Unit 1: Negative externalities from a new Alaskan copper mine

Great clip from the BBC raising many, many issues

http://www.bbc.co.uk/news/world-us-canada-23496724#

.....and more on the salmon industry in Bristol Bay

http://www.bbc.co.uk/news/science-environment-23496608#

Unit 1: The price of coffee

Thanks to tutor2u for this post on supply side reasons why the price of coffee beans is falling, including an FT video

http://www.tutor2u.net/blog/index.php/economics/comments/unit-1-micro-coffee-prices-and-profits-fall-for-growers?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+economics_news+%28tutor2u+Economics+Blog%29#When:09:06:36Z

So, why isn't the price of a cup of coffee on the high street falling?

Unit 2: UK GDP data and analysis

From the Guardian

http://www.theguardian.com/news/datablog/2009/nov/25/gdp-uk-1948-growth-economy

Unit 1: The falling cost of car insurance

....is due to less legal claims for whiplash, apparently

http://www.bbc.co.uk/news/uk-23475415#

a) Using a S&D diagram, explain why the price of car insurance has decreased

Unit 1: The opportunity cost of the Meningitis B vaccine

The rejection of the meningitis B vaccine  for the UK highlights many basic issues in economics, scarce resources, unlimited wants, choices, opportunity cost, the validity of data.........

http://www.bbc.co.uk/news/uk-23437251# video
http://www.bbc.co.uk/news/health-23422973# article

Unit 1: How much does the weather effects the supply of English wine?

A lot, according to this Ch4 video

http://www.channel4.com/news/english-wine-producers-celebrate-the-summer-weather-video

Unit 2: UK growth in GDP

Is this the start of a recovery?

Interesting video from Ch4 with a great graph at around 4.25 showing how different sectors of the economy have done since the downturn in 2008

http://www.channel4.com/news/uk-economy-gdp-george-osborne-sustained-growth

and the BBC

http://www.bbc.co.uk/news/business-23446043#

UNit 2: The effect of a depreciating currency on exports

Very positive appears to be the case in Japan, reports the BBC

http://www.bbc.co.uk/news/business-23429558

Unit 1: Actions to reduce the negative externalities from excessive alcohol consumption

For women born in the 70's the private costs appear to be high

http://www.bbc.co.uk/news/health-23371340#

a) Evaluate the alternative measures government could take to reduce the death rate in this age group

Un it 1: What will the level of demand be for a hydrogen fuelled car?

Hyundai intend to launch one in 2015 according to the BBC

http://www.bbc.co.uk/news/business-23351291#

a) Using demand theory, explain what will determine the level of demand for these hydrogen fuelled cars

Unit 2: A mixed picture re UK unemployment

Overall, the UK number is down

http://www.bbc.co.uk/news/business-23346187#

...but in Scotland it's rising

http://www.bbc.co.uk/news/uk-scotland-23348119#

...and long term unemployment is at its highest rate since 1996

http://www.bbc.co.uk/news/business-23340761#

Unit 1: Rubbish on the beach: Negative externalities

Depressing behaviour leading to negative externalities

http://www.bbc.co.uk/news/uk-23325495#

a) What could the government do to reduce the negative externalities?

Unit 2: The benefits cap: A supply side policy

Details from the BBC

http://www.bbc.co.uk/news/business-23311578# video
http://www.bbc.co.uk/news/business-23306092 article

...but how successful will it be? Some really good evaluation in the report

Unit 2: Smog eating pavements

....which appear to have positive externalities associated with them

http://www.bbc.co.uk/news/science-environment-23324177#

Unit 2: China's growth slowing....

.....according to the latest data

http://news.sky.com/story/1115876/china-growth-slows-in-the-second-quarter

a) But why? Explain using the AD formula

Unit 2: THe benefit cap: A supply side policy?

Evaluate how successful this policy is likely to be in meeting the governments objectives

http://news.sky.com/story/1115764/welfare-cap-of-500-a-week-comes-into-force

Unit 1: Demerit goods: The government drops plans for a minimum unit alcolol pricing scheme

Thanks to the BBC for this summary

http://www.bbc.co.uk/news/health-23283821
http://www.bbc.co.uk/news/uk-23289009

Unit 2: If you thought Greece's unemployment couldn't get any worse...

....you'd be wrong: The latest data shows U at 27.4% and this video shows one of the consequences; the exodus of the young and skilled

http://www.bbc.co.uk/news/world-europe-23266763#

Unit 2: Economic growth in the EU: Data

Thanks to economics help for this

http://www.economicshelp.org/blog/7684/economics/eu-economic-growth-stats/

Unit 1: Demerit goods: The government steps back from further regulation of the tobacco industry

Thanks to Sky news

http://news.sky.com/story/1114718/plans-for-plain-cigarette-packs-shelved

and the BBC

http://www.bbc.co.uk/news/uk-23289009
http://www.bbc.co.uk/news/health-23281804

Unit 1: Falling demand for PC's

....due to better substitutes becoming available. A nice summary from tutor2u

http://www.tutor2u.net/blog/index.php/economics/comments/unit-1-fall-in-sales-of-pcs-due-to-rise-in-demand-of-substitute-goods

Unit 1: Negative externalities in China

Thanks to tutor2u for this post covering air pollution and pork production

http://www.tutor2u.net/blog/index.php/economics/comments/unit-1-micro-externalities-air-pollution-and-life-expectancy-in-china?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+economics_news+%28tutor2u+Economics+Blog%29#When:06:13:37Z

and this from the BBC on air pollution

http://www.bbc.co.uk/news/world-asia-china-23247803#

Unit 1: The supply of coffee in China

Thanks to tutor2u for finding this FT video

http://www.youtube.com/watch?v=nUiLK7ubjKI#at=52

Unit 1: Extracting iron ore

Great short clip from the BBC showing the fop in action

http://www.bbc.co.uk/news/business-23143585#

Unit 1: Legislation in Wales to supply more organs

As ever, Wales leads the world to increase the supply of donor organs......an example of merit goods?

http://www.bbc.co.uk/news/health-23141305#