Thanks to the BBC
https://www.youtube.com/watch?v=TsWNc9BusJ4
Friday, March 23, 2018
Sunday, March 18, 2018
Saturday, March 17, 2018
Friday, March 16, 2018
Renewed economic growth in Ireland
Great article from Sky explaining the reasons for Ireland's spectacular growth
https://news.sky.com/story/irish-economy-smiling-as-gdp-growth-beats-eurozone-rivals-11291043
https://news.sky.com/story/irish-economy-smiling-as-gdp-growth-beats-eurozone-rivals-11291043
Wednesday, March 14, 2018
Tuesday, March 13, 2018
Friday, March 09, 2018
US tariffs: What do we need to know?
Wednesday, March 07, 2018
Calories and your daily diet
A case of information failure in the market?
http://www.bbc.co.uk/news/av/newsbeat-43314187/guess-how-many-calories-are-in-your-lunch
http://www.bbc.co.uk/news/av/newsbeat-43314187/guess-how-many-calories-are-in-your-lunch
The effect of US steel tariffs
Thanks to economicshelp for this evaluation
https://www.economicshelp.org/blog/24571/trade/impact-of-us-tariffs/
https://www.economicshelp.org/blog/24571/trade/impact-of-us-tariffs/
Tuesday, March 06, 2018
Sunday, March 04, 2018
Saturday, March 03, 2018
German diesel car ban: Actions to reduce market failure
German courts rule in favour of the legislation as Aljazeera explains
https://www.youtube.com/watch?v=A9ggC4MtfdU
https://www.youtube.com/watch?v=A9ggC4MtfdU
Friday, March 02, 2018
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
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
Wednesday, February 28, 2018
NZ boom
Thanks to econfix for this
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11999023
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11999023
Labels:
Business cycle,
Economic cycle,
Economic growth,
GDP
Sunday, February 25, 2018
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
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
Saturday, February 24, 2018
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/
https://www.youtube.com/watch?time_continue=63&v=CmaoWTNXi6U
and worksheet
http://blog.elearneconomics.com/big-mac-index-january-2018-worksheet/
Wednesday, February 21, 2018
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
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
Labels:
Economic growth,
Externalities,
sustainability,
Video
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
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
Thursday, February 15, 2018
Wednesday, February 14, 2018
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
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
http://www.dw.com/en/kenyas-economy-relies-heavily-on-its-cut-flower-industry/av-42577341
Tuesday, February 13, 2018
Sunday, February 11, 2018
Friday, February 09, 2018
Wednesday, February 07, 2018
Tuesday, February 06, 2018
Sunday, February 04, 2018
Investment comparisons between countries
Germany's rising trade surplus
Great graph and explanation in this
http://blog.elearneconomics.com/imf-calls-for-germany-to-change-its-trade-policy/
http://blog.elearneconomics.com/imf-calls-for-germany-to-change-its-trade-policy/
Saturday, February 03, 2018
Friday, February 02, 2018
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
http://www.bbc.co.uk/news/av/world-asia-42900963/singapore-vaping-ban-my-last-legal-puff
Wednesday, January 31, 2018
Monday, January 29, 2018
Saturday, January 27, 2018
Friday, January 26, 2018
Wednesday, January 24, 2018
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
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
Labels:
Competition and Markets Authority,
Mergers,
Video
Tuesday, January 23, 2018
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
https://www.youtube.com/watch?v=21CbXA1WEUs
Saturday, January 20, 2018
Wednesday, January 17, 2018
Tuesday, January 16, 2018
Sunday, January 14, 2018
Mexico City to reform traffic laws over 🚔 accidents
Great examples of government action to reduce market failure
https://www.youtube.com/watch?v=zHIjavbKwlA
https://www.youtube.com/watch?v=zHIjavbKwlA
Friday, January 12, 2018
Tuesday, January 09, 2018
Sunday, January 07, 2018
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