Thursday, March 31, 2016

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


Tuesday, March 29, 2016

Sunday, March 13, 2016

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

Wednesday, March 02, 2016

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