Unit 2: tutor2u presentation on unemployment

http://www.tutor2u.net/economics/presentations/a2economics/macro/UnemploymentUK/default.html unemployment

Unit 2: tutor2u presentation on measuring inflation

http://www.tutor2u.net/economics/presentations/a2economics/macro/InflationMeasurement/default.html inflation

Unit 2: How inflation is measured in the USA

Thanks to tutor2u for pointing out this graphic showing the weights of the different sections of the US CPI index

http://www.nytimes.com/interactive/2008/05/03/business/20080403_SPENDING_GRAPHIC.html

Unit 2: Supply side policies announced by government

Sky news reports (with video) the launch of centres to link universities to industry

http://news.sky.com/skynews/Home/Technology/David-Cameron-Announces-200m-Hi-Tech-Hub-Network-Advanced-Manufacturing-Research-Centre-Rotherham/Article/201010415772325?f=rss

This BBC clip shows the announcement of a national infrastructure plan

http://www.bbc.co.uk/news/business-11619093

a) In what way are these supply side policies?
b) Using an AD/AS diagram, discuss the likely effect of these policies on the UK economy

Unit 1: Negative externalities from youth alcohol consumption

A nice clip from the BBC

http://www.bbc.co.uk/news/health-11611522 video
http://www.bbc.co.uk/news/health-11605549 article

a) Discuss how successful restrictions on the consumption of alcohol are in reducing the negative externalities associated with its consumption

Unit 1: How changes in fashion can effect demand and price

Thanks to tutor2u for posting this clip from the Hudsucker proxy showing how changes in taste and fashion can effect demand
http://www.tutor2u.net/blog/index.php/economics/comments/economics-at-the-movies-hudsucker-proxy-and-consumer-demand/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+economics_news+%28tutor2u+Economics+Blog%29#When:19:33:00Z

Unit 1: Spains tough anti-tobacco laws

This BBC clip reports that Spain is set to restrict smoking

http://www.bbc.co.uk/news/world-europe-11593698

a) Explain, using economic terms, why Spain is enforcing these restrictions
b) Explain using a diagram, how the restrictions should reduce the market failure
c) Discuss the extent to which the policy is likely to succeed

Thanks to tutor2u for this brilliant clip showing division of labour/specialisatioin and a whole lot more!

http://www.tutor2u.net/blog/index.php/economics/comments/economics-at-the-movies-manufactured-landscapes/

Thanks to tutor2u for this

http://www.tutor2u.net/blog/index.php/economics/comments/picturenomics-1-congestion-and-externalities/

a) Look at the picture and list all the negative externalities you can see

Unit 1: Government spending and alternative cuts

A great graphic from the Guardian allowing you to select what spending you would cut

http://www.guardian.co.uk/politics/interactive/2010/oct/19/comprehensive-spending-review-cuts

Unit 1: Increasing demand for Harris Tweed

Strange as it may seeem, Sky reports increasing demand for Harris Tweed

http://news.sky.com/skynews/Home/Business/Doctor-Whos-Matt-Smith-Credited-With-Making-Tweed-Cool-As-Harris-Tweed-Collaborates-With-Topman/Article/201010315760483?f=rss

a) Using a diagram, explain the causes and consequences of this increased demand for Harris Tweed

Unit 1: The impact of subsidies on the quantity demanded

A post from the BBC which clearly shows the impact of subsidies on the quantity demanded

http://www.bbc.co.uk/news/business-11549448

a) Using a S&D diagram, explain how the withdrawl of the subsidy (ie the scrappage scheme) has effected the market

Unit 2: The output gap

Thanks to tutor2u for posting this link to the Washington post; a great graphic to explain the output gap

http://www.washingtonpost.com/wp-srv/business/the-output-gap/index.html

Unit 1: £100,000 for a bottle of whisky!!!!!!!

From the Guardian comes this tale of an astranomical price for a bottle ow whisky

http://www.guardian.co.uk/business/2010/oct/14/whyte-mackay-malt-record-price

a) Usins a S&D diagram, explain why the price of this whisky is so high

Unit 2: Unemployment: September 2010

A nice summary from Anforme

http://www.anforme.co.uk/blog/?p=1584

a) In what way are these figures (i) good and (ii) bad news for the British economy?

Unit 1: Snowfall and the economic problem

Thanks to tutor2u for this post illustrating the economic problem

http://www.tutor2u.net/blog/index.php/economics/comments/bad-snow-fall-in-london/

Unit 1: The elasticity of demand for a University education

Thanks to tutor2u for this post

http://www.tutor2u.net/blog/index.php/economics/comments/lifting-the-cap-on-tuition-fees-a-question-of-price-elasticity/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+economics_news+%28tutor2u+Economics+Blog%29#When:04:56:01Z

a) Discuss whether the demand for a University education is likely to be elastic or inelastic

Unit 1: Negative externalities: Hungary's toxic mud

These BBC clips shows the effect ot the breaching of a toxic sludge resevoir

http://www.bbc.co.uk/news/world-europe-11482313
http://www.bbc.co.uk/news/world-europe-11472785

a) Explain the negative externalities associated with this story

Unit 2: Consumption and savings

Thanks to tutor2u for this resource on what determines the level of consumption and savings

http://www.tutor2u.net/blog/index.php/economics/comments/video-resources-on-consumption-and-saving/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+economics_news+%28tutor2u+Economics+Blog%29#When:07:00:00Z