From Sky
http://news.sky.com/story/1631268/gdp-growth-steady-at-0-5-percent-in-fourth-quarter
Thursday, January 28, 2016
Tuesday, January 26, 2016
South African Rand in Freefall - The Barmy Army's Take!
Thanks to tutor2u for this which shows how the depreciating Rand has benefitted UK cricket tourists
http://www.tutor2u.net/economics/blog/south-african-rand-in-freefall-the-barmy-armys-take?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Mon%2025th%20January%202016&utm_content=Economics%20daily%20digest%20Mon%2025th%20January%202016+CID_b4aae228ca1a1e162b1f7abc97128a33&utm_source=CampMonitor&utm_term=South%20African%20Rand%20in%20Freefall%20-%20The%20Barmy%20Armys%20Take%20The%20South%20African%20rand%20is%20in%20freefall%20at%20the%20moment%20and%20Englands%20Barmy%20Army%20watching%20the%20test%20match%20the%20other%20day%20decided%20to%20poke%20some%20gentle%20fun%20at%20their%20hosts
http://www.tutor2u.net/economics/blog/south-african-rand-in-freefall-the-barmy-armys-take?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Mon%2025th%20January%202016&utm_content=Economics%20daily%20digest%20Mon%2025th%20January%202016+CID_b4aae228ca1a1e162b1f7abc97128a33&utm_source=CampMonitor&utm_term=South%20African%20Rand%20in%20Freefall%20-%20The%20Barmy%20Armys%20Take%20The%20South%20African%20rand%20is%20in%20freefall%20at%20the%20moment%20and%20Englands%20Barmy%20Army%20watching%20the%20test%20match%20the%20other%20day%20decided%20to%20poke%20some%20gentle%20fun%20at%20their%20hosts
Sunday, January 24, 2016
Aggregate demand and aggregate supply resources
Thanks to tutor2u for setting up this pinterest page
https://uk.pinterest.com/geoffriley/aggregate-demand-and-aggregate-supply/
https://uk.pinterest.com/geoffriley/aggregate-demand-and-aggregate-supply/
Wednesday, January 20, 2016
Global inequality
A stunning statistic (if it's true) from the BBC
http://www.bbc.co.uk/news/business-35339475
and why you might be sceptical
http://www.tutor2u.net/economics/blog/oxfam-report-on-increasing-wealth-inequality-some-flaws-in-the-data?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Wed%2020th%20January%202016&utm_content=Economics%20daily%20digest%20Wed%2020th%20January%202016+CID_ce97c88198e3df49c2463c53788fb099&utm_source=CampMonitor&utm_term=Oxfam%20report%20on%20increasing%20wealth%20inequality%20-%20some%20flaws%20in%20the%20data%20You%20may%20have%20seen%20the%20news%20this%20week%20that%20Oxfam%20have%20released%20a%20report%20suggesting%20that%201%20of%20the%20worlds%20population%20now%20owns%2050%20of%20its%20wealth%20I%20like%20this%20resource%20from
http://www.bbc.co.uk/news/business-35339475
and why you might be sceptical
http://www.tutor2u.net/economics/blog/oxfam-report-on-increasing-wealth-inequality-some-flaws-in-the-data?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Wed%2020th%20January%202016&utm_content=Economics%20daily%20digest%20Wed%2020th%20January%202016+CID_ce97c88198e3df49c2463c53788fb099&utm_source=CampMonitor&utm_term=Oxfam%20report%20on%20increasing%20wealth%20inequality%20-%20some%20flaws%20in%20the%20data%20You%20may%20have%20seen%20the%20news%20this%20week%20that%20Oxfam%20have%20released%20a%20report%20suggesting%20that%201%20of%20the%20worlds%20population%20now%20owns%2050%20of%20its%20wealth%20I%20like%20this%20resource%20from
Examples of market failure, externalities and demerit goods
Thanks to tutor2u for these 2
http://www.scoop.it/t/marketfailure
and
http://www.tutor2u.net/economics/blog/recent-resources-on-market-failure-jan-2016?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Tue%2019th%20January%202016&utm_content=Economics%20daily%20digest%20Tue%2019th%20January%202016+CID_ff11589e6f750c03a3b3ec9afced23eb&utm_source=CampMonitor&utm_term=Recent%20Resources%20on%20Market%20Failure%20Jan%202016%20Here%20are%20some%20recent%20resources%20on%20market%20failure%20especially%20externalities%20and%20demerit%20goods
http://www.scoop.it/t/marketfailure
and
http://www.tutor2u.net/economics/blog/recent-resources-on-market-failure-jan-2016?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Tue%2019th%20January%202016&utm_content=Economics%20daily%20digest%20Tue%2019th%20January%202016+CID_ff11589e6f750c03a3b3ec9afced23eb&utm_source=CampMonitor&utm_term=Recent%20Resources%20on%20Market%20Failure%20Jan%202016%20Here%20are%20some%20recent%20resources%20on%20market%20failure%20especially%20externalities%20and%20demerit%20goods
Monopoly, perfect competition and market concentration
Thanks to tutor2u for these presentations
Monopoly
http://www.tutor2u.net/economics/reference/monopoly-revision-presentation?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Mon%2018th%20January%202016&utm_content=Economics%20daily%20digest%20Mon%2018th%20January%202016+CID_52339124241b43bb8c1d898ce6fa12e2&utm_source=CampMonitor&utm_term=Monopoly%20Study%20presentations%20This%20is%20an%20updated%20revision%20presentation%20on%20the%20economics%20of%20monopoly%20power%20in%20markets
Perfect competition
http://www.tutor2u.net/economics/reference/perfect-competition-revision-presentation?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Mon%2018th%20January%202016&utm_content=Economics%20daily%20digest%20Mon%2018th%20January%202016+CID_52339124241b43bb8c1d898ce6fa12e2&utm_source=CampMonitor&utm_term=Perfect%20Competition%20Study%20presentations%20This%20is%20an%20updated%20revision%20presentation%20on%20the%20economics%20of%20the%20market%20structure%20known%20as%20Perfect%20Competition
Market concentration
http://www.tutor2u.net/economics/reference/market-concentration-revision-presentation?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Mon%2018th%20January%202016&utm_content=Economics%20daily%20digest%20Mon%2018th%20January%202016+CID_52339124241b43bb8c1d898ce6fa12e2&utm_source=CampMonitor&utm_term=Market%20Concentration%20Study%20presentations%20This%20is%20an%20updated%20revision%20presentation%20on%20how%20we%20measure%20market%20concentration%20and%20market%20power
Monopoly
http://www.tutor2u.net/economics/reference/monopoly-revision-presentation?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Mon%2018th%20January%202016&utm_content=Economics%20daily%20digest%20Mon%2018th%20January%202016+CID_52339124241b43bb8c1d898ce6fa12e2&utm_source=CampMonitor&utm_term=Monopoly%20Study%20presentations%20This%20is%20an%20updated%20revision%20presentation%20on%20the%20economics%20of%20monopoly%20power%20in%20markets
Perfect competition
http://www.tutor2u.net/economics/reference/perfect-competition-revision-presentation?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Mon%2018th%20January%202016&utm_content=Economics%20daily%20digest%20Mon%2018th%20January%202016+CID_52339124241b43bb8c1d898ce6fa12e2&utm_source=CampMonitor&utm_term=Perfect%20Competition%20Study%20presentations%20This%20is%20an%20updated%20revision%20presentation%20on%20the%20economics%20of%20the%20market%20structure%20known%20as%20Perfect%20Competition
Market concentration
http://www.tutor2u.net/economics/reference/market-concentration-revision-presentation?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Mon%2018th%20January%202016&utm_content=Economics%20daily%20digest%20Mon%2018th%20January%202016+CID_52339124241b43bb8c1d898ce6fa12e2&utm_source=CampMonitor&utm_term=Market%20Concentration%20Study%20presentations%20This%20is%20an%20updated%20revision%20presentation%20on%20how%20we%20measure%20market%20concentration%20and%20market%20power
Saturday, January 16, 2016
Friday, January 15, 2016
Thursday, January 14, 2016
Price discrimination
Thanks to tutor2u for these examples and revision presentation
http://www.tutor2u.net/economics/reference/topical-examples-of-price-discrimination?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Thu%2014th%20January%202016&utm_content=Economics%20daily%20digest%20Thu%2014th%20January%202016+CID_1321dad8d69efa003b176e7d38acd312&utm_source=CampMonitor&utm_term=Topical%20Examples%20of%20Price%20Discrimination%20Study%20notes%20This%20study%20note%20curates%20recent%20examples%20of%20price%20discrimination%20in%20action%20This%20is%20a%20pricing%20strategy%20used%20by%20the%20majority%20of%20businesses%20as%20a%20way%20of%20generating%20extra%20revenue%20increasing
and this on the Hurdle model of price discrimination
http://www.tutor2u.net/economics/reference/the-hurdle-model-of-price-discrimination?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Fri%2015th%20January%202016&utm_content=Economics%20daily%20digest%20Fri%2015th%20January%202016+CID_8f1c652e085ba9e45eb9bbf2fc87fc27&utm_source=CampMonitor&utm_term=The%20Hurdle%20Model%20of%20Price%20Discrimination%20Study%20notes%20The%20hurdle%20model%20is%20associated%20with%20economist%20Professor%20Robert%20Frank%20The%20hurdle%20method%20separates%20buyers%20with%20low%20minimum%20buying%20prices%20from%20buyers%20with%20higher%20so-called%20reservation%20prices
http://www.tutor2u.net/economics/reference/topical-examples-of-price-discrimination?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Thu%2014th%20January%202016&utm_content=Economics%20daily%20digest%20Thu%2014th%20January%202016+CID_1321dad8d69efa003b176e7d38acd312&utm_source=CampMonitor&utm_term=Topical%20Examples%20of%20Price%20Discrimination%20Study%20notes%20This%20study%20note%20curates%20recent%20examples%20of%20price%20discrimination%20in%20action%20This%20is%20a%20pricing%20strategy%20used%20by%20the%20majority%20of%20businesses%20as%20a%20way%20of%20generating%20extra%20revenue%20increasing
and this on the Hurdle model of price discrimination
http://www.tutor2u.net/economics/reference/the-hurdle-model-of-price-discrimination?utm_medium=email&utm_campaign=Economics%20daily%20digest%20Fri%2015th%20January%202016&utm_content=Economics%20daily%20digest%20Fri%2015th%20January%202016+CID_8f1c652e085ba9e45eb9bbf2fc87fc27&utm_source=CampMonitor&utm_term=The%20Hurdle%20Model%20of%20Price%20Discrimination%20Study%20notes%20The%20hurdle%20model%20is%20associated%20with%20economist%20Professor%20Robert%20Frank%20The%20hurdle%20method%20separates%20buyers%20with%20low%20minimum%20buying%20prices%20from%20buyers%20with%20higher%20so-called%20reservation%20prices
Monday, January 11, 2016
The UK economy 2016
Thanks to economicshelp for this data packed post
http://www.economicshelp.org/blog/15519/economics/uk-economy-2016/
http://www.economicshelp.org/blog/15519/economics/uk-economy-2016/
UK National Debt
Thanks to economicshelp for this summary
http://www.economicshelp.org/blog/334/uk-economy/uk-national-debt/
http://www.economicshelp.org/blog/334/uk-economy/uk-national-debt/
UK Inflation Rate and Graphs
Thanks to economicshelp for this summary
http://www.economicshelp.org/blog/5720/economics/inflation-stats-and-graphs/
http://www.economicshelp.org/blog/5720/economics/inflation-stats-and-graphs/
UK Budget Deficit
Thanks to economicshelp for this summary
http://www.economicshelp.org/blog/5922/economics/uk-budget-deficit-2/
http://www.economicshelp.org/blog/5922/economics/uk-budget-deficit-2/
Friday, January 08, 2016
Alcohol "safe" drinking limits: Information failure?
The government is revising advice: Have we been suffering from information failure and has the market resulted in overconsumption?
Reports from the BBC
http://www.bbc.co.uk/news/health-35266826
http://www.bbc.co.uk/news/uk-35252650
http://www.bbc.co.uk/news/uk-35255384
http://www.bbc.co.uk/news/uk-35254302
Reports from the BBC
http://www.bbc.co.uk/news/health-35266826
http://www.bbc.co.uk/news/uk-35252650
http://www.bbc.co.uk/news/uk-35255384
http://www.bbc.co.uk/news/uk-35254302
Thursday, January 07, 2016
Rising demand for new cars in the UK
2015 saw a record-breaking number of new cars sold, reports the BBC
http://www.bbc.co.uk/news/business-35249937
http://www.bbc.co.uk/news/business-35249937
Wednesday, January 06, 2016
Monday, January 04, 2016
Sunday, January 03, 2016
Saturday, January 02, 2016
Information failure: How many calories in alcoholic drinks?
Interesting clip from the BBC
http://www.bbc.co.uk/news/uk-35213155
and test yourself
http://www.bbc.co.uk/news/health-35213536
http://www.bbc.co.uk/news/uk-35213155
and test yourself
http://www.bbc.co.uk/news/health-35213536
Friday, January 01, 2016
Alcohol guidelines may advise 'dry' days
Information to reduce market failure may be on the way reports the BBC
http://www.bbc.co.uk/news/health-35210560
http://www.bbc.co.uk/news/health-35210560
Delhi begins car restriction plan to tackle pollution
An example of regulation to reduce market failure from Aljazeera
http://www.aljazeera.com/news/2016/01/delhi-begins-car-restriction-plan-tackle-pollution-160101075758595.html and http://www.aljazeera.com/news/2016/01/delhi-cars-odd-formula-india-pollution-160103075511009.html
and this video from the BBC
http://www.bbc.co.uk/news/world-asia-35209120
http://www.aljazeera.com/news/2016/01/delhi-begins-car-restriction-plan-tackle-pollution-160101075758595.html and http://www.aljazeera.com/news/2016/01/delhi-cars-odd-formula-india-pollution-160103075511009.html
and this video from the BBC
http://www.bbc.co.uk/news/world-asia-35209120
Thursday, December 31, 2015
Gender pay inequality
..........remains bad, according to Sky
http://news.sky.com/story/1614111/gender-pay-gap-in-uk-still-stubborn
http://news.sky.com/story/1614111/gender-pay-gap-in-uk-still-stubborn
Monday, December 28, 2015
Inequality in employment
Figures from Sky news showing disparity in unemployment rates by ethnicity
http://news.sky.com/story/1613187/ethnic-minorities-losing-out-in-jobs-market
http://news.sky.com/story/1613187/ethnic-minorities-losing-out-in-jobs-market
Friday, December 25, 2015
Has Iceland got a comparative advantage to exploit?
Apparently so, reports Aljazeera
http://news.sky.com/story/1611994/data-game-tech-giants-should-go-to-iceland
http://news.sky.com/story/1611994/data-game-tech-giants-should-go-to-iceland
Thursday, December 24, 2015
The costs of economic growth
Nice discussion programme from Aljazeera
http://www.aljazeera.com/programmes/insidestory/2015/12/matter-life-death-china-pollution-dilemma-151224031803363.html
http://www.aljazeera.com/programmes/insidestory/2015/12/matter-life-death-china-pollution-dilemma-151224031803363.html
Wednesday, December 23, 2015
Tuesday, December 22, 2015
Monday, December 21, 2015
Regional UK house prices
Thanks to economicshelp for this
http://www.economicshelp.org/blog/15344/housing/regional-uk-house-prices/
http://www.economicshelp.org/blog/15344/housing/regional-uk-house-prices/
The Euro carry trade explained
Thanks to economicshelp for this summary
http://www.economicshelp.org/blog/15272/economics/euro-carry-trade/
http://www.economicshelp.org/blog/15272/economics/euro-carry-trade/
Impact of cutting government spending on the economy
Thanks to economicshelp for this summary
http://www.economicshelp.org/blog/2070/economics/cutting-government-spending/
http://www.economicshelp.org/blog/2070/economics/cutting-government-spending/
Saturday, December 19, 2015
Thursday, December 17, 2015
Sunday, December 13, 2015
Friday, December 11, 2015
Saturday, December 05, 2015
Legislation: 'Opt-out' organ donation system to start in Wales
So reports the BBC showing Wales leading the way (as ever!)
http://www.bbc.co.uk/news/health-34968491
http://www.bbc.co.uk/news/health-34968491
Plastic Bag Charge Cuts Use At Tesco By 78%
For those who argue a financial disincentive isn't a good way to move the market towards a more allocatively efficient use of resources, this story from Sky will be a bit of a blow!
http://news.sky.com/story/1600465/plastic-bag-charge-cuts-use-at-tesco-by-78-percent
http://news.sky.com/story/1600465/plastic-bag-charge-cuts-use-at-tesco-by-78-percent
The ever spreading banana plant disease
Thanks to MSN for this
http://www.msn.com/en-gb/foodanddrink/foodnews/banana-production-threatened-across-globe-by-unstoppable-killer-fungus/ar-AAfY4xa?li=AA9SkIr&ocid=iehp
Using S&D diagrams, discuss the likely effect of this disease on banana prices
http://www.msn.com/en-gb/foodanddrink/foodnews/banana-production-threatened-across-globe-by-unstoppable-killer-fungus/ar-AAfY4xa?li=AA9SkIr&ocid=iehp
Using S&D diagrams, discuss the likely effect of this disease on banana prices
International Trade data in graphics
Thanks to tutor2u for this data
http://www.tutor2u.net/economics/blog/international-trade-infographics?utm_medium=email&utm_campaign=Daily+tutor2u+Economics+updates&utm_content=Daily+tutor2u+Economics+updates+CID_059c3cb9b1b6e5bc00252bb27f6cfd10&utm_source=CampMonitor&utm_term=Blog++International+Trade+Infographics
http://www.tutor2u.net/economics/blog/international-trade-infographics?utm_medium=email&utm_campaign=Daily+tutor2u+Economics+updates&utm_content=Daily+tutor2u+Economics+updates+CID_059c3cb9b1b6e5bc00252bb27f6cfd10&utm_source=CampMonitor&utm_term=Blog++International+Trade+Infographics
Background on the UK and the European Union
Thanks to tutor2u for this
http://www.tutor2u.net/economics/reference/background-on-the-uk-and-the-european-union?utm_medium=email&utm_campaign=Daily+tutor2u+Economics+updates&utm_content=Daily+tutor2u+Economics+updates+CID_059c3cb9b1b6e5bc00252bb27f6cfd10&utm_source=CampMonitor&utm_term=Reference++Background+on+the+UK+and+the+European+Union
and this essay plan on a common tariff could be useful http://www.tutor2u.net/economics/reference/common-external-tariff-analysis-and-evaluation?utm_medium=email&utm_campaign=Daily+tutor2u+Economics+updates&utm_content=Daily+tutor2u+Economics+updates+CID_059c3cb9b1b6e5bc00252bb27f6cfd10&utm_source=CampMonitor&utm_term=Reference++Common+External+Tariff+-+Analysis+and+Evaluation
http://www.tutor2u.net/economics/reference/background-on-the-uk-and-the-european-union?utm_medium=email&utm_campaign=Daily+tutor2u+Economics+updates&utm_content=Daily+tutor2u+Economics+updates+CID_059c3cb9b1b6e5bc00252bb27f6cfd10&utm_source=CampMonitor&utm_term=Reference++Background+on+the+UK+and+the+European+Union
and this essay plan on a common tariff could be useful http://www.tutor2u.net/economics/reference/common-external-tariff-analysis-and-evaluation?utm_medium=email&utm_campaign=Daily+tutor2u+Economics+updates&utm_content=Daily+tutor2u+Economics+updates+CID_059c3cb9b1b6e5bc00252bb27f6cfd10&utm_source=CampMonitor&utm_term=Reference++Common+External+Tariff+-+Analysis+and+Evaluation
A gigantic Australian train!
Productive efficiency/economies of scale in action in this BBC clip
http://www.bbc.co.uk/news/world-australia-34971953
http://www.bbc.co.uk/news/world-australia-34971953
Labels:
Economies of scale,
Productive efficiency,
Video
Wednesday, November 25, 2015
Tuesday, November 24, 2015
Monday, November 16, 2015
Multiplier stories
Thanks to tutor2u for this compilation
http://www.tutor2u.net/economics/blog/the-multiplier-effect-in-action?utm_medium=email&utm_campaign=Daily+tutor2u+Economics+updates&utm_content=Daily+tutor2u+Economics+updates+CID_580e6eb02ce37e7ed197722a6c0aa931&utm_source=CampMonitor&utm_term=Blog++The+Multiplier+Effect+in+Action
and
http://www.tutor2u.net/economics/blog/easyjet-local-multipliers-and-economic-growth?utm_medium=email&utm_campaign=Daily+tutor2u+Economics+updates&utm_content=Daily+tutor2u+Economics+updates+CID_2529522963f51399aa91018eb2262fbf&utm_source=CampMonitor&utm_term=Blog++Easyjet+local+multipliers+and+economic+growth
http://www.tutor2u.net/economics/blog/the-multiplier-effect-in-action?utm_medium=email&utm_campaign=Daily+tutor2u+Economics+updates&utm_content=Daily+tutor2u+Economics+updates+CID_580e6eb02ce37e7ed197722a6c0aa931&utm_source=CampMonitor&utm_term=Blog++The+Multiplier+Effect+in+Action
and
http://www.tutor2u.net/economics/blog/easyjet-local-multipliers-and-economic-growth?utm_medium=email&utm_campaign=Daily+tutor2u+Economics+updates&utm_content=Daily+tutor2u+Economics+updates+CID_2529522963f51399aa91018eb2262fbf&utm_source=CampMonitor&utm_term=Blog++Easyjet+local+multipliers+and+economic+growth
Productivity.......and why is it stagnant?
Nice compilation from tutor2u
http://www.tutor2u.net/economics/blog/the-uk-productivity-issue?utm_medium=email&utm_campaign=Daily+tutor2u+Economics+updates&utm_content=Daily+tutor2u+Economics+updates+CID_580e6eb02ce37e7ed197722a6c0aa931&utm_source=CampMonitor&utm_term=Blog++The+UK+Productivity+Issue
http://www.tutor2u.net/economics/blog/the-uk-productivity-issue?utm_medium=email&utm_campaign=Daily+tutor2u+Economics+updates&utm_content=Daily+tutor2u+Economics+updates+CID_580e6eb02ce37e7ed197722a6c0aa931&utm_source=CampMonitor&utm_term=Blog++The+UK+Productivity+Issue
Sunday, November 15, 2015
Saturday, November 14, 2015
Electric scooters: A way to reduce negative externalities?
It seems so, reports the BBC
http://www.bbc.co.uk/news/business-34773466
http://www.bbc.co.uk/news/business-34773466
Labels:
Actions to correct market failure,
Subsidies,
Video
Monday, November 09, 2015
Price discrimination
A new take on an old idea in the guardian
http://www.theguardian.com/media-network/2015/nov/06/personalised-pricing-future-online-offline-retail
http://www.theguardian.com/media-network/2015/nov/06/personalised-pricing-future-online-offline-retail
Thursday, November 05, 2015
TTIP trade deal: Pros and cons
Thanks to economicshelp for this
http://www.economicshelp.org/blog/14145/trade/tipp-uk-us-trade-deal/
http://www.economicshelp.org/blog/14145/trade/tipp-uk-us-trade-deal/
Labels:
Free trade,
International trade,
protectionism,
Trade deals
Fish shortages: A tragedy of the commons?
Nice report from the BBC
http://www.bbc.co.uk/news/business-34727827
http://www.bbc.co.uk/news/business-34727827
Falling demand for holidays in Egypt
Which factors that effect demand have altered?
http://www.bbc.co.uk/news/world-middle-east-34733072
http://www.bbc.co.uk/news/world-middle-east-34733072
Wednesday, November 04, 2015
Regulating the cannabis market
An interesting post from the BBC
http://www.bbc.co.uk/news/world-latin-america-34718278
http://www.bbc.co.uk/news/world-latin-america-34718278
Amazon and Creative Destruction
Thanks to tutor2u for this
http://beta.tutor2u.net/economics/blog/amazon-and-creative-destruction
http://beta.tutor2u.net/economics/blog/amazon-and-creative-destruction
Should the minimum wage be increased?
This, from tutor2u, argues you already get more than the pay from an entry level job
http://beta.tutor2u.net/economics/blog/the-benefits-of-an-entry-level-job-much-more-than-the-wage
http://beta.tutor2u.net/economics/blog/the-benefits-of-an-entry-level-job-much-more-than-the-wage
The rising cost of watching live football
An interesting take from tutor2u
http://beta.tutor2u.net/economics/blog/rising-football-ticket-prices
http://beta.tutor2u.net/economics/blog/rising-football-ticket-prices
Benefits and benefits in kind by income decile
Thanks to economicshelp for this data
http://www.economicshelp.org/blog/14859/economics/benefits-and-benefits-in-kind-by-income-decile/
http://www.economicshelp.org/blog/14859/economics/benefits-and-benefits-in-kind-by-income-decile/
Income inequality by income decile
Thanks to economicshelp for this data
http://www.economicshelp.org/blog/14853/economics/income-inequality-by-income-decile/
http://www.economicshelp.org/blog/14853/economics/income-inequality-by-income-decile/
Sunday, October 25, 2015
Should we tax sugary drinks?
This brilliant 2-sided summary from economicshelp
http://www.economicshelp.org/blog/14884/economics/sugar-tax-debate/
It seems more likely, reports the BBC
http://www.bbc.co.uk/news/health-34606732
and Ch4
http://www.channel4.com/news/introduce-sugar-tax-health-officials-tell-government
and it's being called for by Jamie Oliver
http://www.bbc.co.uk/news/health-34606732 and http://beta.tutor2u.net/economics/blog/jamie-oliver-calls-for-sugar-tax-on-soft-drinks
From tutor2u
http://beta.tutor2u.net/economics/blog/bacon-sandwich-with-sugar-anyone
http://www.economicshelp.org/blog/14884/economics/sugar-tax-debate/
It seems more likely, reports the BBC
http://www.bbc.co.uk/news/health-34606732
and Ch4
http://www.channel4.com/news/introduce-sugar-tax-health-officials-tell-government
and it's being called for by Jamie Oliver
http://www.bbc.co.uk/news/health-34606732 and http://beta.tutor2u.net/economics/blog/jamie-oliver-calls-for-sugar-tax-on-soft-drinks
From tutor2u
http://beta.tutor2u.net/economics/blog/bacon-sandwich-with-sugar-anyone
Sunday, October 18, 2015
Light rail in Addis: A supply side policy
Think of the impact of this on the Ethiopian economy in terms of its effect on the AS/PPF curves
http://www.bbc.co.uk/news/business-34549253
http://www.bbc.co.uk/news/business-34549253
Friday, October 09, 2015
Substitutes for "normal" cigarettes in India
An interesting clip from the BBC covering several aspects of demand theory
http://www.bbc.co.uk/news/business-34485958
http://www.bbc.co.uk/news/business-34485958
Labels:
Demand,
Elasticity,
Substitutes/complements,
Video
International trade data
Want to know the trade pattern of a country? This great source courtesy of tutor2u
https://atlas.media.mit.edu/en/
https://atlas.media.mit.edu/en/
Wednesday, October 07, 2015
Tuesday, October 06, 2015
Trans-Pacific Partnership: What is it and what does it mean?
Nice summary from the BBC
Trans-Pacific Partnership: What is it and what does it mean?
and thanks to tutor2u for this
http://beta.tutor2u.net/economics/blog/trans-pacific-partnership-tpp-is-sealed
Trans-Pacific Partnership: What is it and what does it mean?
and thanks to tutor2u for this
http://beta.tutor2u.net/economics/blog/trans-pacific-partnership-tpp-is-sealed
Plastic bag charge comes to England
This, from Sky, explains the market failure and how the charge may reduce it
http://news.sky.com/story/1563854/confusion-over-complicated-plastic-bag-law
and the BBC shows the negative externalities
http://www.bbc.co.uk/news/business-34414750
and
http://www.bbc.co.uk/news/business-34441674
and this shows what happened in Scotland after the charge was introduced
http://www.bbc.co.uk/news/business-34441675
http://news.sky.com/story/1563854/confusion-over-complicated-plastic-bag-law
and the BBC shows the negative externalities
http://www.bbc.co.uk/news/business-34414750
and
http://www.bbc.co.uk/news/business-34441674
and this shows what happened in Scotland after the charge was introduced
http://www.bbc.co.uk/news/business-34441675
Monday, October 05, 2015
5p for a plastic bag: Will that reduce the market failure?
It appears it may if the evidence from other countries is anything to go by
http://beta.tutor2u.net/economics/blog/a-nudge-to-reduce-plastic-bag-use
http://beta.tutor2u.net/economics/blog/a-nudge-to-reduce-plastic-bag-use
Friday, October 02, 2015
The effect of a depreciating Ugandan currency
This BBC report highlights some of the difficulties and the actions open to the Central Bank of Uganda
http://www.bbc.co.uk/news/business-34423847
http://www.bbc.co.uk/news/business-34423847
In car smoking ban
The latest legislation to reduce the market failure associated with the cigarette market
http://www.bbc.co.uk/news/health-34402622
http://www.bbc.co.uk/news/health-34402622
Labels:
Actions to correct market failure,
Regulation,
Video
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