Exchange rates: The effect of speculation

Thanks to Sky
http://news.sky.com/story/pound-plunges-as-shock-exit-poll-announced-10909084

Government income and expenditure

Thanks to the BBC
http://www.bbc.co.uk/news/av/business-40163676/reality-check-what-are-your-taxes-spent-on

Sunscreen: A case of information failure?

Interesting article from the Guardian
https://www.theguardian.com/uk-news/2017/may/27/britons-risk-sunburn-skin-damage?CMP=share_btn_tw

Kenya's new railway: A fiscal policy with supply side effects

Great example from Aljazeera
https://www.youtube.com/watch?v=OysP9BwG7tU

Demand for a good and the price of substitutes

Decreasing demand for coal fired power and increasing demand for solar power in India, reports tutor2u
https://www.tutor2u.net/economics/blog/india-scraps-plans-for-coal-plants-as-cost-of-solar-collapses?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Wed%2031st%20May%202017&utm_content=Economics%20daily%20digest%20Wed%2031st%20May%202017+CID_d90069d2c9e3c8d462d28271d6383abb&utm_source=CampMonitor&utm_term=India%20scraps%20plans%20for%20coal%20plants%20as%20cost%20of%20solar%20collapses%20The%20shift%20towards%20solar%20power%20as%20an%20affordable%20source%20of%20renewable%20energy%20seems%20to%20be%20gathering%20pace%20Economies%20of%20scale%20are%20lowering%20the%20unit%20cost%20of%20solar%20power%20and%20this

or cinema and Netflix/Amazon
https://www.theguardian.com/media/2017/jun/14/netflix-amazon-uk-cinema-box-office-film-dvd-blu-ray-pwc

CMA to investigate Tesco/Booker merger

Thanks to Sky
http://news.sky.com/story/cma-starts-investigation-into-tescos-planned-booker-takeover-10898493

Negative externalities from coal mining?

Nice report from Aljazeera
http://video.aljazeera.com/channels/eng/videos/pakistans-thar-coal-project%3A-villagers-protest-over-environmental-concerns/5451459758001

Free trade: Winners and losers

Thanks to tutor2u
https://www.tutor2u.net/economics/blog/why-cant-economists-sell-free-trade?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Mon%2029th%20May%202017&utm_content=Economics%20daily%20digest%20Mon%2029th%20May%202017+CID_97d95691692a3ae8ec41be22afa4d5e0&utm_source=CampMonitor&utm_term=Why%20Cant%20Economists%20Sell%20Free%20Trade%20Two%20centuries%20on%20from%20the%20emergence%20of%20the%20idea%20of%20comparative%20advantage%20as%20the%20basis%20for%20specialisation%20and%20trade%20why%20does%20it%20remain%20hard%20to%20sell%20the%20idea%20of%20free

"Light" cigarettes: A deadly case of information failure?

Great report from Aljazeera
http://video.aljazeera.com/channels/eng/videos/us%3A-new-study-links-%E2%80%98light-cigarettes%E2%80%99-directly-to-cancer/5450607697001

Net migration falls in 2016....

Thanks to the BBC

http://www.bbc.co.uk/news/uk-politics-40043483

Savings ratio data

https://tradingeconomics.com/united-kingdom/personal-savings

The exchange rate and tourism

Great article from the Guardian
https://www.theguardian.com/business/2017/feb/17/fall-in-pound-after-brexit-vote-uk-break-overseas-visitors-record-ons-north-american-tourists?CMP=Share_iOSApp_Other

2017 macroeconomics data

Thanks to tutor2u for this summary
https://www.tutor2u.net/economics/blog/uk-economy-snapshot?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Sat%2027th%20May%202017&utm_content=Economics%20daily%20digest%20Sat%2027th%20May%202017+CID_d725e2395b45def19d9c264523ffedc4&utm_source=CampMonitor&utm_term=6%20Minute%20Update%20-%20Key%20Stats%20for%20your%20A%20Level%20Economics%20Exams%20in%20June%202017%20A%20succinct%20summary%20and%206%20minute%20video%20of%20the%20key%20UK%20macro%20numbers%20ahead%20of%20the%20exams

The structure of the labour force

Lots of data in this BBC article
http://www.bbc.co.uk/news/election-2017-39966615

Chinese tariffs on sugar

So reports Reuters
http://www.reuters.com/article/us-china-sugar-imports-idUSKBN18I060
and tutor2u
https://www.tutor2u.net/economics/blog/china-defends-higher-import-tariffs-on-sugar?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Fri%2026th%20May%202017&utm_content=Economics%20daily%20digest%20Fri%2026th%20May%202017+CID_b6f8f93619aedfd92d058657aefdd63d&utm_source=CampMonitor&utm_term=China%20defends%20higher%20import%20tariffs%20on%20sugar%20Brazilian%20sugar%20exports%20are%20most%20likely%20to%20be%20affected%20by%20this%20Chinese%20tariff%20on%20sugar%20imports%20The%20usual%20demand-supply%20analysis%20framework%20and%20welfare%20issues%20can%20be%20applied%20to%20this%20decision

Regional unemployment and growth differnces

I love this data presentation
https://pbs.twimg.com/media/DACTRmSXkAUoUaD.png:large

Deficit and debt data

Thanks to the BBC
http://www.bbc.co.uk/news/business-39897498

New smoking restrictions

The day for plain packaging has finally arrived and the demise of the 10 pack
http://video.aljazeera.com/channels/eng/videos/uk%3A-new-cigarette-packaging-aims-to-burn-out-smoking/5442676396001
http://www.bbc.co.uk/news/uk-39984887
https://www.theguardian.com/business/2017/may/19/stricter-cigarette-packaging-rules-come-into-force-in-uk

The Price of Car Parking in City Centres

Thanks to economicshelp
http://www.economicshelp.org/blog/2720/economics/price-of-car-parking-in-city-centres/

Negative externalities: South Africa: Industrial pollution blamed for rise in diseases

Thanks to Aljazeera
http://video.aljazeera.com/channels/eng/videos/south-africa%3A-industrial-pollution-blamed-for-rise-in-diseases/5437533807001

UK income inequality over time

Thanks to the IFS
https://www.youtube.com/watch?v=CqGBER3Sams&feature=em-subs_digest

A one off monthly fall in the demand for cars

Thanks to Sky
http://news.sky.com/story/plunge-in-new-car-sales-blamed-on-vehicle-tax-changes-10862400

Fidget spinners: Demand caused by fashion?

How stupid will this look in a few years?
http://www.bbc.co.uk/newsround/39798767

S&D: Avocado prices reach record high

Thanks to tutor2u for this collection
https://www.tutor2u.net/economics/blog/avocado-prices-reach-record-high?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Wed%203rd%20May%202017&utm_content=Economics%20daily%20digest%20Wed%203rd%20May%202017+CID_fcbd66f37d2a3feabbf4196383c86f93&utm_source=CampMonitor&utm_term=Avocado%20prices%20reach%20record%20high%20Theres%20a%20major%20price%20shock%20on%20the%20way%20the%20price%20of%20avocado%20is%20going%20to%20surge%20as%20a%20result%20of%20increased%20demand%20and%20supply%20issue%20in%20the%20major%20exporters%20This

The efffect of a depeciation of the £ on the car industry

Thanks to Sky
http://news.sky.com/story/car-industry-accelerates-as-weaker-pound-pushes-up-exports-10852024

Plain tobacco packaging 'may cut smokers by 300,000 in UK

Thanks to the BBC
http://www.bbc.co.uk/news/health-39720854

Falling demand for ebooks

Thanks to the BBC

http://www.bbc.co.uk/news/business-39718016
and Sky
http://news.sky.com/story/screen-fatigue-blamed-as-ebook-sales-fall-for-second-year-running-10853154

S&D: Crisps in Japan

Lovely story from the BBC
http://www.bbc.co.uk/newsbeat/article/39732995/crisps-in-japan-selling-for-8-a-bag-after-panic-buying-and-shortages

The cancer drugs fund: An example of Government Failure?

It looks like it
http://www.bbc.co.uk/news/health-39711137

Allocative efficiency: The changing insurance market

Thanks to Sky
http://news.sky.com/story/swinton-insurance-to-axe-900-uk-jobs-as-84-branches-under-review-10851888

Mergers: Examples

Thanks to Sky
Paint
http://news.sky.com/story/johnstones-paints-owner-ups-bid-for-dulux-firm-akzo-nobel-10849287
5 a side
http://news.sky.com/story/goals-and-powerlague-confirm-five-a-side-merger-talks-10849493

Sterling’s fall lifts UK exports, figures show

Thanks to the Guardian
https://www.theguardian.com/business/2017/mar/31/sterlings-fall-lifts-uk-exports-figures-show?CMP=share_btn_tw

Is free trade good or bad?

Thanks to the BBC
http://www.bbc.co.uk/news/business-38209407
...but Trump thinks not
https://www.wsj.com/articles/trump-administration-plans-to-impose-20-tariff-on-canadian-soft-lumber-imports-1493075372
.....and again
http://www.bbc.co.uk/news/av/39724043/whys-trump-threatening-canada-over-milk

Robotic bricklayer builds houses 3x faster than humans

Thanks to tutor2u
https://www.tutor2u.net/economics/blog/robotic-bricklayer-builds-houses-3x-faster-than-humans?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Fri%2014th%20April%202017&utm_content=Economics%20daily%20digest%20Fri%2014th%20April%202017+CID_554853299a8595bc1f977304848072c4&utm_source=CampMonitor&utm_term=Robotic%20bricklayer%20builds%20houses%203x%20faster%20than%20humans%20If%20you%20are%20looking%20for%20a%20vivid%20example%20of%20capital%20labour%20substitution%20in%20economics%20then%20this%20short%20video%20of%20a%20robot%20that%20can%20lay%20bricks%20several%20times%20faster%20than%20humans

Positive externalities from breakfast clubs

Thanks to tutor2u for this
https://www.tutor2u.net/economics/blog/positive-externalities-from-breakfast-clubs?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Mon%2010th%20April%202017&utm_content=Economics%20daily%20digest%20Mon%2010th%20April%202017+CID_6cc4f5558cde79635e42671648565788&utm_source=CampMonitor&utm_term=Positive%20externalities%20from%20breakfast%20clubs%20Providing%20school%20breakfasts%20free%20to%20all%20children%20in%20disadvantaged%20English%20primary%20schools%20helps%20them%20to%20make%20two%20months%20additional%20progress%20in%20reading%20writing%20and%20mathematics%20over%20the%20course%20of%20a

Exchange rates: Speculation in action

Shown by this typical daily change in the value of the £ (from the BBC)
http://www.bbc.co.uk/news/business-39525641?ocid=socialflow_twitter

Benefit cuts: A supply side policy

The government is clear on the aim of this policy, to force/encourage those on benefits to "do the right thing" and seek at least 16 hours of paid work each week............but what about the consequences? Thanks to Ch4
https://www.channel4.com/news/new-benefit-cuts-come-into-force

Falling demand for margerine

Thanks to the BBC
http://www.bbc.co.uk/news/business-39520588
and a great graph showing the decline in this Guardian article
https://www.theguardian.com/business/2017/apr/06/unilever-flora-stork-kraft-heinz-bid

The Apprenticeship Levy: A supply side measure

Thanks to tutor2u
https://www.tutor2u.net/economics/blog/the-apprenticeship-levy

Diesel drivers face £24 charge to enter London

Thanks to Sky
http://news.sky.com/story/diesel-drivers-face-16324-charge-to-enter-london-10824455

Should we tax coffee cups?

Interesting article from the BBC
http://www.bbc.co.uk/news/uk-wales-39436400

Increasing structural unemployment? Robots to affect up to 30% of UK jobs, says PwC

Thanks to the BBC
http://www.bbc.co.uk/news/business-39377353

Cut sugar in cakes, chocolate by 20%, industry told

Thanks to the BBC
http://www.bbc.co.uk/news/health-39433143

Who do we trade with and do we run a surplus or deficit with them?

Thanks to the ons
https://visual.ons.gov.uk/trading-places-uk-goods-trade-with-eu-partners/

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

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

Cauliflower prices slashed as UK's warm weather leads to glut

Thanks to the Guardian
https://www.theguardian.com/business/2017/mar/24/uk-cauliflower-glut-prices-slashed-warm-weather?CMP=share_btn_tw

More shrinkflation in the chocolate industry

Thanks to the Guardian
https://www.theguardian.com/business/2017/mar/26/brexit-confectioners-shrink-maltesers-sweets

FTSE CEOs 'earn 386 times more than workers on national living wage'

Thanks to the Guardian
https://www.theguardian.com/business/2017/mar/22/uk-ceos-national-living-wage-equality-trust-pay-gap?CMP=Share_AndroidApp_Tweet

The Laffer Curve: France abolishes its 70% tax rate

Thanks to The Guardian
https://www.theguardian.com/world/2014/dec/31/france-drops-75percent-supertax?CMP=share_btn_tw

What's this new measure of inflation?

CPIH; all explained by the BBC
http://www.bbc.co.uk/news/business-39328173

UK inflation up to 2.3%

Thanks to the BBC
http://www.bbc.co.uk/news/business-39337909
and a chart from Sky showing the effect on real wages
http://news.sky.com/story/households-face-squeeze-as-inflation-climbs-to-three-and-a-half-year-high-10809437

2017 Happiness report

Norway is top, reports the BBC
http://www.bbc.co.uk/news/world-39325206

GDP and me

Thanks to the ONS for this
https://www.ons.gov.uk/visualisations/dvc396/index.html

The changing demand for books

Lots of Economics in this Guardian article
https://www.theguardian.com/books/2017/mar/17/paperback-books-sales-outperform-digital-titles-amazon-ebooks

Inflation Targeting Pros and Cons

Thanks to economicshelp
http://www.economicshelp.org/blog/5397/inflation/inflation-targetting-pros-and-cons/

Rupert Murdoch’s Sky takeover bid to be reviewed

Reports Ch4
https://www.channel4.com/news/rupert-murdochs-sky-takeover-bid-to-be-reviewed

BA in cargo cartel

Reports Sky
http://news.sky.com/story/ba-among-airlines-fined-by-european-commission-for-cargo-cartel-10804658

UK income inequality: Gini coefficient data

https://pbs.twimg.com/media/C7CEY4BXEAMz2Gw.jpg

National debt per capita infographic

Great! Is Singapore a surprise to you as well?
https://howmuch.net/articles/per-capita-debt

Oligopoly M/CH questions

A free sample from tutor2u
https://s3-eu-west-1.amazonaws.com/tutor2u-media/resource-samples/Microeconomics-A-Level-Economics-Year-2-Practice-Multiple-Choice-Questions-Sample.pdf

Investment:Toyota commits to the UK

...reports the BBC
http://www.bbc.co.uk/news/uk-scotland-39297352
and Sky
http://news.sky.com/story/toyota-hands-163240m-investment-boost-to-uk-plant-10803437

Supply side policies: Vocational education

Thanks to the BBC
http://www.bbc.co.uk/news/uk-39169490

Jobless rate lowest since 2005

Good news, reports Sky
http://news.sky.com/story/jobless-rate-at-1975-low-but-wage-growth-slows-official-figures-10802556

2017 changes to the basket of goods

Thanks to Sky
http://news.sky.com/story/gin-makes-return-to-official-inflation-basket-after-13-years-10801532
and the BBC
http://www.bbc.co.uk/news/business-39265388
and The Guardian
https://www.theguardian.com/business/2017/mar/14/uk-inflation-ons-basket-goods-gin-cycling-helmets

What's happening with the government's finances?

Thanks to the IFS
https://www.youtube.com/watch?v=sT36eNNmEVw

Where do taxes come from?

Thanks to the IFS
https://www.youtube.com/watch?v=ckzEN8H3gGU&t=18s

https://www.youtube.com/watch?v=96RcNajNiVo

Fiscal Policy: Where does the government gets its money from?

Thanks to tutor2u for finding this
https://www.youtube.com/watch?v=ckzEN8H3gGU

Racial inequality in the workforce

Thanks to Ch4
https://www.channel4.com/news/racial-inequality-in-the-workforce

Merit goods: Should university education be free?

Great post from economicshelp
http://www.economicshelp.org/blog/949/economics/should-university-education-be-free/

Arguments against the sugar tax

Thanks to the BBC
http://www.bbc.co.uk/news/uk-politics-39106967

Should we be concerned about a falling savings ratio?

Nice post, including data, from economicshelp
http://www.economicshelp.org/blog/25479/economics/should-we-be-concerned-about-fall-in-savings-ratio/

Labour shortages

Thanks to economicshelp for this wide ranging summary
http://www.economicshelp.org/blog/25536/labour-markets/labour-shortages/

Who does the UK trade with?

Great date from the ONS
http://visual.ons.gov.uk/uk-trade-partners/

Who are the UK’s trading partners?

Great interactive from the ONS
http://visual.ons.gov.uk/uk-trade-partners/

The rise of Chinese FDI

So reports the BBC
http://www.bbc.co.uk/news/business-39079864

Government Failure - Wood Energy Schemes and Climate Change

Thanks to tutor2u
https://www.tutor2u.net/economics/blog/government-failure-wood-energy-schemes-and-climate-change?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Fri%2024th%20February%202017&utm_content=Economics%20daily%20digest%20Fri%2024th%20February%202017+CID_73607114be77b6374091b267f21cb483&utm_source=CampMonitor&utm_term=Government%20Failure%20-%20Wood%20Energy%20Schemes%20and%20Climate%20Change%20An%20interesting%20BBC%20article%20here%20that%20suggests%20that%20some%20ostensibly%20environmentally-friendly%20advice%20has%20turned%20out%20to%20be%20exactly%20the%20opposite%20In%20this%20instance%20the%20suggestion%20that%20the%20use%20of%20wood

Effects of a depreciation on imports

Two stories from Sky
http://news.sky.com/story/weak-pound-forces-41-of-britons-to-change-holiday-plans-survey-10769869
and
http://news.sky.com/story/microsoft-prices-increase-due-to-brexit-pound-slump-10770043

Firms that don't pay the minimum wage

Named and shamed by the government
http://news.sky.com/story/government-names-and-shames-360-firms-for-underpaying-workers-10769508
and
http://news.sky.com/story/argos-to-give-16324m-to-workers-who-were-underpaid-10770358

Unemployment lowest for a decade

Thanks to Ch4
https://www.channel4.com/news/unemployment-lowest-for-a-decade

German trade surplus hits record high

Thanks to the BBC
http://www.bbc.co.uk/news/business-38918804

The reasons for rising inflation

Thanks to Ch4
https://www.channel4.com/news/inflation-rises-following-eu-referendum
and this from Sky on cost push factors
http://news.sky.com/video/inflation-increases-put-pressure-on-prices-10768281
and the BBC
http://www.bbc.co.uk/news/business-38908652

Compiling the CPI

Interesting article from the Guardian
https://www.theguardian.com/uk-news/2017/feb/12/the-uks-inflation-foot-soldiers-how-the-ons-measures-the-cpi
and video from Sky
http://news.sky.com/video/calculating-inflation-is-simpler-than-youd-expect-10767630

2016: Falling demand for cosmetic surgery

So reports the BBC
http://www.bbc.co.uk/news/health-38953720
and the Guardian
https://www.theguardian.com/lifeandstyle/2017/feb/13/number-cosmetic-surgery-procedures-uk-fell-2016

Airport parking: Price discrimination in action

Thanks to The Independent
http://www.independent.co.uk/travel/news-and-advice/airport-car-parking-school-holidays-edinburgh-manchester-gatwick-birmingham-a7573271.html

Tobacco limitations in Australia

All the actions to reduce the market failure
http://www.bbc.co.uk/news/magazine-38733502

What effect has the 15% devaluation of the £ had on the current account?

Not a lot yet, it would appear; time lags in operation?
https://espresso.economist.com/c9d9edbf9b9e23eb5d4819bbcce9b078

USA macroeconomic data

Thanks to economicshelp
http://www.economicshelp.org/blog/25420/economics/us-economy-under-obama-2009-2017/

The savings ratio

Thanks to economicshelp for the explanation and data
http://www.economicshelp.org/blog/848/economics/savings-ratio-uk/
and evaluation of the falling savings ratio in the UK
http://www.economicshelp.org/blog/25479/economics/should-we-be-concerned-about-fall-in-savings-ratio/

Why don't Japanese drivers buy US cars?

Interesting report from the BBC
http://www.bbc.co.uk/news/business-38894819

Is this judgement rolling back flexible labour markets

Thanks to Sky
http://news.sky.com/story/plumber-wins-legal-fight-over-job-status-in-gig-economy-case-10762338
...and here's the employers response
http://www.bbc.co.uk/news/business-38929117

Investment: The new McLaren factory in Sheffield

Thanks to Sky
http://news.sky.com/story/mclaren-to-build-16350m-supercar-chassis-factory-in-sheffield-10760584

Dumping explained

Thanks to tutor2u for finding this
https://www.youtube.com/watch?v=a-Me7j5c0a8

Balance of payments

THanks to tutor2u
https://www.youtube.com/watch?v=FuWqXcEfMHQ

Natural resources and economic growth

Thanks to tutor2u for finding this
https://www.youtube.com/watch?time_continue=140&v=3bSLYw_HYdU

Capital: Inside an Ocado warehouse

http://www.bbc.co.uk/news/business-38897417

The impact of the depreciating £ on inflation

Interesting post from Sky
http://news.sky.com/story/majority-of-firms-say-they-will-hike-prices-after-pound-slump-10758182

Changing comparative advantage

Thanks to tutor2u for finding this
https://www.youtube.com/watch?v=RrPlOM5MTSM

The Laffer curve

Nice summary from tutor2u
https://www.youtube.com/watch?v=eCZmpty6lfI

What is full employment?

Good review from tutor2u
https://www.youtube.com/watch?v=x30EuUJ0tdA

Rising iceberg lettuce prices

I love the economics in this Sky article; supply (increasing costs of production, weather etc) and alternatives to raising prices
http://news.sky.com/story/supermarkets-ration-lettuces-as-bad-weather-hits-supplies-10753962