What's the effect of a sales tax on the economy?

Japan believes it will decrease consumption according to this Aljazeera report

http://video.aljazeera.com/channels/eng/videos/japan-delays-sales-tax-hike-to-boost-economy/4923133886001

Is this a case of information failure?

Would demand for these really be growing if consumers had full information on the product? Should governments intervene in this new market?
http://www.bbc.co.uk/news/uk-36432082

Macroeconomic data on China

Lots in this tutor2u presentation
http://www.tutor2u.net/economics/reference/china-a-country-in-transition-to-a-new-normal?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Mon%2030th%20May%202016&utm_content=Economics%20daily%20digest%20Mon%2030th%20May%202016+CID_8083e19811ad450fad20a56f80688e59&utm_source=CampMonitor&utm_term=China%20-%20A%20Country%20in%20Transition%20to%20a%20New%20Normal%20Revision%20videos%20These%20are%20the%20revision%20slides%20from%20a%20live%20revision%20webinar%20on%20key%20recent%20developments%20in%20the%20Chinese%20economy

Why the price of petrol is rising in the USA

Great use of S&D in this BBC clip
http://www.bbc.co.uk/news/business-36402665

Sustainable growth and development in Bangladesh

Thanks to tutor2u for finding this video
http://www.tutor2u.net/economics/blog/solar-power-growth-and-development-in-bangladesh?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Thu%2012th%20May%202016&utm_content=Economics%20daily%20digest%20Thu%2012th%20May%202016+CID_c7a7eb39e88073cc9e0cd065ea19f533&utm_source=CampMonitor&utm_term=Solar%20Power%20-%20Growth%20and%20Development%20in%20Bangladesh%20A%20short%20but%20important%20mini%20case%20study%20of%20how%20investment%20in%20renewable%20capacity%20can%20drive%20sustainable%20growth%20and%20development%20in%20Bangladesh%20More%20than%2035%20million%20solar%20home%20systems%20have%20been%20installed

Contestable Markets: Amazon v You Tube

Thanks to tutor2u for finding this video
http://www.tutor2u.net/economics/blog/contestable-markets-amazon-v-you-tube?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Thu%2012th%20May%202016&utm_content=Economics%20daily%20digest%20Thu%2012th%20May%202016+CID_c7a7eb39e88073cc9e0cd065ea19f533&utm_source=CampMonitor&utm_term=Contestable%20Markets%20Amazon%20v%20You%20Tube%20Everyone%20and%20his%20Mum%20is%20trying%20to%20get%20into%20online%20video%20Amazon%20is%20launching%20a%20new%20service%20allowing%20users%20to%20upload%20content%20in%20the%20early%20stages%20of%20what%20is%20likely

EU Blocks Takeover of O2 by Hutchinson

THanks to tutor2u
http://www.tutor2u.net/economics/blog/eu-blocks-takeover-of-o2-by-hutchinson?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Thu%2012th%20May%202016&utm_content=Economics%20daily%20digest%20Thu%2012th%20May%202016+CID_c7a7eb39e88073cc9e0cd065ea19f533&utm_source=CampMonitor&utm_term=EU%20Blocks%20Takeover%20of%20O2%20by%20Hutchinson%20Some%20hugely%20important%20competition%20policy%20news%20The%20European%20Union%20Competition%20Commission%20-%20which%20has%20the%20power%20to%20investigate%20the%20competition%20implications%20of%20big%20mergers%20and%20takeovers%20-%20has%20formally%20blocked

UK Economy - Key Indicators

Thanks to tutor2u for this data
http://www.tutor2u.net/economics/reference/uk-economy-key-indicators-may-2016?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Wed%2018th%20May%202016&utm_content=Economics%20daily%20digest%20Wed%2018th%20May%202016+CID_5cd9a242e9144dd89865319382a09c8f&utm_source=CampMonitor&utm_term=UK%20Economy%20-%20Key%20Indicators%20May%202016%20Study%20notes%20Here%20is%20a%20one%20page%20summary%20of%20many%20of%20the%20key%20UK%20economic%20indicators%20for%20students%20preparing%20to%20take%20their%20AS%20macro%20exams%20in%20May%202016%20Print%20it%20off%20and%20add

Examples of mergers

Thanks to tutor2u
http://www.tutor2u.net/economics/blog/recent-mergers-examples?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Wed%2018th%20May%202016&utm_content=Economics%20daily%20digest%20Wed%2018th%20May%202016+CID_5cd9a242e9144dd89865319382a09c8f&utm_source=CampMonitor&utm_term=Recent%20mergers%20examples%20A%20quick%20trawl%20through%20the%20Economists%20World%20This%20Week%20section%20has%20provided%20a%20set%20of%20great%20examples%20relating%20to%20mergers%20and%20acquisitions%20-%20perfect%20for%20including%20in%20Unit%203%20answers%20to

Current account deficits - when to act?

Thanks to tutor2u for this great little clip
http://www.tutor2u.net/economics/blog/current-account-deficits-when-to-act?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Wed%2018th%20May%202016&utm_content=Economics%20daily%20digest%20Wed%2018th%20May%202016+CID_5cd9a242e9144dd89865319382a09c8f&utm_source=CampMonitor&utm_term=Current%20account%20deficits%20-%20when%20to%20act%20What%20are%20Current%20Account%20Deficits%20and%20what%20should%20countries%20do%20if%20anything%20when%20they%20occur

Monetary Policy

Thanks to tutor2u for this revision help
http://www.tutor2u.net/economics/reference/revision-webinar-monetary-policy?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Fri%2020th%20May%202016&utm_content=Economics%20daily%20digest%20Fri%2020th%20May%202016+CID_11d26065ecc1a084451aeb110c7b8403&utm_source=CampMonitor&utm_term=Revision%20Webinar%20Monetary%20Policy%20Revision%20videos%20This%20is%20a%20recording%20of%20and%20the%20slides%20from%20a%20live%20revision%20webinar%20on%20UK%20monetary%20policy%20designed%20for%20AS%20Year%201%20macro%20students

Purchasing Power Parity (PPP)

Thanks to tutor2u for this summary
http://www.tutor2u.net/economics/blog/the-purchasing-power-parity-ppp-exam-skills?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Fri%2020th%20May%202016&utm_content=Economics%20daily%20digest%20Fri%2020th%20May%202016+CID_11d26065ecc1a084451aeb110c7b8403&utm_source=CampMonitor&utm_term=The%20Purchasing%20Power%20Parity%20PPP%20-%20Exam%20skills%20With%20the%20unit%202%20and%20theme%202%20exams%20approaching%20it%20is%20essential%20to%20have%20some%20background%20on%20the%20usefulness%20of%20PPP%20when%20comparing%20GDP%20between%20countries

Globalisation: Revision video

Thanks to EconplusDal for this
https://www.youtube.com/watch?v=TLmXIFIYZ64

Fiscal policy

Thanks to tutor2u for this summary
http://www.tutor2u.net/economics/reference/revision-webinar-uk-fiscal-policy?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Sat%2021st%20May%202016&utm_content=Economics%20daily%20digest%20Sat%2021st%20May%202016+CID_ad60ee06a31cd923ce9c770aa742219f&utm_source=CampMonitor&utm_term=Revision%20Webinar%20UK%20Fiscal%20Policy%20Revision%20videos%20Here%20is%20a%20recording%20of%20the%20recent%20AS%20Economics%20revision%20webinar%20on%20Fiscal%20Policy%20in%20the%20UK

Supply side policies

Thanks to tutor2u for this summary
http://www.tutor2u.net/economics/reference/revision-webinar-evaluating-supply-side-policies?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Sat%2021st%20May%202016&utm_content=Economics%20daily%20digest%20Sat%2021st%20May%202016+CID_ad60ee06a31cd923ce9c770aa742219f&utm_source=CampMonitor&utm_term=Revision%20Webinar%20Evaluating%20Supply-Side%20Policies%20Revision%20videos%20This%20video%20of%20a%20live%20revision%20webinar%20for%20AS%20macro%20evaluates%20supply-side%20policies%20designed%20to%20improve%20macroeconomic%20performance%20and%20address%20structural%20policy%20problems%20The%20main%20focus%20is%20on%20the%20UK

The Economics of School Holidays

Thanks to tutor2u for this
http://www.tutor2u.net/economics/blog/the-economics-of-school-holidays?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Fri%2027th%20May%202016&utm_content=Economics%20daily%20digest%20Fri%2027th%20May%202016+CID_7f7ed35697168a07ec9687a4c23c62bf&utm_source=CampMonitor&utm_term=The%20Economics%20of%20School%20Holidays%20Everyone%20with%20children%20will%20know%20that%20holidays%20during%20school%20time%20are%20much%20cheaper%20than%20those%20that%20arent%20Now%20new%20research%20has%20shown%20that%20half-term%20holidays%20can%20cost%20up%20to

French Government Introduces Labour Market Reforms

Will these supply side measures be introduced? Some great data in this clip leading you to ask the question: In which country would you rather be an employee?....................and an employer?
http://www.tutor2u.net/economics/blog/industrial-unrest-in-france-as-government-attempts-supply-side-measures-to-make-labour-market-more-flexible?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Sat%2028th%20May%202016&utm_content=Economics%20daily%20digest%20Sat%2028th%20May%202016+CID_7d6225a9dac4946f3d7753f294c8fde7&utm_source=CampMonitor&utm_term=Industrial%20unrest%20in%20France%20as%20Government%20attempts%20supply-side%20measures%20to%20make%20labour%20market%20more%20flexible%20You%20may%20have%20heard%20that%20there%20have%20been%20a%20series%20of%20strikes%20occurring%20in%20France%20at%20the%20moment%20as%20various%20groups%20of%20workers%20and%20unions%20protest%20against%20a%20raft%20of

Enforcing legislation the Indonesian way

One issue with legislation to reduce market failure is that it has to enforced so firms don't think they can evade the law. Indonesia has a radical way of dealing with people who break its fishing laws
http://video.aljazeera.com/channels/eng/videos/indonesia-cracks-down-on-illegal-fishing/4917573376001

The decline of nightclubs

A case of allocative efficiency in action as young people find more attractive alternatives?
http://www.bbc.co.uk/news/uk-36407876

Is the Sainsburys/Argos merger in the public interest?

The Competition and Markets Authority (CMA) will decide
http://news.sky.com/story/1703152/sainsburys-argos-takeover-faces-inquiry

The EU and the UK

Thanks to economicshelp for these 2 posts
How much he EU costs the UK
http://www.economicshelp.org/blog/20209/economics/how-much-does-the-eu-cost-the-uk/
and, to misquote The Clash: Should we stay or should we go
http://www.economicshelp.org/blog/20233/euro/should-uk-stay-in-eu-or-leave-personal-view/

Collusion

Thanks to tutor2u for the link to the Guardian article on collusion between model agencies and their revision video
http://www.tutor2u.net/economics/blog/a-model-example-of-collusion?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Thu%2026th%20May%202016&utm_content=Economics%20daily%20digest%20Thu%2026th%20May%202016+CID_62a3cbd082576dcc7595fb016d234baf&utm_source=CampMonitor&utm_term=A%20Model%20Example%20of%20Collusion%20In%20what%20is%20regarded%20as%20one%20of%20the%20first%20examples%20of%20alleged%20price-fixing%20in%20the%20creative%20services%20industry%20the%20Competition%20and%20Markets%20Authority%20has%20launched%20an%20investigation%20into%20collusion%20in

Hysteresis

Thanks to economicshelp for this summary
http://www.economicshelp.org/blog/20144/concepts/hysteresis/

Negative externalities from South African coal mines and coal fired power stations

A sobering report from Aljazeera
http://video.aljazeera.com/channels/eng/videos/fighting-to-breathe-in-emalahleni%3A-south-africas-coal-problem/4903998751001

Immigration and housing

Thanks to economicshelp for this
http://www.economicshelp.org/blog/20107/housing/immigration-and-housing/

Economic predictions of Brexit

Thanks to economicshelp for this summary
http://www.economicshelp.org/blog/20024/economics/economic-predictions-of-brexit/

Information failure in food?

You decide
http://www.bbc.co.uk/news/health-36356756

Competition concerns in the gaming industry: Ladbrokes and Coral merger

Thanks to Sky for this story
http://news.sky.com/story/1699184/ladbrokes-and-coral-may-have-to-sell-400-shops

Plain packaging comes to the UK

Thanks to Sky
http://news.sky.com/story/1699123/new-cigarette-packaging-rules-come-into-force
http://news.sky.com/story/1698790/tobacco-firms-lose-court-challenge-over-packaging
and tutor2u
http://www.tutor2u.net/economics/blog/new-cigarette-packaging-regulations-comes-in-to-force-today?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Sat%2021st%20May%202016&utm_content=Economics%20daily%20digest%20Sat%2021st%20May%202016+CID_ad60ee06a31cd923ce9c770aa742219f&utm_source=CampMonitor&utm_term=New%20cigarette%20packaging%20regulations%20comes%20in%20to%20force%20today%20New%20regulations%20on%20cigarette%20packaging%20and%20other%20restrictions%20within%20the%20cigarette%20market%20comes%20in%20to%20force%20today%20Click%20here%20for%20the%20Sky%20News%20article%20on%20the%20regulations%20and%20here%20for

Super size cruise liners: Why so big?

Lots of economics in this story from Sky
http://news.sky.com/story/1697334/harmony-of-the-seas-sails-into-southampton

US tariffs on Chinese steel imports

.....reports Sky
http://news.sky.com/story/1697986/us-raises-tax-on-chinese-steel-imports-by-522-percent

Ad bans to curb obesity?

They could be on the way, reports Sky
http://news.sky.com/story/1695285/childhood-obesity-targeted-in-food-ad-crackdown

Migration as a supply side policy

Increased labour force in Austria reports Aljazeera
http://video.aljazeera.com/channels/eng/videos/austria-puts-refugees-to-work-to-boost-economy/4889936892001

Minimum Wage

Thanks to economicshelp for this
http://www.economicshelp.org/blog/430/labour-markets/minimum-wage-for-16-18-year-olds/
and the BBC for this
http://www.bbc.co.uk/news/business-35943133

Trade Deficit Biggest Since 2008

Thanks to Ch4 for this
http://news.sky.com/story/1693555/uk-first-quarter-trade-deficit-biggest-since-2008

Impact of increase in female labour market participation

Thanks to economicshelp for this
http://www.economicshelp.org/blog/19315/labour-markets/impact-of-increase-in-female-labour-market-participation/

The price of a penny

Great example of supply and demand in action
http://www.bbc.co.uk/news/business-36257107

Minimum wage: Why it's worked

Thanks to tutor2u for this
http://www.tutor2u.net/economics/blog/why-the-minimum-wage-worked

Youth Unemployment in Spain

Thanks to tutor2u for this
http://www.tutor2u.net/economics/blog/youth-unemployment-in-spain?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Tue%203rd%20May%202016&utm_content=Economics%20daily%20digest%20Tue%203rd%20May%202016+CID_196393b799e21f5da34d34e8da245551&utm_source=CampMonitor&utm_term=Youth%20Unemployment%20in%20Spain%20I%20have%20used%20this%20superb%202015%20news%20report%20from%20Channel%204s%20Matt%20Frei%20when%20teaching%20the%20economics%20of%20youth%20unemployment%20He%20visits%20a%20small%20town%20outside%20of%20Madrid%20where%20the%20majority

Cigarette plain packaging

...would seem to be on its way after this final European court ruling
http://news.sky.com/story/1689992/tobacco-firms-lose-plain-packet-challenge

Savings ratio

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

E-cigs: A case for government intervention?

More evidence from the BBC
http://www.bbc.co.uk/news/health-36157487

How to cope with a budget deficit

The Gulf states used to run high budget surplus' due to the high oil price. The oil price collapse has posed the question: "How should we fund the deficit"
Great post from tutor2u
http://www.tutor2u.net/economics/blog/gcc-fiscal-policy-as-the-economies-of-the-gulf-face-growing-budgets-deficit-and-trading-deficits-due-to-the-falling-price-of-oil?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Fri%2029th%20April%202016&utm_content=Economics%20daily%20digest%20Fri%2029th%20April%202016+CID_17d808b7815a5d3d29a723eae6cdc6c1&utm_source=CampMonitor&utm_term=GCC%20Fiscal%20Policy%20%20the%20Balance%20of%20Trade%20Gulf%20States%20Issue%20Bonds%20in%20their%20Plans%20to%20Raise%20Debt%20as%20the%20Price%20of%20Oil%20Falls%20Bond%20issues%20are%20in%20fashion%20in%20the%20GCC%20Gulf%20Co-operation%20Council%20region%20with%20Abu%20Dhabi%20Oman%20Saudi%20Arabia%20and%20Bahrain%20all%20planning%20debt-raising%20issues%20in%20the%20coming%20months

Monopoly: Good or bad?

Thanks to tutor2u for raising issues from both sides of the argument
http://www.tutor2u.net/economics/blog/innovative-monopolist-vs-defensive-monopolists-monopoly-power-in-the-united-arab-emirates?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Wed%2027th%20April%202016&utm_content=Economics%20daily%20digest%20Wed%2027th%20April%202016+CID_bb0658a068807a2d435193512bb2132f&utm_source=CampMonitor&utm_term=Innovative%20Monopolist%20vs%20Defensive%20Monopolists%20Monopoly%20Power%20in%20the%20United%20Arab%20Emirates%20We%20often%20champion%20monopolies%20for%20their%20dynamically%20efficient%20behaviour%20and%20how%20they%20contribute%20to%20long%20run%20static%20efficiencies%20through%20their%20invention%20and%20innovation%20made%20affordable%20by%20high%20profits

The changing face of the UK retail sector

Allocative efficiency might be the reason. Sky news reports
http://news.sky.com/story/1684696/whats-disappeared-from-the-uk-high-street

Business Responses to the "new" UK Living Wage

Thanks to tutor2u
http://www.tutor2u.net/economics/blog/business-responses-to-the-new-uk-living-wage?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Mon%2025th%20April%202016&utm_content=Economics%20daily%20digest%20Mon%2025th%20April%202016+CID_5cca23701a068eaffe18c6a63b537d8a&utm_source=CampMonitor&utm_term=Business%20Responses%20to%20the%20new%20UK%20Living%20Wage%20How%20are%20businesses%20responding%20to%20the%20introduction%20of%20George%20Osbornes%20self-styled%20living%20wage

Information failure

Interesting post from tutor2u
http://www.tutor2u.net/economics/blog/market-failure-and-akerlofs-lemons?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Thu%2025th%20February%202016&utm_content=Economics%20daily%20digest%20Thu%2025th%20February%202016+CID_b24c73bc6c27c7d9b9529e4ac9b21459&utm_source=CampMonitor&utm_term=Market%20Failure%20and%20Akerlofs%20Lemons%20One%20of%20the%20key%20factors%20to%20cause%20a%20market%20to%20fail%20is%20a%20lack%20of%20information%20George%20Akerlof%20was%20awarded%20the%20Nobel%20Prize%20in%20economics%20for%20his%20work%20on%20the

Specialisation and the danger of overspecialisation

Thanks to the Economist for this
https://www.youtube.com/watch?v=7jAkGGUobqY

Competition policy: The EU and Google disagree over Android

So reports Sky
http://news.sky.com/story/1681986/google-accused-of-abusing-android-dominance
and more from tutor2u
http://www.tutor2u.net/economics/blog/google-accused-of-anti-competitive-behaviour-in-the-app-industry?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=Google%20accused%20of%20anti-competitive%20behaviour%20in%20the%20app%20industry%20We%20believe%20that%20Googles%20behaviour%20denies%20consumers%20a%20wider%20choice%20of%20mobile%20apps%20so%20says%20the%20European%20Union%20competition%20authority%20when%20launching%20a%20new%20case%20against%20the%20web%20search

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

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

Housing data

A fantastic post from economicshelp jam packed with housing data
http://www.economicshelp.org/blog/5709/housing/housing-market-stats-and-graphs/

Buy British: Protectionism in action?

Nice summary from economicshelp
http://www.economicshelp.org/blog/17684/uk-economy/buy-british-campaigns/

Falling property prices in Hong Kong

Falling demand and inelastic supply, but why the falling demand? Aljazeera explains
http://video.aljazeera.com/channels/eng/videos/home-prices-fall-in-hong-kong/4848348453001

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

Mexico City's pollution and the government response

Nice clip from Aljazeera highlighting the problems faced
http://video.aljazeera.com/channels/eng/videos/mexico-city-limits-private-car-use-to-battle-pollution/4833602635001

The problems of measuring GDP in a digital age

Thanks to tutor2u
http://www.tutor2u.net/economics/blog/the-digital-economy-and-problems-in-measuring-gdp?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Wed%2013th%20April%202016&utm_content=Economics%20daily%20digest%20Wed%2013th%20April%202016+CID_2316742e10be67d2389fc4989dffc01a&utm_source=CampMonitor&utm_term=The%20Digital%20Economy%20and%20Problems%20in%20Measuring%20GDP%20The%20level%20of%20GDP%20may%20fall%20even%20though%20the%20quantity%20of%20goods%20and%20services%20that%20we%20are%20consuming%20is%20increasing%20This%20is%20one%20of%20the%20ironies%20of%20the%20switch%20to

Current account deficit issues

Thanks to tutor2u for this interesting post
http://www.tutor2u.net/economics/blog/the-current-account-and-our-imperial-legacy?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Tue%2012th%20April%202016&utm_content=Economics%20daily%20digest%20Tue%2012th%20April%202016+CID_6293141f616c602f8731e6d3f84a1fac&utm_source=CampMonitor&utm_term=The%20Current%20Account%20and%20our%20Imperial%20Legacy%20On%20the%20day%20that%20George%20Osborne%20received%20some%20good%20news%20on%20economic%20growth%20figures%20were%20released%20on%20the%20current%20account%20that%20showed%20in%20the%20last%20quarter%20of%202015%20the%20deficit%20was%207

Minimum wage hikes in NY and California

...reports Sky
http://news.sky.com/story/1672662/california-and-new-york-adopt-wage-hikes

Revision: Balance of payments

Thanks to tutor2u for this
http://www.tutor2u.net/economics/reference/revision-presentation-balance-of-payments?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Tue%205th%20April%202016&utm_content=Economics%20daily%20digest%20Tue%205th%20April%202016+CID_e7521c2e2f644afdea88b9807002fbbc&utm_source=CampMonitor&utm_term=Revision%20Presentation%20Balance%20of%20Payments%20Study%20presentations%20These%20are%20slides%20from%20an%20updated%20revision%20presentation%20covering%20aspects%20of%20the%20balance%20of%20payments

Should we support/subsidise/protect British steel plants?

A collection of resources from tutor2u
http://www.tutor2u.net/economics/blog/should-the-uk-government-support-the-british-steel-industry?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Sat%202nd%20April%202016&utm_content=Economics%20daily%20digest%20Sat%202nd%20April%202016+CID_ae50a2befc65accb0cec97393c87df7c&utm_source=CampMonitor&utm_term=Should%20the%20UK%20Government%20support%20the%20British%20Steel%20Industry%20This%20issue%20is%20shaping%20up%20to%20be%20one%20of%20the%20defining%20economic%20debates%20facing%20the%20current%20Conservative%20government%20The%20British%20steel%20industry%20has%20seen%20output%20fall%20by%20more%20than%2010%20per

China imposes steel tariffs

...and the reason why is clear in this Sky news report
http://news.sky.com/story/1671109/china-hits-steel-made-in-uk-with-46-percent-levy

Teeth whitening: A case of information failure?

It would seem so from this BBC report
http://www.bbc.co.uk/news/health-35949725

Should we worry about deficits?

I really like this summary on budget and BoP deficits from economicshelp
http://news.sky.com/story/1670688/national-living-wage-comes-into-force

Revision: Human development index

Thanks to tutor2u for this summary
http://www.tutor2u.net/economics/reference/human-development-index-hdi?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Fri%201st%20April%202016&utm_content=Economics%20daily%20digest%20Fri%201st%20April%202016+CID_aae44e53e9d5705fa50b0fa5bfb55ab6&utm_source=CampMonitor&utm_term=Human%20Development%20Index%20HDI%20Study%20presentations%20This%20is%20an%20updated%20revision%20presentation%20on%20the%20Human%20Development%20Index

Reduced vanilla supply and rising ice-cream prices

Thanks to tutor2u for this
http://www.tutor2u.net/economics/blog/price-hike-in-vanilla-from-madagascar-due-to-changes-in-conditions-of-supply?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Thu%2031st%20March%202016&utm_content=Economics%20daily%20digest%20Thu%2031st%20March%202016+CID_2e8f3ef8276b788cc93c016a3974cb0c&utm_source=CampMonitor&utm_term=Price%20hike%20in%20vanilla%20from%20Madagascar%20due%20to%20changes%20in%20conditions%20of%20supply%20The%20British%20love%20their%20vanilla%20from%20Madasgascar%20-%20it%20has%20a%20distinctive%20smooth%20texture%20and%20taste%20that%20we%20seem%20to%20particularly%20enjoy%20However%20changes%20in%20conditions%20of%20supply%20are%20causing

and this explaining the role of elasticity
http://www.tutor2u.net/economics/blog/vanilla-ice-cream-and-elasticity?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Fri%2015th%20April%202016&utm_content=Economics%20daily%20digest%20Fri%2015th%20April%202016+CID_1caa6b97f845fed25d8c7c4a096e9509&utm_source=CampMonitor&utm_term=Vanilla%20Ice%20Cream%20and%20Elasticity%20Weve%20been%20warned%20that%20the%20price%20of%20vanilla%20ice-cream%20could%20rocket%20as%20bad%20harvests%20mean%20a%20shortage%20of%20vanilla%20pods%20But%20as%20good%20economists%20will%20know%20the%20key%20word%20is

Lower consumer confidence in the UK

.....reports Sky
http://news.sky.com/story/1670031/consumer-confidence-remains-lowest-since-2014

NMW/Living wage increases....but not good news for all

Thanks to Sky
http://news.sky.com/story/1669323/millions-in-line-for-living-wage-pay-rise
and the BBC for the downside
http://www.bbc.co.uk/news/35928078 and this overview http://www.bbc.co.uk/news/business-35935677
and Ch4
http://news.sky.com/story/1670688/national-living-wage-comes-into-force

Market share for cloud serices

Thanks to tutor2u
http://www.tutor2u.net/economics/blog/battle-for-market-share-in-cloud-platform-services?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Mon%2028th%20March%202016&utm_content=Economics%20daily%20digest%20Mon%2028th%20March%202016+CID_bf5bae346852dc0b6a2e29a35071294b&utm_source=CampMonitor&utm_term=Battle%20for%20Market%20Share%20in%20Cloud%20Platform%20Services%20It%20would%20be%20easy%20to%20assume%20that%20the%20internet%20behemoth%20Google%20would%20stand%20head%20and%20shoulders%20above%20others%20in%20providing%20cloud%20platform%20services%20In%20fact%20Amazon%20Web%20Services%20is%20-

The sugar tax: Producers respond

To avoid paying the tax, lower sugar drinks are on the way: An example of "nudge" economics?
http://news.sky.com/story/1668751/irn-bru-maker-cuts-back-on-sugar-ahead-of-tax

Lahore: Negative externalities from a new train line

Thanks to Aljazeera for this example
http://video.aljazeera.com/channels/eng/videos/new-train-line-in-lahore-threatens-heritage-sites/4819072093001

Gross National Happiness

Thanks to tutor2u for this
http://www.tutor2u.net/economics/blog/gross-national-happiness-images-from-bhutan?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Sun%2027th%20March%202016&utm_content=Economics%20daily%20digest%20Sun%2027th%20March%202016+CID_ffaa388ac4917d5b795e5a8aa21e18d4&utm_source=CampMonitor&utm_term=Gross%20National%20Happiness%20-%20Images%20from%20Bhutan%20This%20picture%20book%20from%20the%20Guardian%20looks%20at%20life%20in%20Bhutan%20The%20country%20uses%20its%20own%20Gross%20National%20Happiness%20Index%20published%20each%20year

Will the living wage lead to job losses?

Thanks to tutor2u for this
http://www.tutor2u.net/economics/blog/will-the-new-national-living-wage-cost-jobs?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Sat%2026th%20March%202016&utm_content=Economics%20daily%20digest%20Sat%2026th%20March%202016+CID_c18466a07f31d0c45019c54bf366920f&utm_source=CampMonitor&utm_term=Will%20the%20new%20National%20Living%20Wage%20cost%20jobs%20In%20July%202015%20the%20Chancellor%20George%20Osborne%20announced%20that%20a%20new%20National%20Living%20Wage%20NLW%20would%20replace%20the%20National%20Minimum%20Wage%20NMW%20for%20those%20aged%2025%20and%20over%20starting%20from%201%20April%202016%20The

Government spending 2016

Thanks to tutor2u for this data
http://www.tutor2u.net/economics/blog/fiscal-policy-update-uk-government-spending-2015-16?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Thu%2024th%20March%202016&utm_content=Economics%20daily%20digest%20Thu%2024th%20March%202016+CID_9c6794891115eff6be64d63e4f09d821&utm_source=CampMonitor&utm_term=Fiscal%20Policy%20Update%20UK%20Government%20Spending%202015-16%20Here%20are%20two%20useful%20charts%20summarising%20the%20breakdown%20of%20UK%20government%20spending%20for%20the%202015-16%20fiscal%20year%20and%20the%20change%20in%20public%20expenditure%20since%202010

Should we tax people's rubbish to reduce market failure?

Thanks to tutor2u for this story
http://www.tutor2u.net/economics/blog/does-taxing-peoples-rubbish-work?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Tue%2022nd%20March%202016&utm_content=Economics%20daily%20digest%20Tue%2022nd%20March%202016+CID_990c06fcb339e1981260f3e3fb0f677d&utm_source=CampMonitor&utm_term=Does%20taxing%20peoples%20rubbish%20work%20People%20might%20dislike%20taxes%20on%20their%20rubbish%20at%20first%20%20but%20such%20taxes%20do%20encourage%20recycling%20and%20eventually%20become%20popular%20That%20is%20the%20main%20finding%20of%20research%20by%20Stefano%20Carattini%20Andrea

Rejoice! NZ bans zero hours contracts

Surely one of the most iniquitous inventions ever in the labour market. Let's hope others follow this enlightened lead form NZ.
Tutor2u reports http://www.tutor2u.net/economics/blog/zero-hours-contracts-turned-upside-down-in-new-zealand?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Fri%2018th%20March%202016&utm_content=Economics%20daily%20digest%20Fri%2018th%20March%202016+CID_1ba71adbb4245f02cefa984a07e7ba16&utm_source=CampMonitor&utm_term=Zero-Hours%20Contracts%20Turned%20Upside%20Down%20in%20New%20Zealand%20Talking%20to%20a%20Business%20Studies%20group%20about%20flexible%20workers%20and%20workforce%20planning%20and%20to%20a%20group%20of%20Economists%20about%20Marginal%20Revenue%20Product%20theory%20and%20flexible%20working%20practices%20led%20to%20a

Negative externalities from rubbish disposal....

....or not, in the case of Beirut, reports Aljazeerahttp://video.aljazeera.com/channels/eng/videos/lebanons-rubbish-crisis-behind-spike-in-bacterial-infections/4806708838001

Investment in UK – Private and Public Sector

Thanks to economicshelp
http://www.economicshelp.org/blog/6380/economics/investment-in-uk-business-and-public-sector/

Should the chancellor have increased fuel duty?

Nice 2 sided summary from economicshelp
http://www.economicshelp.org/blog/17085/taxes/the-economic-cost-of-fuel-duty-freeze/

Inflation: 2016 changes to the basket of goods

Thanks to the BBC
http://www.bbc.co.uk/news/business-35810466

Budget 2016 summary

From the BBC
http://www.bbc.co.uk/news/uk-politics-35824830
and
http://www.bbc.co.uk/news/uk-politics-35813973
and Ch4
http://news.sky.com/story/1660900/key-points-budget-announcements-at-a-glance

Sugar tax is on the way

Jamie Oliver is happy
http://www.bbc.co.uk/news/uk-politics-35823870
Here  are the details
http://www.bbc.co.uk/news/uk-politics-35824338
and from Sky
http://news.sky.com/story/1660913/osborne-to-levy-sugar-tax-on-soft-drinks
and this list of how much sugar is in each drink
http://www.bbc.co.uk/news/magazine-35831125
and more links from tutor2u
http://www.tutor2u.net/economics/blog/resources-on-the-sugar-tax?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Mon%2021st%20March%202016&utm_content=Economics%20daily%20digest%20Mon%2021st%20March%202016+CID_8dbd55a93ac46b48361aa6e5f8df17f9&utm_source=CampMonitor&utm_term=Resources%20on%20the%20Sugar%20Tax%20Here%20is%20a%20selection%20of%20news%20articles%20and%20other%20resources%20on%20the%20newly%20announced%20tax%20on%20sugary%20soft%20drinks%20in%20the%20UK

How does the EU spend our money?

Thanks to tutor2u
http://www.tutor2u.net/economics/blog/how-does-the-eu-spend-its-money-a-quick-teaching-resource?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Tue%2015th%20March%202016&utm_content=Economics%20daily%20digest%20Tue%2015th%20March%202016+CID_a56dd2fe74c5eef44bcfed87f4ea4aed&utm_source=CampMonitor&utm_term=How%20does%20the%20EU%20spend%20its%20money%20A%20quick%20teaching%20resource%20Perhaps%20you%20and%20your%20students%20are%20becoming%20a%20little%20tired%20about%20the%20EU%20referendum%20topic%20only%20101%20days%20to%20go%20until%20the%20poll%20However%20heres%20a%20quick%20teaching%20resource%20to%20stimulate

Trans-Pacific Partnership: What is it and what does it mean?

Thanks to the BBC for this
http://www.bbc.co.uk/news/business-34448085
and more details
http://www.bbc.co.uk/news/business-35480600

Competition and Markets Authority Report on UK Energy Market (2016)

Thanks to tutor2u
http://www.tutor2u.net/economics/blog/competition-and-markets-authority-report-on-uk-energy-market-2016?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Fri%2011th%20March%202016&utm_content=Economics%20daily%20digest%20Fri%2011th%20March%202016+CID_e2adb60d1f2dabbf96d6dbbb4f04add0&utm_source=CampMonitor&utm_term=Competition%20and%20Markets%20Authority%20Report%20on%20UK%20Energy%20Market%202016%20This%20blog%20curates%20resources%20on%20theMarch%202016%20Competition%20and%20Markets%20Authority%20report%20into%20low%20contestability%20in%20the%20UK%20energy%20market

Non-tariff barriers to trade: Ghana

Thanks to tutor2u
https://www.youtube.com/watch?v=blvxPshCDe4

UK exports

Thanks to tutor2u for finding this data
http://www.tutor2u.net/economics/blog/brexit-britains-major-export-products-and-markets?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Thu%2010th%20March%202016&utm_content=Economics%20daily%20digest%20Thu%2010th%20March%202016+CID_f24a0734048262edcf957bfa30a91905&utm_source=CampMonitor&utm_term=Brexit%20Britains%20Major%20Export%20Products%20and%20Markets%20Here%20is%20a%20smart%20graphic%20from%20our%20friends%20at%20Statista%20According%20to%20data%20from%20the%20Office%20of%20National%20Statistics%20over%20half%20of%20British%20exports%20go%20to%20countries%20in%20the%20European

GDP lecture

Thanks to tutor2u for finding this great lecture on GDP and its relevance to a digital age
https://www.youtube.com/watch?v=Ck12yaw5Tzc

ECB Acts Again To Stimulate Eurozone Economy

Thanks to Sky
http://news.sky.com/story/1657343/ecb-acts-again-to-stimulate-eurozone-economy
and tutor2u
http://www.tutor2u.net/economics/blog/has-the-ecb-shot-their-last-bazooka?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Fri%2011th%20March%202016&utm_content=Economics%20daily%20digest%20Fri%2011th%20March%202016+CID_e2adb60d1f2dabbf96d6dbbb4f04add0&utm_source=CampMonitor&utm_term=Has%20the%20ECB%20shot%20their%20last%20bazooka%20There%20was%20a%20surprise%20monetary%20policy%20move%20by%20the%20European%20Central%20Bank%20ECB%20today%20with%20the%20announcement%20of%20extra%20quantitative%20easing%20a%20move%20to%20buying%20corporate%20as%20well%20as%20government

What are negative interest rates?

Thanks to the BBC
http://www.bbc.co.uk/news/business-35777210

The price of snacks on a plane

An abuse of monoploy power? thanks to tutor2u for this
http://www.tutor2u.net/economics/blog/snacks-on-a-plane?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Wed%209th%20March%202016&utm_content=Economics%20daily%20digest%20Wed%209th%20March%202016+CID_817aa50346dd916479cf5e266906c095&utm_source=CampMonitor&utm_term=Snacks%20on%20a%20plane%20Many%20of%20us%20have%20probably%20assumed%20this%20for%20years%20but%20now%20a%20study%20has%20been%20carried%20out%20showing%20just%20how%20high%20the%20profit%20margins%20are%20for%20budget%20airlines%20on%20the

Price discrimination on airline seating

Thanks to tutor2u for this
http://www.tutor2u.net/economics/blog/price-discrimination-on-airline-seating?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Tue%208th%20March%202016&utm_content=Economics%20daily%20digest%20Tue%208th%20March%202016+CID_55bcbbf61a862de9bd649ca5e86eb583&utm_source=CampMonitor&utm_term=Price%20discrimination%20on%20airline%20seating%20Were%20now%20used%20to%20paying%20different%20prices%20for%20air%20tickets%20depending%20on%20when%20we%20choose%20to%20book%20but%20a%20patent%20has%20been%20filed%20in%20the%20US%20for%20a%20new%20bench

Does a devaluation help the economy?

Thanks to economicshelp for this summary of the arguments
http://www.economicshelp.org/blog/6991/economics/does-a-devaluation-really-help-the-economy/

The role of money in the modern economy

Thanks to tutor2u
http://www.tutor2u.net/economics/blog/money-in-the-modern-economy?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Tue%201st%20March%202016&utm_content=Economics%20daily%20digest%20Tue%201st%20March%202016+CID_98810e869ef10bbedb0d048f4c420c04&utm_source=CampMonitor&utm_term=Money%20in%20the%20modern%20economy%20This%20introductory%20video%20from%20the%20Bank%20of%20England%20provides%20a%20useful%20introduction%20to%20the%20concept%20of%20money%20and%20its%20purpose%20in%20a%20modern%20market%20economy

Income distribution in the UK

Thanks to tutor2u for this
http://www.tutor2u.net/economics/blog/uk-household-income-and-inequality-where-do-you-fit-in?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Mon%2029th%20February%202016&utm_content=Economics%20daily%20digest%20Mon%2029th%20February%202016+CID_21629d140859f5743859792f8d3b0aa9&utm_source=CampMonitor&utm_term=UK%20household%20income%20and%20inequality%20where%20do%20you%20fit%20in%20This%20new%20interactive%20graphic%20from%20the%20Office%20of%20National%20Statistics%20allows%20you%20to%20find%20out%20where%20your%20household%20%20family%20fits%20in%20the%20distribution%20of%20income%20in%20the%20UK

Reducing tax rates and increased tax revenue: The Laffer curve in action?

Thanks to Sky
http://news.sky.com/story/1651855/osborne-urged-to-cut-tax-for-top-earners-again

Plastic Bag Firm Blames 5p Charge For Collapse

Is this an example of government failure?
Sky Plastic Bag Firm Blames 5p Charge For Collapse
BBC http://www.bbc.co.uk/news/uk-england-manchester-35694164