Sunday, February 28, 2016

BT, Openreach, Broadband, Monopoly power and regulation

Thanks to tutor2u for this
http://www.tutor2u.net/economics/blog/bt-openreach-broadband-monopoly-power-and-regulation?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Sat%2027th%20February%202016&utm_content=Economics%20daily%20digest%20Sat%2027th%20February%202016+CID_06c5ecc2f256646bb2d994aff8d13783&utm_source=CampMonitor&utm_term=BT%20Openreach%20Broadband%20Monopoly%20power%20and%20regulation%20Yesterday%20the%20Communications%20regulator%20Ofcom%20told%20BT%20that%20they%20have%20to%20allow%20competitors%20to%20use%20their%20telegraph%20poles%20and%20cable%20ducts%20more%20easily%20than%20they%20currently%20do%20in%20order%20to

Game theory: EU negotiations

Thanks to tutor2u for this
http://www.tutor2u.net/economics/blog/game-theory-and-camerons-eu-deal?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Sat%2027th%20February%202016&utm_content=Economics%20daily%20digest%20Sat%2027th%20February%202016+CID_06c5ecc2f256646bb2d994aff8d13783&utm_source=CampMonitor&utm_term=Game%20Theory%20and%20Camerons%20EU%20Deal%20The%20Brussels%20deal%20would%20Cameron%20have%20done%20better%20if%20he%20had%20gone%20to%20Cambridge

Thursday, February 18, 2016

Subsidies: A drawback

The cost to the government/taxpayers. This is an extreme example from Venezuela
http://video.aljazeera.com/channels/eng/videos/venezuela-hikes-petrol-prices-for-first-time-in-20-years/4762140889001

Productivity: Worrying data

....from Sky
http://news.sky.com/story/1644123/uk-productivity-gap-widens-to-a-record-level
and a great graph in this article fro the Guardian
http://www.theguardian.com/business/2016/feb/18/uk-productivity-gap-widens-to-worst-level-since-records-began


Monopsony

Thanks to tutor2u for this summary
http://www.tutor2u.net/economics/reference/monopsony-power-in-markets-1?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Thu%2018th%20February%202016&utm_content=Economics%20daily%20digest%20Thu%2018th%20February%202016+CID_e1171c65a52e39d74add621a5fca64a7&utm_source=CampMonitor&utm_term=Monopsony%20Power%20in%20Markets%20Study%20presentations%20A%20revision%20presentation%20on%20monopsony%20power

Market structure

Some interesting bits in this tutor2u presentation
http://www.tutor2u.net/economics/reference/market-structure-conduct-and-performance?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Wed%2017th%20February%202016&utm_content=Economics%20daily%20digest%20Wed%2017th%20February%202016+CID_3aad58ec422a3eb89767b9fbf254c2d5&utm_source=CampMonitor&utm_term=Market%20Structure%20Conduct%20and%20Performance%20Study%20presentations%20Short%20revision%20presentation%20on%20Market%20Structure%20Conduct%20and%20Performance

Monday, February 15, 2016

Free trade or tariffs: Chinese steel

Nice summary of the issue from the BBC
http://www.bbc.co.uk/news/business-35579126

Oligopoly

Thanks to tutor2u for these
Oligopoly and price fixing
Kinked demand curve
Oligopoly and collusion


Saturday, February 13, 2016

Air pollution in New Delhi and Kabul

With bad consequences, reports Aljazeera
http://video.aljazeera.com/channels/eng/videos/new-delhis-air-pollution-is-causing-a-health-crisis/4730173200001
and
http://video.aljazeera.com/channels/eng/videos/pollution-in-afghanistan-kills-thousands-every-year/4754000286001


Barriers to entry

Thanks to tutor2u for this
http://www.tutor2u.net/economics/blog/topic-of-the-day-barriers-to-entry?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Wed%2010th%20February%202016&utm_content=Economics%20daily%20digest%20Wed%2010th%20February%202016+CID_d550d47ef2ec9456a080732f7465efec&utm_source=CampMonitor&utm_term=Topic%20of%20the%20Day%20Barriers%20to%20Entry%20Our%20economics%20topic%20of%20the%20day%20is%20Barriers%20to%20Entry%20Revise%20this%20key%20concept%20using%20our%20study%20notes%20presentations%20and%20more

Behavioural economics

Thanks to tutor2u for this
http://www.tutor2u.net/economics/blog/topic-of-the-day-behavioural-economics?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Thu%2011th%20February%202016&utm_content=Economics%20daily%20digest%20Thu%2011th%20February%202016+CID_d0606d8e055d03db78e0e8929e81a98c&utm_source=CampMonitor&utm_term=Topic%20of%20the%20Day%20Behavioural%20Economics%20Our%20economics%20topic%20of%20the%20day%20is%20Behavioural%20Economics%20Get%20to%20grips%20with%20this%20this%20key%20concept%20using%20our%20study%20notes%20presentations%20and%20more

What have Trade Unions ever done for us?

Thanks to tutor2u for this
http://www.tutor2u.net/economics/blog/what-have-trade-unions-ever-done-for-us?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Thu%2011th%20February%202016&utm_content=Economics%20daily%20digest%20Thu%2011th%20February%202016+CID_d0606d8e055d03db78e0e8929e81a98c&utm_source=CampMonitor&utm_term=What%20have%20Trade%20Unions%20ever%20done%20for%20us%20For%20students%20born%20in%20the%20aftermath%20of%20Thatcherite%20reform%20which%20cast%20the%20unions%20as%20the%20industrial%20bogeyman%20this%20TUC%20video%20goes%20some%20way%20towards%20redressing%20the%20balance%20So%20what%20have

Chinese steel dumping?

The EU investigates, reports the BBC
http://www.bbc.co.uk/news/business-35559540

Contestable markets

Thanks to tutor2u for this
http://www.tutor2u.net/economics/blog/topic-of-the-day-contestable-markets?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Fri%2012th%20February%202016&utm_content=Economics%20daily%20digest%20Fri%2012th%20February%202016+CID_5def608cb7ed50a446627aae52c6c47d&utm_source=CampMonitor&utm_term=Topic%20of%20the%20Day%20Contestable%20Markets%20Our%20economics%20topic%20of%20the%20day%20is%20Contestable%20Markets%20Get%20to%20grips%20with%20this%20this%20key%20concept%20using%20our%20study%20notes%20presentations%20videos%20and%20more

Takeovers explained

Thanks to tutor2u for this
http://www.tutor2u.net/economics/blog/ft-video-takeovers-explained?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Thu%2011th%20February%202016&utm_content=Economics%20daily%20digest%20Thu%2011th%20February%202016+CID_d0606d8e055d03db78e0e8929e81a98c&utm_source=CampMonitor&utm_term=FT%20Video%20Takeovers%20Explained%20An%20excellent%20short%20resource%20to%20use%20when%20teaching%20the%20economics%20of%20business%20takeovers%20n%20the%20first%20part%20of%20the%20new%20FT%20video%20series%20Finance%20Decoded%20City%20editor%20Jonathan%20Guthrie

Thursday, February 11, 2016

Latest GDP figures

Courtesy of tutor2u
http://www.tutor2u.net/economics/blog/uk-gdp-grows-by-2-2-in-2015?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Wed%2010th%20February%202016&utm_content=Economics%20daily%20digest%20Wed%2010th%20February%202016+CID_d550d47ef2ec9456a080732f7465efec&utm_source=CampMonitor&utm_term=UK%20GDP%20grows%20by%2022%20in%202015%20The%20provisional%20data%20shows%20that%20the%20UK%20economy%20enjoyed%20a%2012th%20consecutive%20quarter%20of%20real%20GDP%20growth%20in%20the%20final%20three%20months%20of%202015

Why coffee prices may be about to rise sharply

Interesting video
https://www.youtube.com/watch?v=1KVxqnk1f24&feature=player_embedded


Cartels: The Quebec Maple Syrup Cartel

Thanks to tutor2u for this
http://www.tutor2u.net/economics/blog/cartels-the-quebec-maple-syrup-cartel?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Mon%208th%20February%202016&utm_content=Economics%20daily%20digest%20Mon%208th%20February%202016+CID_7ef16b969e52a47ed4fd799a553aad8c&utm_source=CampMonitor&utm_term=Cartels%20The%20Quebec%20Maple%20Syrup%20Cartel%20Quebec%20has%207500%20mostly%20family-run%20farms%20%20who%20produce%2070%20of%20world%20supply%20of%20maple%20syrup%20Since%201990%20producers%20have%20been%20required%20to%20hand%20over%20the%20bulk%20of%20what%20they%20produce%20to%20the

Balance of Payments 2015

Thanks to tutor2u for this analysis
http://www.tutor2u.net/economics/blog/uk-current-account-deficit-in-2015-digging-deeper?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Mon%208th%20February%202016&utm_content=Economics%20daily%20digest%20Mon%208th%20February%202016+CID_7ef16b969e52a47ed4fd799a553aad8c&utm_source=CampMonitor&utm_term=UK%20Current%20Account%20Deficit%20in%202015%20-%20Digging%20Deeper%20I%20am%20grateful%20to%20my%20colleague%20Mo%20Tanweer%20for%20digging%20out%20this%20extra%20detail%20on%20the%20breakdown%20of%20the%20UK%20current%20account%20deficit%20in%202015%20It%20provides%20some%20revealing%20context%20to

Dirty floating: China buys the Yuan

....reports the BBC
http://www.bbc.co.uk/news/business-35516054

Friday, February 05, 2016

Sugar consumption and information failure

Simple, short video from the BBC. The key is the last bit of (missing) information
http://www.bbc.co.uk/news/business-35418947