Reduced vanilla supply and rising ice-cream prices

Thanks to tutor2u for this
http://www.tutor2u.net/economics/blog/price-hike-in-vanilla-from-madagascar-due-to-changes-in-conditions-of-supply?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Thu%2031st%20March%202016&utm_content=Economics%20daily%20digest%20Thu%2031st%20March%202016+CID_2e8f3ef8276b788cc93c016a3974cb0c&utm_source=CampMonitor&utm_term=Price%20hike%20in%20vanilla%20from%20Madagascar%20due%20to%20changes%20in%20conditions%20of%20supply%20The%20British%20love%20their%20vanilla%20from%20Madasgascar%20-%20it%20has%20a%20distinctive%20smooth%20texture%20and%20taste%20that%20we%20seem%20to%20particularly%20enjoy%20However%20changes%20in%20conditions%20of%20supply%20are%20causing

and this explaining the role of elasticity
http://www.tutor2u.net/economics/blog/vanilla-ice-cream-and-elasticity?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Fri%2015th%20April%202016&utm_content=Economics%20daily%20digest%20Fri%2015th%20April%202016+CID_1caa6b97f845fed25d8c7c4a096e9509&utm_source=CampMonitor&utm_term=Vanilla%20Ice%20Cream%20and%20Elasticity%20Weve%20been%20warned%20that%20the%20price%20of%20vanilla%20ice-cream%20could%20rocket%20as%20bad%20harvests%20mean%20a%20shortage%20of%20vanilla%20pods%20But%20as%20good%20economists%20will%20know%20the%20key%20word%20is

Lower consumer confidence in the UK

.....reports Sky
http://news.sky.com/story/1670031/consumer-confidence-remains-lowest-since-2014

NMW/Living wage increases....but not good news for all

Thanks to Sky
http://news.sky.com/story/1669323/millions-in-line-for-living-wage-pay-rise
and the BBC for the downside
http://www.bbc.co.uk/news/35928078 and this overview http://www.bbc.co.uk/news/business-35935677
and Ch4
http://news.sky.com/story/1670688/national-living-wage-comes-into-force

Market share for cloud serices

Thanks to tutor2u
http://www.tutor2u.net/economics/blog/battle-for-market-share-in-cloud-platform-services?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Mon%2028th%20March%202016&utm_content=Economics%20daily%20digest%20Mon%2028th%20March%202016+CID_bf5bae346852dc0b6a2e29a35071294b&utm_source=CampMonitor&utm_term=Battle%20for%20Market%20Share%20in%20Cloud%20Platform%20Services%20It%20would%20be%20easy%20to%20assume%20that%20the%20internet%20behemoth%20Google%20would%20stand%20head%20and%20shoulders%20above%20others%20in%20providing%20cloud%20platform%20services%20In%20fact%20Amazon%20Web%20Services%20is%20-

The sugar tax: Producers respond

To avoid paying the tax, lower sugar drinks are on the way: An example of "nudge" economics?
http://news.sky.com/story/1668751/irn-bru-maker-cuts-back-on-sugar-ahead-of-tax

Lahore: Negative externalities from a new train line

Thanks to Aljazeera for this example
http://video.aljazeera.com/channels/eng/videos/new-train-line-in-lahore-threatens-heritage-sites/4819072093001

Gross National Happiness

Thanks to tutor2u for this
http://www.tutor2u.net/economics/blog/gross-national-happiness-images-from-bhutan?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Sun%2027th%20March%202016&utm_content=Economics%20daily%20digest%20Sun%2027th%20March%202016+CID_ffaa388ac4917d5b795e5a8aa21e18d4&utm_source=CampMonitor&utm_term=Gross%20National%20Happiness%20-%20Images%20from%20Bhutan%20This%20picture%20book%20from%20the%20Guardian%20looks%20at%20life%20in%20Bhutan%20The%20country%20uses%20its%20own%20Gross%20National%20Happiness%20Index%20published%20each%20year

Will the living wage lead to job losses?

Thanks to tutor2u for this
http://www.tutor2u.net/economics/blog/will-the-new-national-living-wage-cost-jobs?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Sat%2026th%20March%202016&utm_content=Economics%20daily%20digest%20Sat%2026th%20March%202016+CID_c18466a07f31d0c45019c54bf366920f&utm_source=CampMonitor&utm_term=Will%20the%20new%20National%20Living%20Wage%20cost%20jobs%20In%20July%202015%20the%20Chancellor%20George%20Osborne%20announced%20that%20a%20new%20National%20Living%20Wage%20NLW%20would%20replace%20the%20National%20Minimum%20Wage%20NMW%20for%20those%20aged%2025%20and%20over%20starting%20from%201%20April%202016%20The

Government spending 2016

Thanks to tutor2u for this data
http://www.tutor2u.net/economics/blog/fiscal-policy-update-uk-government-spending-2015-16?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Thu%2024th%20March%202016&utm_content=Economics%20daily%20digest%20Thu%2024th%20March%202016+CID_9c6794891115eff6be64d63e4f09d821&utm_source=CampMonitor&utm_term=Fiscal%20Policy%20Update%20UK%20Government%20Spending%202015-16%20Here%20are%20two%20useful%20charts%20summarising%20the%20breakdown%20of%20UK%20government%20spending%20for%20the%202015-16%20fiscal%20year%20and%20the%20change%20in%20public%20expenditure%20since%202010

Should we tax people's rubbish to reduce market failure?

Thanks to tutor2u for this story
http://www.tutor2u.net/economics/blog/does-taxing-peoples-rubbish-work?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Tue%2022nd%20March%202016&utm_content=Economics%20daily%20digest%20Tue%2022nd%20March%202016+CID_990c06fcb339e1981260f3e3fb0f677d&utm_source=CampMonitor&utm_term=Does%20taxing%20peoples%20rubbish%20work%20People%20might%20dislike%20taxes%20on%20their%20rubbish%20at%20first%20%20but%20such%20taxes%20do%20encourage%20recycling%20and%20eventually%20become%20popular%20That%20is%20the%20main%20finding%20of%20research%20by%20Stefano%20Carattini%20Andrea

Rejoice! NZ bans zero hours contracts

Surely one of the most iniquitous inventions ever in the labour market. Let's hope others follow this enlightened lead form NZ.
Tutor2u reports http://www.tutor2u.net/economics/blog/zero-hours-contracts-turned-upside-down-in-new-zealand?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Fri%2018th%20March%202016&utm_content=Economics%20daily%20digest%20Fri%2018th%20March%202016+CID_1ba71adbb4245f02cefa984a07e7ba16&utm_source=CampMonitor&utm_term=Zero-Hours%20Contracts%20Turned%20Upside%20Down%20in%20New%20Zealand%20Talking%20to%20a%20Business%20Studies%20group%20about%20flexible%20workers%20and%20workforce%20planning%20and%20to%20a%20group%20of%20Economists%20about%20Marginal%20Revenue%20Product%20theory%20and%20flexible%20working%20practices%20led%20to%20a

Negative externalities from rubbish disposal....

....or not, in the case of Beirut, reports Aljazeerahttp://video.aljazeera.com/channels/eng/videos/lebanons-rubbish-crisis-behind-spike-in-bacterial-infections/4806708838001

Investment in UK – Private and Public Sector

Thanks to economicshelp
http://www.economicshelp.org/blog/6380/economics/investment-in-uk-business-and-public-sector/

Should the chancellor have increased fuel duty?

Nice 2 sided summary from economicshelp
http://www.economicshelp.org/blog/17085/taxes/the-economic-cost-of-fuel-duty-freeze/

Inflation: 2016 changes to the basket of goods

Thanks to the BBC
http://www.bbc.co.uk/news/business-35810466

Budget 2016 summary

From the BBC
http://www.bbc.co.uk/news/uk-politics-35824830
and
http://www.bbc.co.uk/news/uk-politics-35813973
and Ch4
http://news.sky.com/story/1660900/key-points-budget-announcements-at-a-glance

Sugar tax is on the way

Jamie Oliver is happy
http://www.bbc.co.uk/news/uk-politics-35823870
Here  are the details
http://www.bbc.co.uk/news/uk-politics-35824338
and from Sky
http://news.sky.com/story/1660913/osborne-to-levy-sugar-tax-on-soft-drinks
and this list of how much sugar is in each drink
http://www.bbc.co.uk/news/magazine-35831125
and more links from tutor2u
http://www.tutor2u.net/economics/blog/resources-on-the-sugar-tax?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Mon%2021st%20March%202016&utm_content=Economics%20daily%20digest%20Mon%2021st%20March%202016+CID_8dbd55a93ac46b48361aa6e5f8df17f9&utm_source=CampMonitor&utm_term=Resources%20on%20the%20Sugar%20Tax%20Here%20is%20a%20selection%20of%20news%20articles%20and%20other%20resources%20on%20the%20newly%20announced%20tax%20on%20sugary%20soft%20drinks%20in%20the%20UK

How does the EU spend our money?

Thanks to tutor2u
http://www.tutor2u.net/economics/blog/how-does-the-eu-spend-its-money-a-quick-teaching-resource?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Tue%2015th%20March%202016&utm_content=Economics%20daily%20digest%20Tue%2015th%20March%202016+CID_a56dd2fe74c5eef44bcfed87f4ea4aed&utm_source=CampMonitor&utm_term=How%20does%20the%20EU%20spend%20its%20money%20A%20quick%20teaching%20resource%20Perhaps%20you%20and%20your%20students%20are%20becoming%20a%20little%20tired%20about%20the%20EU%20referendum%20topic%20only%20101%20days%20to%20go%20until%20the%20poll%20However%20heres%20a%20quick%20teaching%20resource%20to%20stimulate

Trans-Pacific Partnership: What is it and what does it mean?

Thanks to the BBC for this
http://www.bbc.co.uk/news/business-34448085
and more details
http://www.bbc.co.uk/news/business-35480600

Competition and Markets Authority Report on UK Energy Market (2016)

Thanks to tutor2u
http://www.tutor2u.net/economics/blog/competition-and-markets-authority-report-on-uk-energy-market-2016?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Fri%2011th%20March%202016&utm_content=Economics%20daily%20digest%20Fri%2011th%20March%202016+CID_e2adb60d1f2dabbf96d6dbbb4f04add0&utm_source=CampMonitor&utm_term=Competition%20and%20Markets%20Authority%20Report%20on%20UK%20Energy%20Market%202016%20This%20blog%20curates%20resources%20on%20theMarch%202016%20Competition%20and%20Markets%20Authority%20report%20into%20low%20contestability%20in%20the%20UK%20energy%20market

Non-tariff barriers to trade: Ghana

Thanks to tutor2u
https://www.youtube.com/watch?v=blvxPshCDe4

UK exports

Thanks to tutor2u for finding this data
http://www.tutor2u.net/economics/blog/brexit-britains-major-export-products-and-markets?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Thu%2010th%20March%202016&utm_content=Economics%20daily%20digest%20Thu%2010th%20March%202016+CID_f24a0734048262edcf957bfa30a91905&utm_source=CampMonitor&utm_term=Brexit%20Britains%20Major%20Export%20Products%20and%20Markets%20Here%20is%20a%20smart%20graphic%20from%20our%20friends%20at%20Statista%20According%20to%20data%20from%20the%20Office%20of%20National%20Statistics%20over%20half%20of%20British%20exports%20go%20to%20countries%20in%20the%20European

GDP lecture

Thanks to tutor2u for finding this great lecture on GDP and its relevance to a digital age
https://www.youtube.com/watch?v=Ck12yaw5Tzc

ECB Acts Again To Stimulate Eurozone Economy

Thanks to Sky
http://news.sky.com/story/1657343/ecb-acts-again-to-stimulate-eurozone-economy
and tutor2u
http://www.tutor2u.net/economics/blog/has-the-ecb-shot-their-last-bazooka?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Fri%2011th%20March%202016&utm_content=Economics%20daily%20digest%20Fri%2011th%20March%202016+CID_e2adb60d1f2dabbf96d6dbbb4f04add0&utm_source=CampMonitor&utm_term=Has%20the%20ECB%20shot%20their%20last%20bazooka%20There%20was%20a%20surprise%20monetary%20policy%20move%20by%20the%20European%20Central%20Bank%20ECB%20today%20with%20the%20announcement%20of%20extra%20quantitative%20easing%20a%20move%20to%20buying%20corporate%20as%20well%20as%20government

What are negative interest rates?

Thanks to the BBC
http://www.bbc.co.uk/news/business-35777210

The price of snacks on a plane

An abuse of monoploy power? thanks to tutor2u for this
http://www.tutor2u.net/economics/blog/snacks-on-a-plane?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Wed%209th%20March%202016&utm_content=Economics%20daily%20digest%20Wed%209th%20March%202016+CID_817aa50346dd916479cf5e266906c095&utm_source=CampMonitor&utm_term=Snacks%20on%20a%20plane%20Many%20of%20us%20have%20probably%20assumed%20this%20for%20years%20but%20now%20a%20study%20has%20been%20carried%20out%20showing%20just%20how%20high%20the%20profit%20margins%20are%20for%20budget%20airlines%20on%20the

Price discrimination on airline seating

Thanks to tutor2u for this
http://www.tutor2u.net/economics/blog/price-discrimination-on-airline-seating?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Tue%208th%20March%202016&utm_content=Economics%20daily%20digest%20Tue%208th%20March%202016+CID_55bcbbf61a862de9bd649ca5e86eb583&utm_source=CampMonitor&utm_term=Price%20discrimination%20on%20airline%20seating%20Were%20now%20used%20to%20paying%20different%20prices%20for%20air%20tickets%20depending%20on%20when%20we%20choose%20to%20book%20but%20a%20patent%20has%20been%20filed%20in%20the%20US%20for%20a%20new%20bench

Does a devaluation help the economy?

Thanks to economicshelp for this summary of the arguments
http://www.economicshelp.org/blog/6991/economics/does-a-devaluation-really-help-the-economy/

The role of money in the modern economy

Thanks to tutor2u
http://www.tutor2u.net/economics/blog/money-in-the-modern-economy?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Tue%201st%20March%202016&utm_content=Economics%20daily%20digest%20Tue%201st%20March%202016+CID_98810e869ef10bbedb0d048f4c420c04&utm_source=CampMonitor&utm_term=Money%20in%20the%20modern%20economy%20This%20introductory%20video%20from%20the%20Bank%20of%20England%20provides%20a%20useful%20introduction%20to%20the%20concept%20of%20money%20and%20its%20purpose%20in%20a%20modern%20market%20economy

Income distribution in the UK

Thanks to tutor2u for this
http://www.tutor2u.net/economics/blog/uk-household-income-and-inequality-where-do-you-fit-in?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Mon%2029th%20February%202016&utm_content=Economics%20daily%20digest%20Mon%2029th%20February%202016+CID_21629d140859f5743859792f8d3b0aa9&utm_source=CampMonitor&utm_term=UK%20household%20income%20and%20inequality%20where%20do%20you%20fit%20in%20This%20new%20interactive%20graphic%20from%20the%20Office%20of%20National%20Statistics%20allows%20you%20to%20find%20out%20where%20your%20household%20%20family%20fits%20in%20the%20distribution%20of%20income%20in%20the%20UK

Reducing tax rates and increased tax revenue: The Laffer curve in action?

Thanks to Sky
http://news.sky.com/story/1651855/osborne-urged-to-cut-tax-for-top-earners-again

Plastic Bag Firm Blames 5p Charge For Collapse

Is this an example of government failure?
Sky Plastic Bag Firm Blames 5p Charge For Collapse
BBC http://www.bbc.co.uk/news/uk-england-manchester-35694164