Monday, December 24, 2018

Hyperinflation in Venezuela

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

Sunday, October 21, 2018

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

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/

Saturday, May 12, 2018

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

Thursday, April 05, 2018

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

Friday, March 23, 2018

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

Friday, March 02, 2018

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


Friday, February 16, 2018

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

Wednesday, January 24, 2018

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

Sunday, January 21, 2018

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

Tuesday, January 09, 2018

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