Monday, August 31, 2015

The derived demand for labour: Pilots in China

Nice example of the scale of the increase in derived demand for pilots

http://link.brightcove.com/services/player/bcpid1659202292001?bckey=AQ~~,AAAAmtVJIFk~,TVGOQ5ZTwJbsT0Mq3k9H8GCa4jV3vL4M&bctid=3925344337001

The effect of migration on the labour market

Nice clip from ITV summarising the issues in this tutor2u post

http://beta.tutor2u.net/economics/blog/huge-rise-in-net-inward-migration-into-the-uk

Sunday, August 23, 2015

Supply and demand: The rising price of Indonesian beef

Nice clip from the BBC

http://www.bbc.co.uk/news/business-33955802

Wednesday, August 19, 2015

Opportunity cost numerical examples

Thanks to tutor2u for this

http://s3-eu-west-1.amazonaws.com/tutor2u-media/library/Opportunity-Cost-examples.pdf?mtime=20150811113401





Wednesday, August 12, 2015

Concentration ratio activity

Thanks to tutor2u
http://beta.tutor2u.net/economics/blog/concentration-ratio-pyramid-a-classroom-activity

The effect of increasing VAT in Greece

Nice clip from the BBC
http://www.bbc.co.uk/news/world-europe-33590434

Why is British productivity low?

Interesting clips from the BBC
http://www.bbc.co.uk/news/business-33347300 and http://www.bbc.co.uk/news/business-33433358

Should government regulate high energy foods?

A thought provoking article from George Monbiot in The Guardian
http://www.theguardian.com/commentisfree/2015/aug/11/obesity-incurable-disease-cameron-punishing-sufferers

Costs: Why is Tesla still in Business if it's losing $4,000 for every car it sells?

Interesting! Think fixed and variable costs when reading this Sky news story
http://news.sky.com/story/1533301/tesla-losing-4000-for-every-vehicle-sold

Horizontal integration in the betting industry

....reports Sky
http://news.sky.com/story/1524609/ladbrokes-and-coral-agree-2-3bn-merger

Falling milk prices

Nice summary from tutor2u
http://beta.tutor2u.net/economics/blog/economics-of-falling-milk-prices

China devalues its currency

Why? What happens? A nice collection from tutor2u
http://beta.tutor2u.net/economics/blog/china-devalues-their-currency
and the BBC
http://www.bbc.co.uk/news/business-33868312 and http://www.bbc.co.uk/news/world-europe-33590434

Macroeconomic data from the FT

Thanks to tutor2u for sharing this
http://ig.ft.com/sites/uk/economic-dashboard/#inflation

Is China's growth sustainable?

Open to question, according to the BBC
http://www.bbc.co.uk/news/world-asia-china-33546231

Should we tax sugary drinks?

The BMA seems to think so reports tutor2u
http://beta.tutor2u.net/economics/blog/doctors-call-for-a-20-tax-of-sugary-foods-and-drinks
and sky news
http://news.sky.com/story/1517824/doctors-demand-a-20-percent-tax-on-sugary-drinks
and the BBC
http://www.bbc.co.uk/news/health-33509545

Why Uber prices surge during a tube strike

Thanks to tutor2u


http://beta.tutor2u.net/economics/blog/uber-surge-pricing-and-the-tube-strike