Sunday, December 24, 2017

China introduces carbon trading scheme

Thanks to the Guardian
https://www.theguardian.com/environment/2017/dec/19/china-aims-to-drastically-cut-greenhouse-gas-emissions-through-trading-scheme?CMP=share_btn_tw

Friday, December 08, 2017

Firms who get caught not paying the minimum wage

Some big names in here offering feeble excuses
https://news.sky.com/story/sports-direct-and-primark-among-firms-shamed-on-pay-by-hmrc-11161132

Factors affecting Current Account Deficit

Thanks to economicshelp
https://www.economicshelp.org/blog/2674/economics/factors-affecting-current-account-deficit/

French diet crisis!

Thanks to the Telegraph
http://www.telegraph.co.uk/news/2017/12/06/france-could-run-foie-gras-christmas-record-dearth-butter-wine/

Eduqas: The Millennium Development Goals and Beyond

file:///C:/Users/Jones/Downloads/Economics_Matters_01.pdf

Eduqas : Allocative efficiency

file:///C:/Users/Jones/Downloads/Economics_Matters_03.pdf

How much damage will lower EU immigration inflict on the UK economy?

Thanks to the Independent
http://www.independent.co.uk/news/business/analysis-and-features/low-uk-immigration-economy-how-effect-brexit-eu-nationals-a8084796.html

Problems that arise when there isn't free trade

Thanks to the FT
https://www.ft.com/content/2d30482c-da7e-11e7-a039-c64b1c09b482

Thursday, November 02, 2017

Interest rates rise

Winners and losers from Sky
http://news.sky.com/story/who-are-the-winners-and-losers-if-the-bank-of-england-raises-interest-rates-11108804 and http://news.sky.com/story/what-an-interest-rate-rise-means-for-you-11108751

and the BBC
http://www.bbc.co.uk/news/business-41831777

and a collection of articles on tutor2u
https://www.tutor2u.net/economics/blog/why-the-bank-of-england-has-raised-interest-rates?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Fri%203rd%20November%202017&utm_content=Economics%20daily%20digest%20Fri%203rd%20November%202017+CID_6c9a4161311ef3263f7aef91dfaab89e&utm_source=CampMonitor&utm_term=Why%20the%20Bank%20of%20England%20has%20raised%20interest%20rates%20Inevitably%20there%20has%20been%20a%20deluge%20of%20media%20coverage%20of%20the%20first%20base%20rate%20rise%20for%20a%20decade%20-%20albeit%20a%20tiny%20step%20Here%20is%20our%20curation%20of%20some%20of




Who owns UK debt?

Thanks to economicshelp
https://www.economicshelp.org/blog/1407/economics/who-owns-government-debt/

Consumer and producer surlpus

tutor2u working through a question
https://www.tutor2u.net/economics/reference/changes-in-consumer-and-producer-surplus-mcq-revision-question?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Thu%202nd%20November%202017&utm_content=Economics%20daily%20digest%20Thu%202nd%20November%202017+CID_46ddde660fa31b409d5ba6f07b349fb8&utm_source=CampMonitor&utm_term=Changes%20in%20Consumer%20and%20Producer%20Surplus%20MCQ%20Revision%20Question%20Practice%20exam%20questions%20This%20question%20is%20tested%20regularly%20at%20A%20level%20-%20namely%20how%20changes%20in%20the%20conditions%20of%20supply%20and%20demand%20impact%20on%20the%20overall%20level%20of%20consumer%20and%20producer%20surplus

Wednesday, November 01, 2017

UK Labour Productivity

Thanks to economicshelp
https://www.economicshelp.org/blog/5887/economics/uk-labour-productivity/

The case for and against interest rate rise

Thanks to economicshelp
https://www.economicshelp.org/blog/133576/economics/the-case-for-and-against-interest-rate-rise/

Singapore airport substitutes capital for labour

Thanks to the BBC
http://www.bbc.co.uk/news/av/business-41805394/checking-in-at-singapore-s-new-contactless-airport-terminal

Government to step in and regulate stakes on fixed-odds machines

Thanks to tutor2u
https://www.tutor2u.net/economics/blog/government-regulates-stakes-on-fixed-odds-machines?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Wed%201st%20November%202017&utm_content=Economics%20daily%20digest%20Wed%201st%20November%202017+CID_7dfb0d6cba64127b1e044c5a6475b914&utm_source=CampMonitor&utm_term=Government%20regulates%20stakes%20on%20fixed-odds%20machines%20Dubbed%20the%20crack%20cocaine%20of%20gambling%20the%20government%20is%20to%20limit%20the%20maximum%20stake%20on%20controversial%20fixed%20odds%20betting%20machines
and Sky
http://news.sky.com/story/govt-cuts-stakes-on-crack-cocaine-betting-terminals-in-gambling-review-11106636


Monday, October 23, 2017

Minimum alcohol price law unveiled in Wales

Thanks to the BBC
http://www.bbc.co.uk/news/uk-wales-41682666

T-Charge: New London traffic charge comes into force

New "old diesel" charge in London
http://www.bbc.co.uk/news/uk-england-london-41695116

and from Sky
The idea explained
http://news.sky.com/story/t-charge-all-you-need-to-know-about-londons-new-anti-pollution-measure-11094729
and
http://news.sky.com/story/drivers-of-the-most-polluting-vehicles-face-2150-charge-to-enter-centre-of-london-11094609
and
http://news.sky.com/story/london-t-charge-for-most-polluting-vehicles-will-cost-taxpayers-7m-says-sadiq-khan-11094764


and this collection from tutor2u
https://www.tutor2u.net/economics/blog/10-t-charge-comes-into-force-in-london?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Tue%2024th%20October%202017&utm_content=Economics%20daily%20digest%20Tue%2024th%20October%202017+CID_3393acd384d6e9550d3d98a7ed433d37&utm_source=CampMonitor&utm_term=10%20T-Charge%20Comes%20into%20Force%20in%20London%20As%20of%20today%20a%20new%2010%20daily%20charge%20has%20come%20into%20force%20for%20older%20more%20toxic%20vehicles%20that%20drive%20into%20central%20London


The end of car production in Australia

Comparative advantage in action?
https://www.youtube.com/watch?time_continue=3&v=UdLhkneZr-Q

Sunday, October 15, 2017

Economic systems revision grid

Thanks to econfix
https://econfix.wordpress.com/2017/10/15/as-revision-economic-systems-2/?t=1&cn=ZmxleGlibGVfcmVjcw%3D%3D&refsrc=email&iid=0c1a97caac694c94932b29b3e37c1424&uid=625863503&nid=244+289476616

Friday, October 13, 2017

Behavioural Economics has a Nobel Moment

Thanks to tutor2u
https://www.tutor2u.net/economics/blog/behavioural-economics-has-a-nobel-moment?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Thu%2012th%20October%202017&utm_content=Economics%20daily%20digest%20Thu%2012th%20October%202017+CID_40c5cd8159d789a9ecc2cd83688ff771&utm_source=CampMonitor&utm_term=Behavioural%20Economics%20has%20a%20Nobel%20Moment%20Behavioural%20economics%20has%20received%20the%20ultimate%20accolade%20Richard%20Thaler%20of%20the%20University%20of%20Chicago%20Business%20School%20has%20been%20awarded%20the%20Nobel%20Prize%20in%20economics%20for%20his%20work%20in%20this%20area

and the More or less special accessed via
https://www.tutor2u.net/economics/blog/how-richard-thaler-changed-economics?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Mon%2016th%20October%202017&utm_content=Economics%20daily%20digest%20Mon%2016th%20October%202017+CID_40ce19c7efed0daffca7e79e6e751545&utm_source=CampMonitor&utm_term=How%20Richard%20Thaler%20Changed%20Economics%20In%20this%20special%20edition%20of%20More%20or%20Less%20Tim%20Harford%20explores%20the%20ways%20in%20which%20Professor%20Richard%20Thaler%20has%20changed%20the%20subject%20of%20Economics



Rising demand for craft gin

Thanks to tutor2u
https://www.tutor2u.net/economics/blog/craft-distilleries-drive-gin-boom?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Thu%2012th%20October%202017&utm_content=Economics%20daily%20digest%20Thu%2012th%20October%202017+CID_40c5cd8159d789a9ecc2cd83688ff771&utm_source=CampMonitor&utm_term=Craft%20distilleries%20drive%20gin%20boom%20Gin%20festivals%20are%20becoming%20more%20popular%20with%20every%20passing%20year%20and%20soaring%20demand%20is%20creating%20a%20supply%20response%20as%20new%20craft%20gin%20distilleries%20open

Tuesday, October 10, 2017

UK trade deficit hits record high

The news is not good. The lower £ doesn't appear to be having the expected impact
http://news.sky.com/story/uk-trade-deficit-hits-record-high-in-august-as-imports-jump-11074656

Legislation and fines in the water industry

If you break the law, you suffer the consequences, as explained by Sky
http://news.sky.com/story/water-firm-united-utilities-hit-with-300000-fine-over-contamination-11074970

An even bigger container ship

The size of these behemoths continues to grow
http://www.bbc.co.uk/news/av/uk-england-suffolk-40362922/oocl-hong-kong-felixstowe-port-welcomes-world-s-biggest-ship

Behavioural Economics: Ricahrd Thaler wins Nobel Prize

Thanks to the BBC
http://www.bbc.co.uk/news/business-41549533
http://www.bbc.co.uk/news/business-41549753
http://www.bbc.co.uk/news/business-41550434
and http://www.bbc.co.uk/news/av/business-41557329/nobel-prize-winner-richard-thaler-on-nudge-theory-and-diet video

and these short videos from tutor2u
https://www.tutor2u.net/economics/blog/behavioural-economics-useful-short-lesson-videos-featuring-richard-thaler?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Tue%2010th%20October%202017&utm_content=Economics%20daily%20digest%20Tue%2010th%20October%202017+CID_e7c716f64882e6906b756ca358833701&utm_source=CampMonitor&utm_term=Behavioural%20Economics%20-%20Useful%20Short%20Lesson%20Videos%20featuring%20Richard%20Thaler%20Lots%20of%20great%20coverage%20of%20the%20work%20of%20Richard%20Thaler%20following%20his%20well-deserved%20award%20of%20the%20Nobel%20Prize%20for%20Economics%20These%20short%20videos%20are%20well%20worth%20a%20watch

and Tim Harford
http://timharford.com/2017/10/why-thalers-nobel-is-a-well-deserved-nudge-for-behavioural-economics/

Tuesday, October 03, 2017

Irrational behaviour

Thanks to economicshelp
https://www.economicshelp.org/blog/132942/economics/irrational-behaviour/

Why Printing Money Causes Inflation

Thanks to economicshelp
https://www.economicshelp.org/blog/797/economics/why-printing-money-causes-inflation/

Social welfare: MSC =MSB

Thanks to economicshelp
https://www.economicshelp.org/blog/2393/economics/social-efficiency/

Thursday, August 24, 2017

Monday, July 24, 2017

Shrinking product sizes

More signs of "shrinkflation"
http://www.bbc.co.uk/news/av/business-40707799/shrinkflation-has-been-going-on-for-five-years-ons and
http://www.bbc.co.uk/news/business-40703866

Inflation: advantages and disadvantages

Thanks to economicshelp
Inflation: advantages and disadvantages

Economics of the Gig Economy

Thanks to tutor2u
https://www.tutor2u.net/economics/blog/economics-of-the-gig-economy?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Wed%2012th%20July%202017&utm_content=Economics%20daily%20digest%20Wed%2012th%20July%202017+CID_1f3183d1e104424c9624033a21818f9c&utm_source=CampMonitor&utm_term=Economics%20of%20the%20Gig%20Economy%20To%20mark%20the%20publication%20of%20the%20Taylor%20Report%20on%20Employment%20Practices%20in%20the%20Modern%20Economy%20we%20are%20curating%20a%20set%20of%20study%20resources%20for%20students%20and%20teachers%20on%20the%20economics

Should the government intervene in the economy?

Thanks to economicshelp for this macro and micro explanation
http://www.economicshelp.org/blog/5735/economics/should-the-government-intervene-in-the-economy/

Policies to reduce inflation

Thanks to economicshelp
http://www.economicshelp.org/blog/42/inflation/economic-policies-to-reduce-inflation/

Monday, July 03, 2017

Broadband: Government capital spending

As reported on the BBC
http://www.bbc.co.uk/news/av/technology-40478387/matt-hancock-400m-fund-for-ultra-fast-broadband

Feminised fish: Negative externalities

Thanks to the BBC
http://www.bbc.co.uk/news/av/science-environment-40477381/male-river-fish-show-feminised-traits-due-to-chemicals-flushed-away

Policies for reducing unemployment

Thanks to economicshelp
http://www.economicshelp.org/blog/3881/economics/policies-for-reducing-unemployment/

What's behind low productivity?

Thanks to tutor2u
https://www.tutor2u.net/economics/blog/whats-behind-low-productivity-and-flatlining-pay?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Sat%201st%20July%202017&utm_content=Economics%20daily%20digest%20Sat%201st%20July%202017+CID_806e6293610136d68919702b9c2aca54&utm_source=CampMonitor&utm_term=Whats%20behind%20low%20productivity%20and%20flatlining%20pay%20Newsnight%20interviews%20Andy%20Haldane%20Chief%20Economist%20of%20the%20Bank%20of%20England%20on%20the%20contributory%20causes%20of%20the%20flat-lining%20of%20pay%20over%20the%20last%20ten%20years%20Why%20has%20productivity%20stalled%20Haldane
and the Guardian
https://www.theguardian.com/business/2017/jun/21/productivity-crisis-uk-real-wage-growth?CMP=share_btn_tw

Children's online junk food ads banned by industry

Voluntary regulation, but is it enough? Thanks to the BBC
http://www.bbc.co.uk/news/health-38239259

Pub smoking ban: 10 charts that show the impact

Fantastic article from the BBC
http://www.bbc.co.uk/news/health-40444460
and more from tutor2u
https://www.tutor2u.net/economics/blog/10-years-on-from-the-smoking-ban?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Mon%203rd%20July%202017&utm_content=Economics%20daily%20digest%20Mon%203rd%20July%202017+CID_91a4f439142a6c63b71d1447bf924f15&utm_source=CampMonitor&utm_term=10%20Years%20on%20from%20the%20Smoking%20Ban%20A%20decade%20ago%20a%20law%20came%20into%20force%20in%20England%20that%20made%20it%20illegal%20to%20smoke%20in%20enclosed%20public%20places%20What%20impact%20has%20the%20regulation%20had%20on%20levels%20of%20smoking



Sunday, June 25, 2017

Diagrams from tutor2u

Micro https://www.tutor2u.net/economics/reference/microeconomics-diagram-in-your-pocket?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Mon%205th%20June%202017&utm_content=Economics%20daily%20digest%20Mon%205th%20June%202017+CID_d89012ebe2cbcaebdd2e17cc73e7d46e&utm_source=CampMonitor&utm_term=Microeconomics%20-%20Diagram%20in%20your%20pocket%20Study%20notes%20Heres%20a%20set%20of%20diagrams%20to%20support%20revising%20students%20taking%20their%20A%20level%20exam%20in%20microeconomics%20There%20is%20a%20set%20of%2026%20diagrams%20split%20into%20the%20sub-topics%20of%20Production%20Possibility%20Frontiers

Business/Yr 2 https://www.tutor2u.net/economics/reference/business-economics-diagram-in-your-pocket?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Mon%205th%20June%202017&utm_content=Economics%20daily%20digest%20Mon%205th%20June%202017+CID_d89012ebe2cbcaebdd2e17cc73e7d46e&utm_source=CampMonitor&utm_term=Business%20Economics%20-%20Diagram%20in%20your%20Pocket%20Revision%20quizzes%20Here%20is%20a%20quick%20revision%20tool%20for%20a%20large%20selection%20of%20diagrams%20used%20for%20Business%20Economics%20in%20micro%20papers%20or%20synoptic%20paper%203%20at%20A%20Level

Disney parks and PED

Thanks to tutor2u
https://www.tutor2u.net/business/blog/price-elasticity-of-demand-works-at-disney-parks-in-the-us?utm_medium=email&utm_campaign=Business%20daily%20digest%20Wed%2021st%20June%202017&utm_content=Business%20daily%20digest%20Wed%2021st%20June%202017+CID_25c92a78adf88136937856b0670be8f4&utm_source=CampMonitor&utm_term=Price%20Elasticity%20of%20Demand%20works%20at%20Disney%20parks%20in%20the%20US%20In%20February%20Disney%20raised%20the%20price%20of%20tickets%20to%20visit%20its%20theme%20parks%20in%20the%20US%20The%20price%20rises%20varied%20but%20were%20typically%20just%20under%204%20with%20seasonal%20mid-tier%20day%20tickets

Russ Roberts' Wonderful Loaf

I'm going to use this to introduce the free market/invisible hand at the start of next year as it's brilliant!
http://wonderfulloaf.org/

Sunday, June 18, 2017

Free trade area, single market, customs union - what's the difference?

Thanks to the BBC
http://www.bbc.co.uk/news/business-36083664

Globalisation: The gains aren't equal

Not surprising, but an interesting video
https://www.tutor2u.net/economics/blog/globalisation-why-average-isnt-good-enough?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Wed%2014th%20June%202017&utm_content=Economics%20daily%20digest%20Wed%2014th%20June%202017+CID_7ba3307264ddb01dbbaf4d0a312ce5f8&utm_source=CampMonitor&utm_term=Globalisation%20Why%20Average%20Isnt%20Good%20Enough%20A%20short%20but%20very%20astute%20and%20relevant%20video%20here%20on%20the%20distributional%20effects%20of%20trade%20liberalisation%20%20globalisation%20Sergey%20Nigai%20winner%20of%20the%20Austin%20Robinson%20Prize%20finds%20that%20using%20data%20across

Multiple choice from tutor2u

https://www.tutor2u.net/economics/reference/20-multi-choice-questions-on-any-topic-revision-for-paper-3?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Sat%2017th%20June%202017&utm_content=Economics%20daily%20digest%20Sat%2017th%20June%202017+CID_0b48a488d3575c9f160d5bb1dc034008&utm_source=CampMonitor&utm_term=20%20Multi-Choice%20Questions%20on%20any%20topic%20-%20revision%20for%20Paper%203%20Revision%20quizzes%20Heres%20a%20set%20of%2020%20questions%20on%20any%20micro%20or%20macro%20topic%20from%20the%20A%20level%20in%20Economics%202017%20specification%20A%20quick%20test%20before%20the%20Paper%203%20exam

Saturday, June 17, 2017