Higher marginal tax rates in Scotland

 Thanks to tutor2u for this summary https://www.tutor2u.net/economics/blog/scottish-government-raises-taxes-for-higher-earners?utm_medium=email&utm_campaign=Daily%20tutor2u%20Economics%20blog&utm_content=Daily%20tutor2u%20Economics%20blog+CID_36f549eee298d30149685e34a69059c4&utm_source=CampMonitor&utm_term=Scottish%20Government%20Raises%20Taxes%20for%20Higher%20Earners

The Yucatan railway and externalities

 Thanks to Businees Insider https://www.youtube.com/watch?v=yStkQ5saemA&t=55s and this summary from Econfix with a map of the area https://econfix.wordpress.com/2023/12/18/market-failure-and-infrastructure-development-in-mexico/#

Why are range rover prices falling dramaticall?

 As ever, it's all to do with S&D https://www.youtube.com/watch?v=26bnB6pJgV0

The rising price of olive oil

 Thanks to the BBC https://www.youtube.com/watch?v=4SltAyMlrV8&t=24s

Tragedy of the Commons - Over-harvesting hit Texas oysters

 https://www.youtube.com/watch?v=AIR1hIUraY8

How much money is the UK government borrowing, and does it matter?

 Latest data from the BBC https://www.bbc.co.uk/news/business-50504151

UK economy macro update November 2023

 Thanks to tutor2u https://www.tutor2u.net/economics/blog/key-update-on-the-uk-economy-december-2023?utm_medium=email&utm_campaign=Econ%20%20Core%20%20Magnets%20%20UK%20Economy%20Update%20Dec%202023%20%20Mon%2027%20Nov%202023&utm_content=Econ%20%20Core%20%20Magnets%20%20UK%20Economy%20Update%20Dec%202023%20%20Mon%2027%20Nov%202023+CID_5e43e8727d75e7dba39d131addce40b1&utm_source=CampMonitor&utm_term=UK%20Economy%20Update%20Dec%202023

Australia to ban disposable vape imports

 Thabnks to the BBC https://www.bbc.co.uk/news/world-australia-67550685

NZ scraps smoking ban

 How short sighted! Thanks to tutor2u https://www.tutor2u.net/economics/blog/new-zealand-scraps-generational-smoking-ban?utm_medium=email&utm_campaign=Daily%20tutor2u%20Economics%20blog&utm_content=Daily%20tutor2u%20Economics%20blog+CID_caef24589b2975e32cabd65a10a1f792&utm_source=CampMonitor&utm_term=New%20Zealand%20scraps%20generational%20smoking%20ban

Has the sugar tax worked?

 Possibly, says the Guardian https://www.theguardian.com/society/2023/nov/15/fewer-children-in-england-having-teeth-out-since-sugar-tax-began-study-finds?CMP=twt_b-gdnnews

Price paid for offshore power to rise by over 50%

 Thanks to the BBC https://www.bbc.co.uk/news/business-67430888

UK Economy - What is Causing the Steep Fall in Inflation?

 Thanks to tutor2u https://www.tutor2u.net/economics/blog/uk-economy-what-is-causing-the-steep-fall-in-inflation?utm_medium=email&utm_campaign=Daily%20tutor2u%20Economics%20blog&utm_content=Daily%20tutor2u%20Economics%20blog+CID_910c538aa5ba22001cfa2fe23ea91c98&utm_source=CampMonitor&utm_term=UK%20Economy%20-%20What%20is%20Causing%20the%20Steep%20Fall%20in%20Inflation

Nuisance tourism and negative externalities in Amsterdam

 Thanks to tutor2u https://www.tutor2u.net/economics/blog/externalities-economics-of-nuisance-tourism?utm_medium=email&utm_campaign=Weekly%20tutor2u%20Economics%20blog&utm_content=Weekly%20tutor2u%20Economics%20blog+CID_68f950cae8dabf83f1fa7c02d1bb62c1&utm_source=CampMonitor&utm_term=Externalities%20-%20Economics%20of%20Nuisance%20Tourism

Nitrous oxide: Laughing gas possession becomes illegal

 Thanks to the BBC https://www.bbc.co.uk/news/uk-67344299

Shipping containers, a derived demand

 Thanks to the BBC https://www.bbc.co.uk/news/business-67307248

What to do about the negative externalities arising from obesity in India

 A great clip from Bloomberg https://www.youtube.com/watch?v=VLZXmSToMi8&t=2s

Subsidies, pros, cons and heat pumps

 Thanks to tutor2u https://www.tutor2u.net/economics/blog/consumer-subsidies-heat-pump-grant-boosted-by-50?utm_medium=email&utm_campaign=Daily%20tutor2u%20Economics%20blog&utm_content=Daily%20tutor2u%20Economics%20blog+CID_f4dd653bdda810ac8768c13c36c1fc7a&utm_source=CampMonitor&utm_term=Consumer%20Subsidies%20-%20Heat%20pump%20grant%20boosted%20by%2050

UK interest rates

 Great graph in this from the BBC https://www.bbc.co.uk/news/business-66875739

More shrinkflation

 Thanks to the BBC https://www.bbc.co.uk/news/business-66924100

Milk bottles; sustainable growth

 Thanks to the BBC MIlk bottles; sustainable growth

Real wages increase

 Great graph in this artice from the BBC https://www.bbc.co.uk/news/business-67121459

Capital to replace labour at Amazon?

 Thanks to the BBC https://www.bbc.co.uk/news/technology-67163680 and  tutor2u https://www.tutor2u.net/economics/blog/meet-digit-amazons-customer-fulfilment-robot?utm_medium=email&utm_campaign=Daily%20tutor2u%20Economics%20blog&utm_content=Daily%20tutor2u%20Economics%20blog+CID_79bd7fbbc998fa26afe1f8b48d14dab4&utm_source=CampMonitor&utm_term=Meet%20Digit%20-%20Amazons%20Customer%20Fulfilment%20Robot

Glitter ban in the EU: Should the UK follow suit?

 Thanks to the BBC https://www.bbc.co.uk/newsround/67138041

POllution work sheet and BBC article

 https://www.tutor2u.net/economics/blog/in-the-news-teaching-activity-the-hidden-pollution-from-metal-mining-oct-2023?utm_medium=email&utm_campaign=Daily%20tutor2u%20Economics%20blog&utm_content=Daily%20tutor2u%20Economics%20blog+CID_06b113565db0178edf8f41799fc2a0a1&utm_source=CampMonitor&utm_term=In%20the%20News%20Teaching%20Activity%20The%20Hidden%20Pollution%20From%20Metal%20Mining%20Oct%202023

Cost iof car ownership soars in Singapore

 Thanks to the BBC https://www.bbc.co.uk/news/business-67014420

Manchester buses taken back in to public ownership

 Thanks to Ch4 https://www.channel4.com/news/can-manchesters-transformational-public-transport-be-a-template-for-the-uk

Should we tax meat?

 Thanks to the FT https://www.youtube.com/watch?v=IyRMShGZaGk&t=2s

Information Failure - Better Labelling Needed to Reduce Water Use

 Thanks to tutor2u https://www.tutor2u.net/economics/blog/information-failure-better-labelling-needed-to-reduce-water-use?utm_medium=email&utm_campaign=Daily%20tutor2u%20Economics%20blog&utm_content=Daily%20tutor2u%20Economics%20blog+CID_c017f7d65d59122eb1c4f452cb48a1df&utm_source=CampMonitor&utm_term=Information%20Failure%20-%20Better%20Labelling%20Needed%20to%20Reduce%20Water%20Use

The effect of removing a subsidy: Fuel in NIgeria

 Thanks to the BBC https://www.bbc.co.uk/news/world-africa-66652771

Nitrous oxide to be made illegal

 Thanks to Sky https://news.sky.com/story/nitrous-oxide-to-be-categorised-as-class-c-drug-12955513

The distribution of world GDP in one chart

 https://www.visualcapitalist.com/visualizing-the-105-trillion-world-economy-in-one-chart/

Canada introduces health warnings on EACH cigarette!

 https://www.youtube.com/watch?v=soQYTKoYbvU 

Changes in alcohol taxes

 A move towards internalising the externality?  https://www.youtube.com/watch?v=sT8_ussBvs8 and https://www.bbc.co.uk/news/business-66361232

Factors of production substitution

https://www.tutor2u.net/economics/blog/capital-labour-substitution-vending-machines-pouring-pints-for-the-masses?utm_medium=email&utm_campaign=Daily%20tutor2u%20Economics%20blog&utm_content=Daily%20tutor2u%20Economics%20blog+CID_93769b21bd418819101cb72bcd04e8a1&utm_source=CampMonitor&utm_term=Capital%20Labour%20Substitution%20-%20vending%20machines%20pouring%20pints%20for%20the%20masses and https://www.theguardian.com/business/2023/jul/22/end-of-the-bartender-the-uk-vending-machines-pouring-pints-for-the-masses

Negative externalities of nickel mining

 Thanks to the BBC https://www.youtube.com/watch?v=0nLCENfWfAg

Australia bans vape sales

 Drastic action, but is it the right response? https://www.youtube.com/watch?v=kgnIXMIX5xI&t=37s

Vaping: A measure to reduce market failure?

 Thanks to the BBC https://www.bbc.co.uk/news/health-65214620

Shoe leather inflation costs

 Thanks to the BBC for this example https://www.bbc.co.uk/news/business-65091499

High inflation and shoe leather costs

 Thanks to tutor2u https://www.tutor2u.net/economics/blog/high-inflation-and-shoe-leather-costs?utm_medium=email&utm_campaign=Daily%20tutor2u%20Economics%20blog&utm_content=Daily%20tutor2u%20Economics%20blog+CID_4e65e5b052c71d6f1a04af4a91daf598&utm_source=CampMonitor&utm_term=High%20inflation%20and%20shoe%20leather%20costs

UK Economy - Does a rising current account deficit matter?

 Thanks to tutor2u https://www.tutor2u.net/economics/blog/uk-economy-does-a-rising-current-account-deficit-matter?utm_medium=email&utm_campaign=Daily%20tutor2u%20Economics%20blog&utm_content=Daily%20tutor2u%20Economics%20blog+CID_3393bae40224fd900ac93d2ba70901e2&utm_source=CampMonitor&utm_term=UK%20Economy%20-%20Does%20a%20rising%20current%20account%20deficit%20matter

UK Economy - Why is the Trade Deficit Rising so Fast?

 Thanks to tutor2u https://www.tutor2u.net/economics/blog/uk-economy-why-is-the-trade-deficit-rising-so-fast?utm_medium=email&utm_campaign=Daily%20tutor2u%20Economics%20blog&utm_content=Daily%20tutor2u%20Economics%20blog+CID_3393bae40224fd900ac93d2ba70901e2&utm_source=CampMonitor&utm_term=UK%20Economy%20-%20Why%20is%20the%20Trade%20Deficit%20Rising%20so%20Fast

Externalities - UK farming causes over a quarter of cities’ particle pollution

 Thanks to tutor2u https://www.tutor2u.net/economics/blog/externalities-uk-farming-causes-over-a-quarter-of-cities-particle-pollution?utm_medium=email&utm_campaign=Daily%20tutor2u%20Economics%20blog&utm_content=Daily%20tutor2u%20Economics%20blog+CID_7243c915b1a6f3a2eea4643cddf32901&utm_source=CampMonitor&utm_term=Externalities%20-%20UK%20farming%20causes%20over%20a%20quarter%20of%20cities%20particle%20pollution

Latest macro data

 Thanks to tutor2u https://www.youtube.com/watch?v=ipz-5ZrIIMY&t=3s

International inflation comparison March 2023

 Thanks to the BBC https://www.bbc.co.uk/news/business-65026231

Budget 2023

 Resources from the BBC https://www.bbc.co.uk/news/topics/cz4d2xkgqg1t

The Economically Inactive

 Nice data in this from the BBC https://www.bbc.co.uk/news/business-52660591

How much money is the UK government borrowing, and does it matter?

Jan 2023 data in here from the BBC https://www.bbc.co.uk/news/business-50504151

Government failure? Prohibition in a part of India

 Thanks to the Telegraph https://www.youtube.com/watch?v=8oybb_2gmZg&t=5s

Sustainable growth

 The first of these ideas might take off https://www.youtube.com/watch?v=V9ODb6YAeFc&t=163s

Government borrowing

 All you need to know from the BBC https://www.bbc.co.uk/news/business-50504151

PED and the price of car parking

 Changes in NI report the BBC https://www.bbc.co.uk/news/uk-northern-ireland-64736959

Who's economically inactive?

 Great graphic in this from the BBC https://www.bbc.co.uk/news/business-52660591

Argentina inflation soars past 100% mark

 Thanks to the BBC https://www.bbc.co.uk/news/world-latin-america-64960385 and this video https://www.google.com/search?q=Argentina+inflation+soars+past+100%25+mark&rlz=1C1ONGR_en-GBGB981GB981&sxsrf=AJOqlzV7EGyjzyTy75-jEI0OvWMAPQg2WA:1678878508962&source=lnms&tbm=vid&sa=X&ved=2ahUKEwjz95bp5d39AhUTS8AKHcThCeMQ_AUoA3oECAEQBQ&biw=1536&bih=714&dpr=1.25#fpstate=ive&vld=cid:18223b12,vid:Q-fCRTbpSHY

Basket of goods changes 2023

 Thanks to the BBC https://www.bbc.co.uk/news/business-64938661

Fiscal Policy and Aggregate Supply - America’s $2 Trillion Green Boost

 THanks to tutor2u https://www.tutor2u.net/economics/blog/fiscal-policy-and-aggregate-supply-americas-2-trillion-green-boost?utm_medium=email&utm_campaign=Weekly%20tutor2u%20Economics%20blog&utm_content=Weekly%20tutor2u%20Economics%20blog+CID_2ed3e4cac23e10a5658be117ab1f6510&utm_source=CampMonitor&utm_term=Fiscal%20Policy%20and%20Aggregate%20Supply%20-%20Americas%202%20Trillion%20Green%20Boost

New technology in farming

 A reallocation of resources in India https://www.bbc.co.uk/news/av/world-asia-india-64248510

How Singapore Airlines Makes 50,000 In-Flight Meals A Day

https://www.youtube.com/watch?v=b7YgXassC3c&t=308s

 

Income inequality in the USA

 SCary data at the bottom of the report in this post from tutor2u https://www.tutor2u.net/economics/blog/inequality-incomes-of-richest-1-in-the-usa-surge?utm_medium=email&utm_campaign=Daily%20tutor2u%20Economics%20blog&utm_content=Daily%20tutor2u%20Economics%20blog+CID_3d5119880f014c45037e5d1021e311dd&utm_source=CampMonitor&utm_term=Inequality%20-%20Incomes%20of%20richest%201%20in%20the%20USA%20surge

Government Failure - Trains in Spain

 Thanks to tutor2u https://www.tutor2u.net/economics/blog/government-failure-trains-in-spain?utm_medium=email&utm_campaign=Daily%20tutor2u%20Economics%20blog&utm_content=Daily%20tutor2u%20Economics%20blog+CID_3d5119880f014c45037e5d1021e311dd&utm_source=CampMonitor&utm_term=Government%20Failure%20-%20Trains%20in%20Spain

UK migration data

 thanks to economicshelp https://www.economicshelp.org/blog/183118/economics/how-much-immigration-has-there-been-in-the-uk/

Specoialisation and division of labour

 Food preperation at Singapore airlines https://www.youtube.com/watch?v=b7YgXassC3c&t=308s

Supply and demand in action - why the price of milk has soared in the UK

 Thanks to the Guardian/tutor2u https://www.tutor2u.net/economics/blog/supply-and-demand-in-action-why-the-price-of-milk-has-soared-in-the-uk?utm_medium=email&utm_campaign=Daily%20tutor2u%20Economics%20blog&utm_content=Daily%20tutor2u%20Economics%20blog+CID_6d34f2a9ae21e2522f27cafc6752a5a8&utm_source=CampMonitor&utm_term=Supply%20and%20demand%20in%20action%20-%20why%20the%20price%20of%20milk%20has%20soared%20in%20the%20UK

Supply side examples

 Thanks to tutor2u https://www.youtube.com/watch?v=rMj0LHhPFdg&t=6s

Interest rates, AD and AS

 Thanks to tutor2u https://www.tutor2u.net/economics/blog/interest-rates-and-aggregate-demand-and-supply?utm_medium=email&utm_campaign=Weekly%20tutor2u%20Economics%20blog&utm_content=Weekly%20tutor2u%20Economics%20blog+CID_c4f2e11ad3af41ff70041ce80bf1ca1d&utm_source=CampMonitor&utm_term=Interest%20Rates%20and%20Aggregate%20Demand%20and%20Supply

Should the government subsidise home insulation?

 Thanks to tutor2u https://www.youtube.com/watch?v=1FDKON2Cgoo

20mph: Legislation leading to reduced negative externalities

 Thanks to the BBC https://www.bbc.co.uk/news/uk-england-london-64637389

UK inflation data Feb 2023

 https://www.bbc.co.uk/news/business-64637705  and https://www.bbc.co.uk/news/business-12196322 

Thanks to the BBC

GDP growth flat in Q4 2022

 See graph in BBC this article https://www.bbc.co.uk/news/business-64584295

Inflation: Menu costs

 Higher denomination notes in Argentina https://www.bbc.co.uk/news/world-latin-america-64507085

Log burner fines

 To reduce negative externalities and linked to tighter regulations https://www.bbc.co.uk/news/uk-64261624

information failure in the retail coffee market

 https://www.bbc.co.uk/news/business-64472214

Alcohol in India and Government failure

 https://www.tutor2u.net/economics/blog/government-failure-indian-alcohol-ban-drives-unregulated-liquor?utm_medium=email&utm_campaign=Daily%20tutor2u%20Economics%20blog&utm_content=Daily%20tutor2u%20Economics%20blog+CID_b0987e8c9aa143a263acb0f97cff8dfa&utm_source=CampMonitor&utm_term=Government%20Failure%20-%20Indian%20Alcohol%20Ban%20Drives%20Unregulated%20Liquor

Unemployment and economically inactive

 Great data from the BBC https://www.bbc.co.uk/news/business-52660591 and this re economic inactivity https://www.tutor2u.net/economics/blog/uk-economy-are-there-3-million-hidden-unemployed?utm_medium=email&utm_campaign=Daily%20tutor2u%20Economics%20blog&utm_content=Daily%20tutor2u%20Economics%20blog+CID_00124e3b09bc6daab7edd08af3aaf0c8&utm_source=CampMonitor&utm_term=UK%20Economy%20-%20Are%20there%203%20million%20hidden%20unemployed 

inflation and real wages

 Latest data from the BBC https://www.bbc.co.uk/news/business-12196322

Eurovision and the Liverpool multiplier effect

 Thanks to the Liverpool Echo https://www.liverpoolecho.co.uk/news/liverpool-news/impact-eurovision-could-invaluable-claims-25732106 

Single-use plastic cutlery and plates to be banned in England

 Thanks to the BBC https://www.bbc.co.uk/news/business-64205460

Declining real disposable incomes

 Thanks to tutor2u/the Guardian https://www.tutor2u.net/economics/blog/disposable-incomes-the-big-squeeze-continues?utm_medium=email&utm_campaign=Daily%20tutor2u%20Economics%20blog&utm_content=Daily%20tutor2u%20Economics%20blog+CID_4e087d339a6265b4e2c82f915ce39dfb&utm_source=CampMonitor&utm_term=Disposable%20Incomes%20-%20The%20Big%20Squeeze%20Continues

Gigarette firms to pay for street cleaning

 An interesting example of internalising the externality via legislation https://www.bbc.co.uk/news/world-europe-64184451