

An interesting solution to scarce resources in Venezuela; fingerprinting(!) reports the BBC
http://www.bbc.co.uk/news/world-latin-america-28893383#

Unit 1: Welsh assembly plan to stop smoking in cars

.If you have a child in the car, a £50 fine reports BBC Wales
http://www.bbc.co.uk/news/uk-wales-29169124#

Unit 2: EU unemployment

Thanks to economicshelp for this
http://www.economicshelp.org/blog/1247/economics/european-unemployment-2/

Unit 2: Why is the AD curve downward sloping?

Thanks to economicshelp for this
http://www.economicshelp.org/blog/11437/economics/why-is-the-aggregate-demand-ad-curve-downward-sloping/

Unit 2: Exchange rates

Thanks to economicshelp for this explanation
http://www.economicshelp.org/blog/11422/economics/real-effective-exchange-rate/

Unit 2: The effect of contractionary fiscal policy in Japan

As you would expect, reports Sky
http://news.sky.com/story/1331936/japans-economy-dips-as-new-sales-tax-bites

Unit 2: A more accurate measure of output? Drugs and prostitution boost GDP

So reports Sky


http://news.sky.com/story/1329351/uk-economy-boosted-by-wider-contributions
and the BBC audio http://www.bbc.co.uk/news/business-29042385#

Unit 1: e-cigarettes; are they a case of market failure requiring government intervention?

This appears not be clear cut with a lack of data on this new product market on long term health effects. This BBC clip may start you thinking


http://www.bbc.co.uk/news/uk-england-28983713# and Sky http://news.sky.com/story/1324805/call-for-e-cigarettes-to-be-banned-indoors.
This might alter your views!
http://news.sky.com/story/1330462/report-e-cigarettes-could-save-thousands