Showing posts with label Aggregate supply.. Show all posts
Showing posts with label Aggregate supply.. Show all posts

Thursday, August 27, 2026

Technological progress

 Thanks to tutor2u https://www.youtube.com/watch?v=Bb1vG1CLaWA&t=77s

Sunday, February 01, 2015

How technology can increase productivity: The half mile long train

Great report from the BBC on the effect of automating tasks. The last sentence says the job is reduced from 12 years to 2


http://www.bbc.co.uk/news/uk-31010111#

Sunday, February 03, 2013

Unit 2: The effect of Polish migration on the UK economy

...appears to have been significant, according to this BBC clip

http://www.bbc.co.uk/news/uk-21305026#

a) Using an AD and AS diagram, comment on the effect of Polish migration on the UK economy

Sunday, January 23, 2011

Wednesday, April 14, 2010

Unit 2: Changes in AD and AS in action: The Irish economy

This great clip from Steph Flanders shows the effect of the recession on the Irish economy

http://news.bbc.co.uk/1/hi/business/8612688.stm

This article shows the response of some Irish citizens; the traditional route of Irish emigration to the rest of the world

http://news.bbc.co.uk/1/hi/world/europe/8616434.stm

a) Using an AD/AS diagram, explain the effect of the recession on the Irish economy and the government's macroeconomic objectives

Sunday, January 24, 2010

Unit 2: Economic growth in China

A really good article from anforme on economic growth in China

http://www.anforme.co.uk/blog/?p=1041

a) Using the AD equation, explain the reasons for economic growth in China
b) Using an AD/AS diagram, explain why the article arues this increased economic growth is unlikey to result in inflation in China
c) To what extent do you agree with this conclusion?