Monday, September 30, 2013

Unit 2: Compulsory work/activities for the unemployed: A supply side policy?

The BBC reports the latest Conservative party thinking

Unit 1: It's easy to pass legislation like the minimum wage.....

........ but how easy are they to enforce? Without enforcement, the market failure continues, reports the BBC

Sunday, September 29, 2013

Sunday, September 15, 2013

Unit 1: Changes at Currys

Is this revamp an example of allocative efficiency in the economy?

Unit 1: Giant turbines; productive efficiency in action

Great example from the BBC

Unit 2: Greek unemployment

A nice summary of the depressing position in Greece from tutor2u

Unit 2: The circular flow of income

Nice powerpoint from tutor2u that builds the model step by step

Unit 1: Privatisations in the UK

A nice time line from the Guardian

Unit 1: Charging for plastic bags

If you believe that free plastic bags lead to negative externalities, then this initiative by the UK government to allow England to follow Wales makes sense Sky BBC

a) What other approach could the government take to reduce the negative externality problem?

Sunday, September 08, 2013