Monday, October 31, 2011

Unit 2: Unemployment data

Thanks to tutor2u for these latest updated charts

Monday, October 03, 2011

Unit 1: A fat tax in Denmark

For a long time, people combatting obesity have suggested a fat tax. The BBC reports Denmark has now led the way in intrducing such a tax

and possibly in the UK

a) What is the market failure this tax will combat?
b) Use a diagram to explain how the tax should reduce the market failure
c) Discuss the extent to which this policy is likely to succeeed

Saturday, October 01, 2011

Unit 1: A ban on bulk buy booze discounts in Scotland

So says the BBC video article article

a) To what extent is such a ban likely to reduce the negative externalities associated with excessive alcohol consumption

Unit 1: A charge for plastic bags

As ever, Wales is ahead of the game!

and the response of consumers

a) Why is such a charge on bags needed?
b) To what extent di you think this scheme islikely to decrease the consumption of plastic bags? Include a S&D diagram in your answer

Unit 1: More regulation on cigarette sales

This time, a ban on selling cigarettes from vending machines

a) As ever, the question is "Comment on the likely success of this policy in reducing the market failure arising from the cigarette market"