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

China introduces carbon trading scheme

Thanks to the Guardian
https://www.theguardian.com/environment/2017/dec/19/china-aims-to-drastically-cut-greenhouse-gas-emissions-through-trading-scheme?CMP=share_btn_tw

Factors affecting investment

Thanks to economicshelp
https://www.economicshelp.org/blog/136672/economics/factors-affecting-investment/

Profit satisficing

Thanks for this summary from economicshelp
https://www.economicshelp.org/blog/136609/concepts/profit-satisficing/

Microeconomics quizlet quiz

https://www.tutor2u.net/economics/reference/quizlet-resource-on-introductory-micro-concepts?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Thu%207th%20December%202017&utm_content=Economics%20daily%20digest%20Thu%207th%20December%202017+CID_e4a93e94ef632455bb7ce4468f52cc06&utm_source=CampMonitor&utm_term=Quizlet%20Resource%20on%20Introductory%20Micro%20Concepts%20Revision%20quizzes%20Here%20is%20a%20fifty%20term%20Quizlet%20resource%20covering%20introductory%20microeconomics

Unemployment quiz

Thanks to tutor2u
https://www.tutor2u.net/economics/reference/unemployment-quizlet?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Fri%2015th%20December%202017&utm_content=Economics%20daily%20digest%20Fri%2015th%20December%202017+CID_b6dcd3478df5337907659fac3bb2c55c&utm_source=CampMonitor&utm_term=Unemployment%20Quizlet%20Activity%20Revision%20quizzes%20Here%20is%20a%20twenty-question%20revision%20quiz%20on%20unemployment

Government failure

Great summary from tutor2u
https://www.economicshelp.org/microessays/market-failure/government-failure/

Adv and disadv of depreciating £

Nice clip from the BBC
http://www.bbc.co.uk/news/av/business-42328027/how-inflation-is-hitting-britain-s-bakers

Market failure examples

https://twitter.com/search?t=1&cn=ZmxleGlibGVfcmVjcw%3D%3D&refsrc=email&iid=ccc181b2a3d840eb9f59f514fba11c5d&q=%23marketfailure&uid=625863503&nid=244+293670921

UK inflation above3%

Thanks to the BBC
http://www.bbc.co.uk/news/business-42320052

Does Fiscal Policy solve unemployment?

Thanks to economicshelp
https://www.economicshelp.org/blog/226/unemployment/does-fiscal-policy-solve-unemployment/

Macroeconomic quiz

Thanks to tutor2u
https://www.tutor2u.net/economics/reference/quizlet-revision-resource-on-macroeconomic-objectives?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Sun%2010th%20December%202017&utm_content=Economics%20daily%20digest%20Sun%2010th%20December%202017+CID_eb3f5a2ba38f26e50ecd8e1d83703cf7&utm_source=CampMonitor&utm_term=Quizlet%20Revision%20Resource%20on%20Macroeconomic%20Objectives%20Revision%20quizzes%20Here%20are%20twenty-five%20key%20terms%20in%20introductory%20macroeconomics%20that%20you%20can%20revise%20in%20a%20matching%20activity

A ghost airport: Government failure?

Thanks to the BBC
http://www.bbc.co.uk/news/av/world-africa-42277070/the-luxurious-ghost-airport-in-one-of-the-world-s-poorest-countries

Plastic and the externalities generated

Thanks to the BBC
http://www.bbc.co.uk/news/science-environment-42264788

Firms who get caught not paying the minimum wage

Some big names in here offering feeble excuses
https://news.sky.com/story/sports-direct-and-primark-among-firms-shamed-on-pay-by-hmrc-11161132

Factors affecting Current Account Deficit

Thanks to economicshelp
https://www.economicshelp.org/blog/2674/economics/factors-affecting-current-account-deficit/

French diet crisis!

Thanks to the Telegraph
http://www.telegraph.co.uk/news/2017/12/06/france-could-run-foie-gras-christmas-record-dearth-butter-wine/

Eduqas: The Millennium Development Goals and Beyond

file:///C:/Users/Jones/Downloads/Economics_Matters_01.pdf

Eduqas : Allocative efficiency

file:///C:/Users/Jones/Downloads/Economics_Matters_03.pdf

How much damage will lower EU immigration inflict on the UK economy?

Thanks to the Independent
http://www.independent.co.uk/news/business/analysis-and-features/low-uk-immigration-economy-how-effect-brexit-eu-nationals-a8084796.html

Problems that arise when there isn't free trade

Thanks to the FT
https://www.ft.com/content/2d30482c-da7e-11e7-a039-c64b1c09b482

Increasesd to minimum wage

Thanks to the BBC
http://www.bbc.co.uk/news/av/uk-england-24231924/will-an-increased-minimum-wage-make-an-impact

What do we mean when we talk about poverty?

Thanks to the BBC
http://www.bbc.co.uk/news/uk-42223497

Income inequality and social mobility

How very depressing
http://theconversation.com/the-uncomfortable-truth-about-social-mobility-67477?utm_campaign=Echobox&utm_medium=Social&utm_source=Twitter#link_time=1512384657

Tragedy of the Commons: Ocean pollution

Disturbing BBC report
http://www.bbc.co.uk/news/science-environment-42225915

Negative externality fears over Suffolk and Norfolk 400 wind turbine plan

Thanks to the BBC
http://www.bbc.co.uk/news/av/uk-england-suffolk-42209279/fears-over-suffolk-and-norfolk-400-wind-turbine-plan

Effect of Government Subsidies

Thanks to economicshelp
https://www.economicshelp.org/blog/915/economics/effect-of-government-subsidies/

How to increase Economic Growth

Thanks to economicshelp for this summary
https://www.economicshelp.org/blog/4493/economics/how-to-increase-economic-growth/

Amazing tobbaco ads in the USA

Regulation finally enforces reports the Guardian
https://www.theguardian.com/business/2017/nov/26/tobacco-mea-culpa-companies-to-run-corrective-statements-on-smoking?CMP=share_btn_tw