Saturday, April 30, 2016

Savings ratio

Thanks to economicshelp for this
https://www.economicshelp.org/blog/848/economics/savings-ratio-uk/

Wednesday, April 20, 2016

The problems with measuring inflation

A shrinking size but no reduction in the price; ie the price per unit increases but isn't measured in CPI calculations. Sky reports
http://news.sky.com/story/1681721/sneaky-shops-sell-shrinking-items-at-same-cost

Monday, April 18, 2016

Trade with Europe

A nice clip from the BBC arguing the pros and cons of EU membership in terms of trade
http://www.bbc.co.uk/news/uk-politics-eu-referendum-36069956

Friday, April 15, 2016

Changing demand for vinyl records over time

Nice clip from the BBC: Which determinants of demand changed over time?
http://www.bbc.co.uk/news/business-36037876
...and a lot more on the vinyl industry from tutor2u
http://www.tutor2u.net/economics/blog/the-economics-of-vinyl?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Thu%2021st%20April%202016&utm_content=Economics%20daily%20digest%20Thu%2021st%20April%202016+CID_4096d230c52f5d0869b6e847bf853c45&utm_source=CampMonitor&utm_term=The%20Economics%20of%20Vinyl%20In%20the%20last%20few%20years%20we%20have%20seen%20the%20revival%20of%20vinyl%20records%20with%20sales%20passing%20a%20million%20in%202014%20the%20first%20time%20since%201996%20and%20growth%20is%20expected%20to%20continue%20for



Sugar in food: Information failure?

Newsbeat might surprise you
http://www.bbc.co.uk/newsbeat/article/36054494/six-everyday-things-with-more-sugar-than-dolmio-lasagne-sauce

UK Economy 2016 data

Thanks to tutor2u for this data
http://s3-eu-west-1.amazonaws.com/tutor2u-media/subjects/economics/downloads/State_of_UK_Economy.pdf?mtime=20160415095013

Football and diseconomies of scale

Thanks to tutor2u for this example
http://www.tutor2u.net/economics/blog/liverpool-fc-dele-alli-and-diseconomies-of-scale?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Thu%2014th%20April%202016&utm_content=Economics%20daily%20digest%20Thu%2014th%20April%202016+CID_e8b2a9e4793a68b1d8ee3ad19d2d810c&utm_source=CampMonitor&utm_term=Liverpool%20FC%20Dele%20Alli%20and%20Diseconomies%20of%20Scale%20A%20recent%20news%20story%20on%20how%20Liverpool%20missed%20out%20on%20the%20signing%20of%20Tottenhams%20Dele%20Alli%20offers%20a%20good%20example%20of%20diseconomies%20of%20scale%20in%20a%20large%20football%20club