Hyperinflation in Venezuela

Thanks to Bloomberg
https://www.bloomberg.com/news/articles/2018-08-10/venezuelan-hyperinflation-makes-a-fast-food-meal-a-nightmare

Technological advance in the shipping industry

Thanks to the BBC
https://www.bbc.co.uk/news/av/stories-46540862/smart-ships-using-the-wind-and-air-bubbles-to-save-fuel

Contestable markets

Thanks to econfix
http://blog.elearneconomics.com/a2-economics-the-need-to-move-to-more-contestable-markets/

PPP GDP by country over time

I find this mesmerising
http://blog.elearneconomics.com/top-20-country-gdp-ppp-ranking-history-1980-2023-dynamic-graphic/

Air pollution: Madrid bans old cars to reduce emissions

Thanks to the BBC
https://www.bbc.co.uk/news/world-europe-46403397
and tutor2u (inc video)
https://www.tutor2u.net/economics/blog/madrid-bans-polluting-cars-from-the-city-centre

Should we ban festive "coffee" drinks?

Possibly if you read this
https://www.birminghammail.co.uk/whats-on/food-drink-news/revealed-shocking-amount-sugar-coffee-15417010

MRP theory

Thanks to econfix
http://blog.elearneconomics.com/a2-economics-marginal-revenue-product-theory/

Perfect competition

Thanks to econfix
http://blog.elearneconomics.com/a2-revision-the-perfectly-competitive-firm-and-the-market/

A customs union explained

Thanks to the BBC
https://www.bbc.co.uk/news/av/uk-46195799/reality-check-the-customs-union-explained

China's high speed railway network

Fascinating!
https://www.youtube.com/watch?time_continue=694&v=0JDoll8OEFE

Capital intensive warehouse

Ocado
https://twitter.com/TheEconomist/status/1061352039303798785

Merger in the restaurant business

...as reported by the BBC
https://news.sky.com/story/frankie-bennys-owner-to-buy-wagamama-in-559m-deal-11539735

Budget 2018

Spending and revenue numbers from the BBC
https://www.bbc.co.uk/news/business-45814459

Policies for Economic Development

Thanks to econoicshelp
https://www.economicshelp.org/blog/4998/development/policies-for-economic-development/

Winners and losers from globalisation

Thanks to economicshelp
https://www.economicshelp.org/blog/142760/economics/winners-and-losers-from-globalisation/

Why trade deficits aren't that bad

https://theconversation.com/why-trade-deficits-arent-so-bad-104358?utm_medium=amptwitter&utm_source=twitter

Is GDP an adequate measure of development?

Thanks to tutor2u for finding this

https://www.theigc.org/blog/is-gdp-an-adequate-measure-of-development/

Inflation data from the BBC

https://www.bbc.co.uk/news/business-45886791

Canada legalises cannabis for recreational use

Thanks to Sky
https://news.sky.com/story/canada-legalises-cannabis-for-recreational-use-11527820

Real wages

Great graph to illustrate this idea in this BBC article
https://www.bbc.co.uk/news/business-45875599

Wage Price Spiral and the Long Run Phillips Curve

Thanks to econfix
http://blog.elearneconomics.com/a2-economics-wage-price-spiral-and-the-long-run-phillips-curve-2/

Perfect competition mindmap

Thanks to econfix
http://blog.elearneconomics.com/a2-revision-perfect-competition-2/

Hyperinflation causes and ends

Thanks to econfix
http://blog.elearneconomics.com/as-economics-hyperinflation-causes-and-ends/

Land reclamation in the Netherlands

Great map
https://brilliantmaps.com/netherlands-land-reclamation/

Terms of trade

Thanks to econfix
http://blog.elearneconomics.com/new-zealands-terms-of-trade-milk-powder-v-oil/

Fiscal policy mindmap

Thanks to econfix
http://blog.elearneconomics.com/as-revision-fiscal-policy/

Economies of scale

Thanks to econfix for this revision mindmap
http://blog.elearneconomics.com/a2-revision-economies-of-scale-mind-map/

Why Vanilla Is So Expensive

Thanks to tutor2u
https://www.tutor2u.net/economics/blog/why-vanilla-is-so-expensive

The joy of a customs union

https://www.bbc.co.uk/news/av/business-45590363/from-belgium-to-the-uk-the-journey-of-an-alloy-wheel

Advantages and disadvantages of devaluation

Thanks to economicshelp
https://www.economicshelp.org/blog/1299/economics/advantages-and-disadvantages-of-devaluation/

Measles outbreak in Europe

Nice story from the BBC
https://www.bbc.co.uk/news/av/health-45301399/why-is-there-a-measles-outbreak-in-europe

Why trade row could hit cost of drinks in China

Great S&D story from the BBC
https://www.bbc.co.uk/news/av/business-45297369/why-trade-row-could-hit-cost-of-drinks-in-china

Changing GDP per capita in the EU

Wonderful map from Brilliant Maps
https://libraryeuroparl.files.wordpress.com/2016/07/1.png

Hyperinflation: Venezuela predicted to hit 1 million percent

Thanks for this post from econfix and the CNN video
http://blog.elearneconomics.com/venezuela-cant-print-money-quick-enough/
and these BBC pictures
https://www.bbc.co.uk/news/world-latin-america-45246409

UK national debt

Thanks to economicshelp for this data
https://www.economicshelp.org/blog/334/uk-economy/uk-national-debt/

Is free trade the answer?

Thanks to the Guardian
https://www.theguardian.com/business/2018/aug/13/is-free-trade-always-the-answer

Trade wars, Trump tariffs and protectionism explained

Thanks to the BBC
https://www.bbc.co.uk/news/world-43512098

National wellbeing index

The ONS data
https://www.ons.gov.uk/peoplepopulationandcommunity/wellbeing/articles/measuringnationalwellbeing/qualityoflifeintheuk2018

Cash and kind: How governments shift income from rich to poor

Great article from the Sydney Morning Herald
https://www.smh.com.au/business/the-economy/cash-and-kind-how-governments-shift-income-from-rich-to-poor-20180706-p4zpui.html

Unemployment benefit as a % of average income

Great chart from the OECD

US-China trade war: Why you should care

Thanks to the BBC
https://www.bbc.co.uk/news/av/business-44697671/us-china-trade-war-why-you-should-care

Behavioural economics: Pricing coffee and disposable cups

Thanks to the BBC
https://www.bbc.co.uk/news/av/stories-44575909/plastic-coffee-cup-waste-is-being-cut-by-a-simple-change

Behavioural Economics: A Very Short Introduction

Thanks to econfix
https://www.youtube.com/watch?time_continue=39&v=5faZG83V0OY

How British is a mini?

Great clip from the BBC
https://www.bbc.co.uk/news/av/business-44581370/how-british-is-a-mini

What are tariffs and how do they affect us?

Thanks to the BBC
https://www.bbc.co.uk/news/av/44567045/what-are-tariffs-and-how-do-they-affect-us

....and so we drift in to a trade war

Thanks to Sky
https://news.sky.com/story/european-union-retaliatory-tariffs-come-into-force-11412857
and
https://www.channel4.com/news/us-china-trade-war-begins
and
https://news.sky.com/story/donald-trump-threatens-20-tariff-on-all-eu-cars-11413444
Canada's response
https://www.youtube.com/watch?v=ORaQ8IrWpZo
and EU retaliation
https://www.bbc.co.uk/news/business-44707253
...and Harley move production offshore
https://www.channel4.com/news/trump-angered-by-harley-davidsons-decision-to-move-some-production-out-of-us
and this 30 min programme from Aljazeera
https://www.youtube.com/watch?v=TWDyej7wcGQ

Using Game Theory to Explain the U.S.-China Spat

Thanks to Bloomberg
https://www.bloomberg.com/news/articles/2018-06-21/game-theory-explains-why-the-u-s-china-trade-spat-is-worsening

Norway's electric transport targets: Sustainable economic growth?

Thanks to the BBC
https://www.bbc.co.uk/news/av/world-europe-44529509/will-norway-s-electric-plane-take-off

Winners and losers from free trade

Thanks to economicshelp
https://www.economicshelp.org/blog/141607/economics/who-are-the-winners-and-losers-from-free-trade/

Government intervention in the labour market

Thanks to economicshelp
https://www.economicshelp.org/blog/141539/economics/government-intervention-in-the-labour-market/

Economics systems: Marxism and central planning

Thanks to the Economist
https://www.youtube.com/watch?time_continue=121&v=TMmDebW_OBI

Branches of economics

Thanks to economicshelp
https://www.economicshelp.org/blog/141461/economics/branches-of-economics/

NZ: Pricing cigarettes to reduce demand

Thanks to econfix
http://blog.elearneconomics.com/new-zealand-smokers-affected-most-by-inflation/

Revision: Market Failure & Government Intervention

Thanks to tutor2u
https://www.youtube.com/watch?time_continue=717&v=8h8rK12L_hc

USA China trade war – who would win?

Thanks to econfix
http://blog.elearneconomics.com/usa-china-trade-war-who-would-win/

Malaysia scraps its VAT equivalent

Can you explain both the micro and macro effects?
https://www.straitstimes.com/asia/se-asia/malaysia-expects-surge-in-sales-as-0-gst-kicks-in
and Aljazeera
https://www.youtube.com/watch?v=M6_mvB9cgrA

Paris moves to improve air quality

Thanks to the BBC
https://www.bbc.co.uk/news/av/business-44295177/paris-moves-to-improve-air-quality

Regulatory Capture: Government failure

Thanks to economicshelp for this evaluation
https://www.economicshelp.org/blog/141040/economics/regulatory-capture/

Automation: Strawberry picking

Thanks to the BBC
http://www.bbc.co.uk/news/av/business-44209333/the-strawberry-picking-robots-coming-to-a-farm-near-you

Illegal mining, negative externalities and higher chocolate prices

Great clip from the BBC
http://www.bbc.co.uk/news/av/world-africa-44176794/could-illegal-mines-in-ghana-lead-to-an-increase-in-chocolate-prices

The invisible hand

Thanks to economicshelp
https://www.economicshelp.org/blog/140917/economics/the-invisible-hand/

The Laffer Curve

Thanks to economicshelp
https://www.economicshelp.org/blog/140859/economics/the-laffer-curve/

What are the effects of a rise in the inflation rate?

Thanks to economicshelp
https://www.economicshelp.org/blog/140824/economics/what-are-the-effects-of-a-rise-in-the-inflation-rate/

The wealth effect

Thanks to economicshelp
https://www.economicshelp.org/blog/140745/economics/the-wealth-effect/

Monetary policy mind map

Thanks to econfix
http://blog.elearneconomics.com/as-a2-economics-revision-monetary-policy-mind-map/

Limiting the working week in Korea

Thanks to Aljazeera
https://www.youtube.com/watch?v=s3zezn3HE_k

Will the sugar tax work?

Nice evaluation in the second half, especially the different responses by different age groups
https://voxeu.org/content/do-soda-taxes-work

Negative externalities: The problem of China's huge bike graveyards

Thanks to the BBC
http://www.bbc.co.uk/news/av/world-asia-china-43999482/the-problem-of-china-s-huge-bike-graveyards
....and in Australia
http://www.bbc.co.uk/news/av/world-australia-42304984/bike-share-teething-pains-they-re-throwing-them-in-rivers

How do you move mountains of unwanted weed?

Thanks to the Guardian
https://www.theguardian.com/society/2018/may/09/how-oregon-grew-too-much-marijuana-to-sell?CMP=share_btn_tw

The gig economy

Thanks to economicshelp
https://www.economicshelp.org/blog/24205/labour-markets/the-gig-economy/

GDP explained

Great short video found by tutor2u
https://www.youtube.com/watch?time_continue=2&v=zbywKvR3fVU
and this critisism from econfix
http://blog.elearneconomics.com/gdp-not-the-indicator-for-wellbeing-robert-kennedy-was-right-50-years-ago/

GDPR: Action to correct market failure

Thanks to the BBC
http://www.bbc.co.uk/news/av/technology-44006602/what-is-gdpr-technology-explained

New technology: Turning the desert and city rooftops green

Fantastic stories from the BBC
http://www.bbc.co.uk/news/av/business-43975519/making-the-desert-sand-bloom
http://www.bbc.co.uk/news/av/business-44005335/johannesburg-s-rooftop-farmer

Minimum Wage for 16-18 Year olds

Thanks to economicshelp
https://www.economicshelp.org/blog/430/labour-markets/minimum-wage-for-16-18-year-olds/

The Role of Profit in an Economy

Thanks to economicshelp
https://www.economicshelp.org/blog/572/business/the-role-of-profit-in-an-economy/

The UK towns and cities with the highest and lowest wages

Thanks to the BBC
http://www.bbc.co.uk/news/business-43729508

Privatisation: Why did we sell off the railways?

Thanks to the FT for the pros/cons
https://www.youtube.com/watch?v=U6V-HDbX9A8

Minimum pricing: Scotland ends cheap booze as minimum price starts

Thanks to the BBC
http://www.bbc.co.uk/news/uk-scotland-43948081

and a video from the standard
https://www.standard.co.uk/news/uk/scotland-becomes-first-country-to-introduce-minimum-alcohol-unit-price-a3827686.html

and Reuters
https://uk.reuters.com/article/uk-britain-scotland-alcohol/scotland-introduces-minimum-alcohol-pricing-to-cut-deaths-idUKKBN1I236T

and Sky
https://news.sky.com/story/scotland-becomes-first-country-to-introduce-minimum-unit-alcohol-price-to-cut-deaths-11354421

Sainsurys and Asda propose merging

Thanks to tutor2u for this collection
https://www.tutor2u.net/economics/blog/sainsburys-and-asda-set-for-giant-retail-merger?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Sun%2029th%20April%202018&utm_content=Economics%20daily%20digest%20Sun%2029th%20April%202018+CID_92acf4d2adbfcd3b3c1889103be5bd92&utm_source=CampMonitor&utm_term=Sainsburys%20and%20Asda%20set%20for%20giant%20retail%20merger%20This%20could%20be%20one%20of%20those%20mega-mergers%20in%20the%20UK%20retail%20sector%20that%20sends%20huge%20ripples%20through%20the%20industry%20and%20will%20be%20the%20gift%20that%20keeps%20on%20giving%20for%20economics
and Ch4
https://www.channel4.com/news/supermarket-giants-announce-merger-plans

and the arguments for from the BBC
http://www.bbc.co.uk/news/av/business-43954635/sainsbury-s-boss-says-cost-cuts-will-bring-down-prices and
http://www.bbc.co.uk/news/av/business-43953603/sainsbury-s-asda-merger-change-at-the-checkouts

and Sky
https://news.sky.com/story/the-10-price-cut-gamble-at-the-heart-of-supermarket-mega-merger-11354059

and Ch4
https://www.channel4.com/news/sainsburys-confirms-merger-with-asda

and this summary from economicshelp
https://www.economicshelp.org/blog/140304/business/benefits-and-costs-of-sainsbury-asda-meger/

EU votes for a permanent ban on bee-harming pesticides

Thanks to Aljazeera
https://www.youtube.com/watch?v=_nzVfkLsgHg

Can tariffs really save an industry?

Thanks to the BBC
http://www.bbc.co.uk/news/av/business-43896268/can-tariffs-really-save-an-industry

Why is economic growth so poor?

Thanks to the BBC
http://www.bbc.co.uk/news/business-43919426

Finland abandons its Basic Income experiment

Thanks to the I
https://inews.co.uk/news/world/universal-basic-income-why-did-finlands-free-money-experiment-fail/

Supply side policies

Good advice!
https://twitter.com/tutor2uGeoff/status/989055031038144515

How does the multiplier effect influence fiscal policy?

Thanks to economicshelp
https://www.economicshelp.org/blog/140065/economics/how-does-the-multiplier-effect-influence-fiscal-policy/

Automation in the asparagus industry

Thanks to the BBC
http://www.bbc.co.uk/news/av/technology-43824607/meet-the-robots-that-can-pick-and-plant-better-than-we-can

The price of straw

Thanks to the BBC
http://www.bbc.co.uk/news/business-43821985

Automated cow milking

Thanks to the BBC
http://www.bbc.co.uk/news/av/uk-england-sussex-43790105/these-cows-on-a-farm-near-midhurst-queue-to-milk-themselves

Open skies in Africa: A supply side policy

Thanks to the BBC
http://www.bbc.co.uk/news/av/business-43839315/will-africa-s-open-skies-project-take-off

Production and factors of production

Thanks to tutor2u
https://www.youtube.com/watch?time_continue=2&v=BkAxtCUe94s

Grocery market share

https://s3-eu-west-1.amazonaws.com/tutor2u-media/subjects/economics/statistic_id280208_grocery-market-share-in-great-britain-2015-2017.png?mtime=20180414081954

The railways:Privatisation or nationalisation?

Thanks to the FT
https://www.youtube.com/watch?time_continue=3&v=U6V-HDbX9A8
and tutor2u
https://www.tutor2u.net/economics/reference/economics-of-rail-nationalisation?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Mon%2016th%20April%202018&utm_content=Economics%20daily%20digest%20Mon%2016th%20April%202018+CID_154f61c00b2914ddddd4e97cc5a25b90&utm_source=CampMonitor&utm_term=Economics%20of%20Rail%20Nationalisation%20Study%20notes%20Should%20the%20UK%20railway%20industry%20be%20taken%20back%20into%20public%20ownership

Wage rates in particular occupations

Try to explain this
https://twitter.com/twitter/statuses/984541935271596035

Sugar tax: Arguments against

https://www.tutor2u.net/economics/blog/misguided-sugar-tax-unlikely-to-be-effective-in-tackling-obesity?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Fri%2013th%20April%202018&utm_content=Economics%20daily%20digest%20Fri%2013th%20April%202018+CID_000a01e54b5d4636f2ec74b88df95b21&utm_source=CampMonitor&utm_term=Misguided%20sugar%20tax%20unlikely%20to%20be%20effective%20in%20tackling%20obesity%20One%20of%20George%20Osbornes%20last%20acts%20as%20Chancellor%20in%202016%20was%20to%20announce%20the%20so-called%20sugar%20tax%20This%20has%20now%20duly%20come%20into%20force%20in%20line%20with%20the%20original%20timetable

Trade wars and the lessons from history

Thanks to Sky
https://news.sky.com/story/why-uschina-trade-dispute-has-historians-nervous-11326394

Balance of payment test

A tutor2u matching exercise
https://www.tutor2u.net/economics/reference/balance-of-payments-key-term-match-up-activity?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Thu%2012th%20April%202018&utm_content=Economics%20daily%20digest%20Thu%2012th%20April%202018+CID_c035236e7f800e453384b8f7a142b8f0&utm_source=CampMonitor&utm_term=Balance%20of%20Payments%20-%20Key%20Term%20Match%20Up%20activity%20Revision%20quizzes%20In%20this%20activity%20you%20have%20to%20match%20the%20components%20of%20the%20Current%20and%20the%20Capital%20and%20Financial%20Accounts%20to%20their%20definitions

Microeconomics diagrams

Thanks to tutor2u
https://www.tutor2u.net/economics/reference/microeconomics-diagram-in-your-pocket

Edexcel past paper link

https://qualifications.pearson.com/en/qualifications/edexcel-a-levels/economics-a-2015.coursematerials.html#filterQuery=Pearson-UK:Category%2FExam-materials

Sugar tax implemented

Thanks to the BBC
http://www.bbc.co.uk/news/health-43659124
and Sky
https://news.sky.com/story/tax-on-sugary-soft-drinks-comes-into-force-to-combat-child-obesity-11317978
and an interesting post from the behavioural insights team
http://www.behaviouralinsights.co.uk/health/sugaring-the-bill-why-lower-revenue-from-the-sugar-tax-is-probably-a-good-thing/

Negative externalities from a Russian landfill site

Thanks to the BBC
http://www.bbc.co.uk/news/av/world-europe-43630798/russians-protest-over-toxic-landfill-near-moscow

Topic Revision: Behavioural Economics

Lots from tutor2u
https://www.tutor2u.net/economics/collections/behavioural-economics-revision?utm_medium=email&utm_campaign=More%20Help%20for%20A%20Level%20Econ%20Revision&utm_content=More%20Help%20for%20A%20Level%20Econ%20Revision+CID_8df36bac18dd1fe5f236cec092ba7ac9&utm_source=CampMonitor&utm_term=Behavioural%20Economics%20Revision

Topic Revision: Financial Economics

Lots from tutor2u
https://www.tutor2u.net/economics/collections/financial-economics?utm_medium=email&utm_campaign=More%20Help%20for%20A%20Level%20Econ%20Revision&utm_content=More%20Help%20for%20A%20Level%20Econ%20Revision+CID_8df36bac18dd1fe5f236cec092ba7ac9&utm_source=CampMonitor&utm_term=Financial%20Economics%20Revision

Topic Revision: Labour Market Economics

Lots from tutor2u
https://www.tutor2u.net/economics/collections/labour-market-economics?utm_medium=email&utm_campaign=More%20Help%20for%20A%20Level%20Econ%20Revision&utm_content=More%20Help%20for%20A%20Level%20Econ%20Revision+CID_8df36bac18dd1fe5f236cec092ba7ac9&utm_source=CampMonitor&utm_term=Labour%20Markets%20Revision

Vertical gardens and positive externalities

https://twitter.com/precisionhomes_/status/980062960776302592?t=1&cn=ZmxleGlibGVfcmVjc18y&refsrc=email&iid=b3e1b29a6b7346ad9205c55bbf6915c7&uid=625863503&nid=244+281088008

In Too Deep: The race to save our seas from the Tragedy of the Commons

Thanks to Sky
https://www.youtube.com/watch?time_continue=2045&v=OgpqdOUm6Hc

Retaliation: The downside of tariffs

What China decided
https://www.youtube.com/watch?v=ICNB0q0lyRc video
and http://www.bbc.co.uk/news/world-asia-43614400 article
and, thanks to Aljazeera, possible effects on USA pig farmers
https://www.youtube.com/watch?v=kz8ilkPqN28

and then it escalates
https://www.youtube.com/watch?v=zofsQSTOnY4
https://www.youtube.com/watch?v=-FccChwl504

Evaluation for Micro Economics

Thanks to economicshelp
https://www.economicshelp.org/blog/573/economics/evaluation-for-micro-economics/

The gender pay gap

Thanks to the FT
https://www.youtube.com/watch?v=g97rrVFhWcA

The Apprenticeship Levy - A Case of Government Failure?

Thanks to tutor2u
https://www.tutor2u.net/economics/blog/the-apprenticeship-levy-a-case-of-government-failure?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Sat%2031st%20March%202018&utm_content=Economics%20daily%20digest%20Sat%2031st%20March%202018+CID_2e78607e240203b88615a010b183f795&utm_source=CampMonitor&utm_term=The%20Apprenticeship%20Levy%20-%20A%20Case%20of%20Government%20Failure%20An%20article%20here%20that%20highlights%20the%20fact%20the%20Apprenticeship%20Levy%20doesnt%20appear%20to%20be%20working%20Not%20only%20does%20it%20force%20firms%20to%20contribute%20to%20funding%20such%20schemes%20all%20employers%20with

Universal basic income

A nice summary
https://www.tutor2u.net/economics/blog/money-for-nothing-will-a-basic-income-work?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Mon%2026th%20March%202018&utm_content=Economics%20daily%20digest%20Mon%2026th%20March%202018+CID_ee3b682d2a41b22f48740ac454669424&utm_source=CampMonitor&utm_term=Money%20for%20Nothing%20-%20Will%20a%20Basic%20Income%20Work%20Ian%20Stewart%20from%20Deloitte%20offers%20a%20personal%20perspective%20on%20the%20advantages%20and%20disadvantages%20of%20introducing%20some%20form%20of%20a%20basic%20income%20scheme

FDI: Advantages and disadvantages

Thanks to economicshelp
https://www.economicshelp.org/blog/297/trade/capital-flow-benefits-and-disdavantages/

Africa's free trade deal

Thanks to the BBC
https://www.youtube.com/watch?v=TsWNc9BusJ4

Multiple choice: Market failure

Thanks to tutor2u
https://www.tutor2u.net/economics/reference/the-edge-in-a-level-economics-mcq-blast-on-market-failure-and-government-intervention?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Fri%2023rd%20March%202018&utm_content=Economics%20daily%20digest%20Fri%2023rd%20March%202018+CID_acb8517e18182a2439ca724c6057817f&utm_source=CampMonitor&utm_term=The%20Edge%20in%20A%20Level%20Economics%20MCQ%20Blast%20on%20Market%20Failure%20and%20Government%20Intervention%20Practice%20exam%20questions%20This%20is%20a%20revision%20lesson%20version%20of%20the%20recent%20MCQ%20blast%20revision%20webinar%20on%20Market%20Failure%20and%20Government%20Intervention%20Great%20revision%20practice%20for%20Year%201%20micro

Multiple choice : AD and AS

Thanks to tutor2u
https://www.tutor2u.net/economics/reference/the-edge-in-a-level-economics-mcq-blast-on-aggregate-demand-and-aggregate-supply?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Fri%2023rd%20March%202018&utm_content=Economics%20daily%20digest%20Fri%2023rd%20March%202018+CID_acb8517e18182a2439ca724c6057817f&utm_source=CampMonitor&utm_term=The%20Edge%20in%20A%20Level%20Economics%20MCQ%20Blast%20on%20Aggregate%20Demand%20and%20Aggregate%20Supply%20Practice%20exam%20questions%20Here%20is%20a%20MCQ%20Revision%20Blast%20session%20covering%20ten%20questions%20on%20aggregate%20demand%20and%20supply%20Great%20to%20test%20your%20understanding%20as%20you%20revise%20key%20Year%201%20macro%20concepts

Ratio of GNI to GDP for Ireland

https://fred.stlouisfed.org/graph/?g=j6NO

Debt, borrowing and spending statistics for UK economy

Thanks to the BBC
http://www.bbc.co.uk/news/av/uk-politics-43388487/debt-borrowing-and-spending-statistics-for-uk-economy

Vanilla: A product with inelastic supply

Thanks to the BBC
http://www.bbc.co.uk/news/av/business-43432015/vanilla-pod-farmer-timing-is-everything

Renewed economic growth in Ireland

Great article from Sky explaining the reasons for Ireland's spectacular growth
https://news.sky.com/story/irish-economy-smiling-as-gdp-growth-beats-eurozone-rivals-11291043

The pros and cons of globalisation

Thanks to econfix
http://blog.elearneconomics.com/the-pros-and-cons-of-globalisation/

Information failure examples

Thanks to tutor2u
https://www.tutor2u.net/economics/blog/information-failure-topical-examples?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Fri%2016th%20March%202018&utm_content=Economics%20daily%20digest%20Fri%2016th%20March%202018+CID_4529985463beb3e0c59000f4ac818d72&utm_source=CampMonitor&utm_term=Information%20Failure%20-%20Topical%20Examples%20Here%20are%20some%20recent%20articles%20and%20news%20features%20covering%20aspects%20of%20information%20failure%20in%20markets

Problems with the Norwegian sugar tax

Thanks to the BBC
http://www.bbc.co.uk/news/av/health-43381411/sugar-tax-the-norwegians-travelling-to-sweden-for-sweets

The Volvo Ocean Race and the Multiplier Effect.

Thanks to econfix
http://blog.elearneconomics.com/volvo-ocean-race-and-the-multiplier-effect/

US tariffs: What do we need to know?

Thanks to the BBC
http://www.bbc.co.uk/news/av/business-43343983/us-tariffs-what-do-we-need-to-know
and
http://www.bbc.co.uk/news/av/business-43345968/trump-s-steel-tariffs-what-harm-could-they-do
and the potential backlash
https://www.youtube.com/watch?v=HN1ijWl_93I

Brexit: Different policies on the single market and customs union

Interesting post from the BBC
http://www.bbc.co.uk/news/av/uk-politics-43332832/brexit-different-policies-on-the-single-market-and-customs-union

Import tariffs on Australian beef set to fall: The effects

Thanks to Aljazeera
https://www.youtube.com/watch?v=YSh_TxjgEY4

Calories and your daily diet

A case of information failure in the market?
http://www.bbc.co.uk/news/av/newsbeat-43314187/guess-how-many-calories-are-in-your-lunch

The effect of US steel tariffs

Thanks to economicshelp for this evaluation
https://www.economicshelp.org/blog/24571/trade/impact-of-us-tariffs/

Automation: Burger-flipping robot begins first shift

Thanks to the BBC
http://www.bbc.co.uk/news/av/technology-43292047/burger-flipping-robot-begins-first-shift

Wealth inequality in the USA

Stunning graph
https://rwer.wordpress.com/2018/03/06/if-poor-people-knew-how-rich-rich-people-are-there-would-be-riots-in-the-streets/

Snow disruption to cost UK economy £900 million a day

...so lower GDP?
https://www.channel4.com/news/snow-disruption-to-cost-uk-economy-900-million-a-day

This is how a trade war starts

Thanks to the BBC
http://www.bbc.co.uk/news/world-us-canada-43270388
and
https://twitter.com/twitter/statuses/969735526688411648
and Europes potential reply
https://news.sky.com/story/eu-threatens-us-orange-juice-exports-as-trade-row-turns-sour-11279888

GDP and SoL: South Korea reduces working week

Thanks to Arirang news
https://www.youtube.com/watch?v=B2xOpoDALFM

German diesel car ban: Actions to reduce market failure

German courts rule in favour of the legislation as Aljazeera explains
https://www.youtube.com/watch?v=A9ggC4MtfdU

Hyperinflation: Venezuelan cash crisis: Where a coffee costs wads of banknotes

Thanks to the BBC
http://www.bbc.co.uk/news/av/world-latin-america-43176522/venezuelan-cash-crisis-where-a-coffee-costs-wads-of-banknotes

Customs Union – advantages and disadvantages

Thanks to economicshelp
https://www.economicshelp.org/blog/138713/economics/customs-union/

The gender pay gap

A series of articles/data from the Guardian
https://www.theguardian.com/news/series/gender-pay-gap

Monetary policy quiz

Thanks to tutor2u
https://www.tutor2u.net/economics/reference/monetary-policy-quizlet-revision-activity?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Thu%201st%20March%202018&utm_content=Economics%20daily%20digest%20Thu%201st%20March%202018+CID_b2b5825e5fb1b9055f41d2f7c8b2dca8&utm_source=CampMonitor&utm_term=Monetary%20Policy%20Quizlet%20Revision%20Activity%20Revision%20quizzes%20Here%20is%20a%20revision%20matching%20quiz%20covering%20twelve%20key%20concepts%20used%20when%20studying%20monetary%20policy

Trump commits to hard protectionism

Thanks to tutor2u for this summary
https://www.tutor2u.net/economics/blog/trump-commits-to-hard-protectionism?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Fri%202nd%20March%202018&utm_content=Economics%20daily%20digest%20Fri%202nd%20March%202018+CID_df1ccb1f943e3d72a19bf83a6baa28b0&utm_source=CampMonitor&utm_term=Trump%20commits%20to%20hard%20protectionism%20It%20has%20been%20a%20while%20coming%20but%20we%20now%20appear%20to%20be%20on%20the%20verge%20of%20the%20Trump%20administration%20making%20a%20decisive%20move%20towards%20a%20protectionist%20stance%20with%20the%20imposition
and Aljazeera
https://www.youtube.com/watch?v=yNOhCovGJp8

The avocado market

Thanks to econfix
http://blog.elearneconomics.com/the-avocado-market-prices-up-by-143/

NZ boom

Thanks to econfix for this
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11999023

Automation

I love these

Packing a foam mattrass
https://twitter.com/twitter/statuses/965691925712875521
and
Unripe tomatos
https://twitter.com/twitter/statuses/938538155057209344
and
Doughnuts
https://twitter.com/twitter/statuses/966068408541261829

PPP and the Big Mac index

Nice video trying to explain relative purchasing power of money
https://www.youtube.com/watch?time_continue=63&v=CmaoWTNXi6U
and worksheet
http://blog.elearneconomics.com/big-mac-index-january-2018-worksheet/

Denmark: Sustainable growth

Interesting power plan
https://www.youtube.com/watch?v=PfvqGwoZAq8

Sustainability: Pumped Hydro

Thanks to Aljazeera
https://www.youtube.com/watch?v=jCv63Rr1EqY

Full employment and the NAIRU

Thanks to econfix
http://blog.elearneconomics.com/full-v-fulfilling-employment-2/

Sustainable economic growth: Addis Ababa

Great clip from the BBC. Lots of positive and negative externalities as well
http://www.bbc.co.uk/news/av/business-43086997/energy-from-rubbish-to-power-addis-ababa
and a similar plant in Hull
http://www.bbc.co.uk/news/av/business-43086997/energy-from-rubbish-to-power-addis-ababa
and power from nappies!
http://www.bbc.co.uk/news/av/business-43086997/energy-from-rubbish-to-power-addis-ababa
and power from poo in Accra
http://www.bbc.co.uk/news/av/world-africa-34802143/cop21-ghana-s-green-energy-gamble-on-poo-power

Income inequality: Consultants

Thanks to the BBC
http://www.bbc.co.uk/news/health-43077465

Is this a case of information failure?

If so, what if any actions should the government take?
https://news.sky.com/story/household-items-like-perfume-as-bad-as-cars-for-pollution-scientists-say-11252527
and
http://www.bbc.co.uk/news/science-environment-43084642

Financial Economics: Financial Stability in the UK Economy (Revision Webinar)

Thanks to tutor2u
https://www.tutor2u.net/economics/reference/financial-economics-financial-stability-in-the-uk-economy-revision-webinar?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Fri%2016th%20February%202018&utm_content=Economics%20daily%20digest%20Fri%2016th%20February%202018+CID_67a596623c1545ca7141ff662f349446&utm_source=CampMonitor&utm_term=Financial%20Economics%20Financial%20Stability%20in%20the%20UK%20Economy%20Revision%20Webinar%20Student%20videos%20In%20this%20revision%20webinar%20we%20look%20at%20why%20maintaining%20financial%20stability%20has%20become%20increasingly%20important%20for%20UK%20policy-makers%20in%20the%20aftermath%20of%20the%20Great%20Recession%20that%20followed%20the%20Global%20Financial

Why are football players paid so much?

Thanks to the BoE
http://edu.bankofengland.co.uk/knowledgebank/why-are-football-players-paid-so-much/?utm_source=twitter&utm_medium=social&utm_content=whyarefootballplayerspaidsomcuh&utm_campaign=knowledgebank

Contestable Markets: Lidl and Aldi continue their rapid growth

Thanks to tutor2u
https://www.tutor2u.net/economics/blog/contestable-markets-lidl-and-aldi-continue-their-rapid-growth?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+economics_news+%28tutor2u+Economics+Blog%29

Negative externalities from flower production

The downside of Kenya's flower industry
https://twitter.com/twitter/statuses/963860562470940675
and
https://www.youtube.com/watch?time_continue=34&v=0cwvk449PxA

Is Kenya losing its comparative advantage in flower production?

It looks like it, but it may not be due to market forces
http://www.dw.com/en/kenyas-economy-relies-heavily-on-its-cut-flower-industry/av-42577341

Problems with the gig economy

Market failure in the labour market?
http://www.bbc.co.uk/news/av/uk-43040459/viewsnight-why-are-the-apps-of-the-future-using-victorian-working-practices

The Changing Phillips Curve in the UK Economy

Thanks to tutor2u
https://www.tutor2u.net/economics/reference/the-changing-phillips-curve-in-the-uk-economy?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+economics_news+%28tutor2u+Economics+Blog%29

Inflation:Adv and Disadv

Thanks to economicshelp
https://www.economicshelp.org/blog/315/inflation/inflation-advantages-and-disadvantages/

Price discrimination: Valentines cards

Amazing story from the BBC
http://www.bbc.co.uk/news/uk-england-stoke-staffordshire-42982713

Natural rate of unemployment

Thanks to the Economist
https://www.economist.com/news/economics-brief/21727050-policymakers-have-spent-half-century-search-natural-rate-unemployment?fsrc=scn/tw/te/bl/ed/thenaturalrateofunemployment

UK imports and exports in six charts

Thanks to the BBC
http://www.bbc.co.uk/news/business-41413558

Hyperinflation data

Thanks to the Economist
https://www.economist.com/blogs/graphicdetail/2018/02/daily-chart-1?%3Ffsrc%3Dscn%2F=tw%2Fdc&fsrc=scn%2Ftw%2Fte%2Fbl%2Fed%2F

How does the stock market affect the economy?

A timely post from economicshelp
https://www.economicshelp.org/blog/221/stock-market/how-does-the-stock-market-effect-the-economy-2/

The labour market for pilots

Thanks to the BBC
http://www.bbc.co.uk/news/av/business-42917181/pilot-shortage-who-s-going-to-fly-our-planes

Investment comparisons between countries

https://data.worldbank.org/indicator/NE.GDI.FTOT.ZS?locations=AU-US-CN
and G7 comparison
https://www.ons.gov.uk/economy/grossdomesticproductgdp/articles/aninternationalcomparisonofgrossfixedcapitalformation/2017-11-02#gross-fixed-capital-formation-as-a-percentage-of-gross-domestic-product

Germany's rising trade surplus

Great graph and explanation in this
http://blog.elearneconomics.com/imf-calls-for-germany-to-change-its-trade-policy/

The problems arising from plastic

Thanks to tutor2u for finding this
https://www.youtube.com/watch?time_continue=1193&v=oRQLilXLAIU

The multiplier effect of a new road

Thanks to tutor2u
https://www.youtube.com/watch?time_continue=97&v=SVDSp9qk6hQ

Shrinkflation

Interesting BBC article
http://www.bbc.co.uk/news/uk-42864685

US import tariffs on Argentina biofuels hurt producers

Thanks to Aljazeera
https://www.youtube.com/watch?v=tL4vz7W5WaQ

Singapore bans vaping: Correcting market failure or creating government failure?

Nice clip from the BBC. Surely a case of government acting on incomplete information
http://www.bbc.co.uk/news/av/world-asia-42900963/singapore-vaping-ban-my-last-legal-puff

What explains the volatility of oil and food prices?

Thanks to economicshelp
https://www.economicshelp.org/blog/2601/economics/what-explains-volatility-of-oil-and-food-prices/

Causes of Boom and Bust Cycles

Thanks to economicshelp
https://www.economicshelp.org/blog/5030/economics/causes-of-boom-and-bust-cycles/

Automation – benefits and costs

Thanks to economicshelp
https://www.economicshelp.org/blog/25163/economics/automation/

QE explained

Thanks to tutor2u
https://www.tutor2u.net/economics/blog/is-qe-a-magic-money-tree?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Wed%2031st%20January%202018&utm_content=Economics%20daily%20digest%20Wed%2031st%20January%202018+CID_d035025bfa8a52577461ce181ed78b7e&utm_source=CampMonitor&utm_term=Is%20QE%20a%20Magic%20Money%20Tree%20I%20think%20that%20many%20A%20level%20students%20would%20agree%20that%20QE%20can%20be%20quite%20hard%20to%20get%20their%20heads%20around%20Its%20a%20help%20when%20they%20realise%20that%20it%20is%20not

The sugar tax explained

https://www.youtube.com/watch?v=pFk0q7YWvNo&feature=youtu.be

Production: Making Heinz beans

Thanks to tutor2u for finding this
https://www.youtube.com/watch?time_continue=168&v=G6O2zTuGOVQ

Scarcity: Sand

Thanks to Aljazeera
https://www.youtube.com/watch?v=Tq6RjtrdXcg

Farm subsidies in the UK

Thanks to economicshelp
https://www.economicshelp.org/blog/21641/agriculture/farming-subsidies-in-the-uk/

UK economic growth 2017

Thanks to Ch4
https://www.channel4.com/news/growth-rises-faster-than-expected-at-end-of-2017

Pricing at a disequilibrium: Nutella

Great story from the BBC
http://www.bbc.co.uk/news/av/world-europe-42838872/nutella-sale-causes-scrums-in-french-supermarkets
and Sky
https://news.sky.com/story/nutella-sale-sparks-riots-as-french-go-nuts-for-chocolate-spread-11222849

Players salaries in the IPL

Thanks to the BBC
http://www.bbc.co.uk/news/av/world-asia-india-42828805/ipl-players-to-go-for-millions-at-biggest-ever-auction

Airline price discrimination

Thanks to econfix
http://blog.elearneconomics.com/airline-price-discrimination/

Externalities: Hong Kong light pollution ruins residents' sleep

Thanks to Aljazeera
https://www.youtube.com/watch?v=1DpcbpeQTC4

Sky/Fox merger and public interest

Thanks to tutor2u for this collection
https://www.tutor2u.net/economics/blog/sky-fox-merger-and-public-interest?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Wed%2024th%20January%202018&utm_content=Economics%20daily%20digest%20Wed%2024th%20January%202018+CID_507f5319b496ffdfab76b791621c4708&utm_source=CampMonitor&utm_term=SkyFox%20merger%20and%20public%20interest%20It%20seems%20like%20the%20proposed%20merger%20between%20Sky%20and%20Fox%20has%20been%20on%20the%20cards%20for%20ages%20and%20plenty%20has%20been%20written%20about%20the%20subject%20including%20on%20this%20website

Protectionism: Import Tariffs

Thanks to tutor2u
https://www.tutor2u.net/economics/blog/protectionism-import-tariffs-in-the-news?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Wed%2024th%20January%202018&utm_content=Economics%20daily%20digest%20Wed%2024th%20January%202018+CID_507f5319b496ffdfab76b791621c4708&utm_source=CampMonitor&utm_term=Protectionism%20Import%20Tariffs%20in%20the%20News%20The%20United%20States%20and%20India%20have%20both%20announced%20severe%20import%20tariffs%20on%20solar%20panels%20sourced%20from%20China%20Two%20good%20topical%20examples%20to%20add%20to%20your%20A-level%20Economics%20notes%20on%20trade

Economic Development: Vietnam Rising

Thanks to tutor2u
https://www.tutor2u.net/economics/blog/economic-development-vietnam-rising?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Wed%2024th%20January%202018&utm_content=Economics%20daily%20digest%20Wed%2024th%20January%202018+CID_507f5319b496ffdfab76b791621c4708&utm_source=CampMonitor&utm_term=Economic%20Development%20Vietnam%20Rising%20Here%20are%20two%20new%20videos%20from%20the%20IMF%20focusing%20on%20growth%20and%20development%20drivers%20in%20the%20fast-growing%20Vietnamese%20economy

The sugar tax explained

Thanks to the BBC
http://www.bbc.co.uk/news/av/uk-politics-42793821/sugar-tax-drinks-becoming-pricier-and-in-smaller-bottles

Surge pricing re the Superbowl

via Twitter
https://twitter.com/darrenrovell/status/955275654857216001

Capital is substituted for labour: Amazon's no checkout store

Thanks to the BBC
http://www.bbc.co.uk/news/av/world-us-canada-42783652/amazon-opens-its-first-grocery-store-in-seattle-with-no-tills
and sky
https://news.sky.com/story/amazon-opens-supermarket-with-no-check-outs-11218051

Creative destruction

Thanks to economicshelp
https://www.economicshelp.org/blog/20255/economics/creative-destruction/

Weights: How did households budget in 1957?

Thanks to the BBC
http://www.bbc.co.uk/news/business-42735294

Market failure in the Chinese bike hire market

We've not yet had this problem in Cambridge, but it's early days for the system
https://www.youtube.com/watch?v=21CbXA1WEUs

Would a four-day week boost productivity?

Thanks to the BBC
http://www.bbc.co.uk/news/av/business-42709955/would-a-four-day-week-boost-productivity

'Seven fewer' McVitie's Digestives in packs

Another example of shrinkflation
https://news.sky.com/story/seven-fewer-mcvities-digestives-in-packs-because-of-brexit-11213339

How The Bank of England set interest rates

Thanks to economicshelp
https://www.economicshelp.org/blog/2597/interest-rates/how-the-bank-of-england-set-interest-rates/

Monetary and Fiscal Policy in the UK

Thanks to economicshelp
https://www.economicshelp.org/blog/113/uk-economy/monetary-and-fiscal-policy-in-the-uk/

Is free trade good or bad?

Thanks to the BBC
http://www.bbc.co.uk/news/business-38209407

Herding behaviour

Thanks to economicshelp
https://www.economicshelp.org/blog/137494/concepts/herding-behaviour/

Market Failure in the Housing Market

Thanks to economicshelp
https://www.economicshelp.org/blog/338/economics/market-failure-in-the-housing-market/

Surge pricing

Thanks to the BBC
http://www.bbc.co.uk/news/av/business-42661404/surge-pricing-how-it-works-and-how-to-avoid-it

The economics of a sugar tax

Thanks to tutor2u
https://www.tutor2u.net/economics/reference/economics-of-a-sugar-tax?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Tue%2016th%20January%202018&utm_content=Economics%20daily%20digest%20Tue%2016th%20January%202018+CID_29baa90388bef52c9fd2d05c7fc2b6a9&utm_source=CampMonitor&utm_term=Economics%20of%20a%20Sugar%20Tax%20Student%20videos%20Is%20the%20UK%20tax%20on%20high%20sugar%20drinks%20an%20effective%20and%20equitable%20government%20intervention%20to%20help%20address%20the%20growing%20social%20costs%20arising%20from%20our%20consumption%20of%20high%20sugar%20drinks

Mexico City to reform traffic laws over 🚔 accidents

Great examples of government action to reduce market failure
https://www.youtube.com/watch?v=zHIjavbKwlA

Automation video

Great find by tutor2u
https://www.youtube.com/watch?time_continue=125&v=hhGad3juAGg

The sugar tax: Pros and cons

Thanks to tutor2u for this collection
https://www.tutor2u.net/economics/reference/government-intervention-sugar-taxes?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Fri%2012th%20January%202018&utm_content=Economics%20daily%20digest%20Fri%2012th%20January%202018+CID_ca064ab7aa3e000e805ad02067e5be40&utm_source=CampMonitor&utm_term=Government%20Intervention%20-%20Sugar%20Taxes%20Study%20notes%20The%20UK%20government%20is%20introducing%20a%20tax%20on%20high-sugar%20drinks%20and%20may%20well%20expand%20the%20indirect%20tax%20to%20foods%20that%20have%20a%20high%20sugar%20content%20Is%20this%20an%20effective%20and

UK bans microbeads

Thanks to tutor2u
https://www.tutor2u.net/economics/blog/uk-bans-microbeads?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Tue%209th%20January%202018&utm_content=Economics%20daily%20digest%20Tue%209th%20January%202018+CID_7125b801b2af9af83200895863f9f3fd&utm_source=CampMonitor&utm_term=UK%20bans%20microbeads%20A%20really%20good%20example%20of%20government%20intervention%20A%20ban%20has%20come%20into%20force%20for%20the%20use%20of%20microbeads%20in%20products%20such%20as%20shampoo%20and%20toothpaste%20Other%20countries%20are%20following%20suit

Latte Levy - a surcharge for use of takeaway paper cups

Thanks to tutor2u
https://www.tutor2u.net/economics/blog/the-latte-levy-a-surcharge-for-use-of-takeaway-paper-cups?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Sat%206th%20January%202018&utm_content=Economics%20daily%20digest%20Sat%206th%20January%202018+CID_c3c5cb6b76644e51406916af9c9a1514&utm_source=CampMonitor&utm_term=Latte%20Levy%20-%20a%20surcharge%20for%20use%20of%20takeaway%20paper%20cups%20MPs%20are%20calling%20for%20a%20law%20that%20would%20introduce%20a%20surcharge%20of%2025p%20for%20the%20use%20of%20takeaway%20paper%20cups%20used%20for%20hot%20drinks%20purchased%20from%20coffee%20shops

Richard Thaler & Behavioural Economics - The Man, The Ideas

Via tutor2u
https://www.youtube.com/watch?v=6Zhn6vGqMxI

How airlines price flights

Via tutor2u
https://www.youtube.com/watch?v=72hlr-E7KA0

'Fat Cat Thursday' - 04 January 2018

Thanks to tutor2u
https://www.tutor2u.net/economics/blog/fat-cat-thursday-04-january-2018?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Fri%205th%20January%202018&utm_content=Economics%20daily%20digest%20Fri%205th%20January%202018+CID_64dcc5ecfb0ac236aaae30ac0777246a&utm_source=CampMonitor&utm_term=Fat%20Cat%20Thursday%20-%2004%20January%202018%20If%20you%20werent%20aware%20today%20is%20classified%20as%20Fat%20Cat%20Thursday%20by%20Think%20Tank%20High%20Pay%20Centre%20The%20concept%20exists%20to%20show%20how%20by%20comparing%20the%20average%20wage%20of%20the

The gender pay gap

Thanks to Ch4
https://www.channel4.com/news/gender-pay-gap-revealed

Is globalisation irreversible?

Thanks to economicshelp
https://www.economicshelp.org/blog/137086/trade/is-globalisation-irreversible/

Should we tax coffee cups?

Thanks to Ch4
https://www.channel4.com/news/mps-propose-25p-latte-levy-on-coffee-cups
and the BBC
http://www.bbc.co.uk/news/av/uk-42574883/latte-levy-would-you-pay-25p-for-your-coffee-cup