Consumer confidence index

 From gfk

https://www.retaileconomics.co.uk/retail-insights/gfk-consumer-confidence-index-january-2021 

and Trading Economics 

https://tradingeconomics.com/united-kingdom/consumer-confidence

Thorntons: Allocative efficiency in action

 Thanks to the BBC

https://www.bbc.co.uk/news/business-56407155

Covid related Government Failure

 I blame Trump!

https://nypost.com/2021/01/26/oklahoma-trying-to-return-2-million-of-hydroxychloroquine/?utm_source=NYPTwitter&utm_medium=SocialFlow&utm_campaign=SocialFlow

Capitalism and socialism explained

 Thanks to the BBC

Capitalism: https://www.bbc.co.uk/ideas/videos/capitalism-is-it-here-to-stay/p06g9czp?playlist=the-a-z-of-isms

Socialism https://www.bbc.co.uk/ideas/videos/socialism-a-very-brief-history/p074yyff?playlist=the-a-z-of-isms

and Hayek's neoliberalism https://www.bbc.co.uk/ideas/videos/neoliberalism-the-story-of-a-big-economic-bust-up/p06ltnvp?playlist=the-a-z-of-isms

Keynes explained

 Thanks to the BBC

https://www.bbc.co.uk/ideas/videos/keynesianism-the-story-behind-this-key-economic-th/p06rg6ph?playlist=the-a-z-of-isms

Cut in electric car subsidy

 Reported by the BBC

https://www.bbc.co.uk/news/business-56441639

The pros and cons of globalisation

 Thanks to econfix

https://blog.elearneconomics.com/the-pros-and-cons-of-globalisation-2/

Rising flower prices

 Thanks to the BBC

https://www.bbc.co.uk/news/av/business-56408202

Changes in the basket of goods 2021

 Thanks to the BBC

https://www.bbc.co.uk/news/business-56395533

Pay people to scrap cars....

 .....and give them money to spend on public transport

https://www.bbc.co.uk/news/av/business-56373096

Fiscal Policy: Biden's $1.9 trillion stimulus

 Thanks to the BBC

https://www.bbc.co.uk/news/world-us-canada-56350463

Natural rate of unemployment

 Nice video from Marginal Revolution

https://www.youtube.com/watch?v=wiWursKR9Ao

Carbon trading: Tradable permits

 Good video explaining the system and its pros and cons

https://www.youtube.com/watch?v=FQSaoPPe2F0&t=190s&pbjreload=101

Excess supply of used cars

 As seen on this disused racetrack

https://www.bbc.co.uk/news/uk-england-northamptonshire-56104281

Why is the market in disequilibrium?

UK economy suffered record annual slump in 2020

 Latest UK data from the BBC

https://www.bbc.co.uk/news/business-56037123

and in comparison with other countries

https://www.bbc.co.uk/news/56042270

and Japan https://www.bbc.co.uk/news/business-56066065

What is GDP and how is it measured?

 Thanks to the BBC for this good summary

https://www.bbc.co.uk/news/business-13200758

What are negative interest rates?

 Thanks to the BBC

https://www.bbc.co.uk/news/business-52772950

How interest rates affect inflation – flow chart

 Thanks to econfix

C:\Users\Family Jones\AppData\Local\Microsoft\Windows\INetCache\Content.Outlook\1XQI34U8\email.mht

Nutella and shrinkflation

 Thanks to, of all sources, the Sun!!!!

https://www.thesun.co.uk/money/13693339/nutella-shrink-jar-size-from-400g-to-350g/

GDP by country 2019

 Nice graphic

https://www.weforum.org/agenda/2020/10/global-economy-gdp-growth-covid-19

Measles as market failure?

 https://www.telegraph.co.uk/news/measles-in-samoa/

Inequality photos

 https://luxurylaunches.com/other_stuff/the-99-and-the-1-drone-photography-of-income-inequality-across-the-world.php

PPE provision: An example of Government Failure?

 https://twitter.com/ITVJoel/status/1339968870904459265/photo/1

How big should a motoring penalty be?

 Ask Jack Grealish!

https://news.sky.com/story/jack-grealish-england-and-aston-villa-star-given-nine-month-driving-ban-and-82k-fine-after-lockdown-crash-12162333

Sunak's announcements Nov 2020

 Thanks to Sky

https://news.sky.com/story/covid-19-key-points-as-rishi-sunak-sets-out-spending-review-12141860

Covid test maximum pricing in Greece

 https://www.ekathimerini.com/259668/article/ekathimerini/news/government-to-set-price-cap-for-covid-19-tests

Where does the government borrow from?

 Thanks to the BBC

https://www.bbc.co.uk/news/business-50504151

Supply and demand in action: Electric cars and strawberries

Thanks to tutor2u for these examples.

Electric cars  https://www.tutor2u.net/economics/reference/markets-in-action-supply-and-demand-for-electric-vehicles?utm_medium=email&utm_campaign=CM_Econ_ElectricVehicles_231020&utm_content=CM_Econ_ElectricVehicles_231020+CID_ecb8d08158180509ba9e4cf07193c86b&utm_source=CampMonitor&utm_term=Economics%20of%20Electric%20Vehicles

Strawberries https://www.tutor2u.net/economics/reference/markets-in-action-supply-and-demand-for-strawberries?utm_medium=email&utm_campaign=CM_Econ_ElectricVehicles_231020&utm_content=CM_Econ_ElectricVehicles_231020+CID_ecb8d08158180509ba9e4cf07193c86b&utm_source=CampMonitor&utm_term=Economics%20of%20Strawberries

Rising UK, and especially youth, unemployment

 Thanks to the BBC

https://www.bbc.co.uk/news/business-54884592

AD components in China

 Thanks to econfix

https://blog.elearneconomics.com/china-looking-to-domestic-sector-to-maintain-growth/

Fishing: Tragedy of the commons

Thanks to econfix

https://blog.elearneconomics.com/fishing-tragedy-of-the-commons-2/

Government borrowing: All you need to know

 A clear explainer

https://commonslibrary.parliament.uk/coronavirus-government-debt-an-explainer/

Minimum wage in Geneva

 Thanks to the BBC

https://www.bbc.co.uk/news/world-europe-54745033

Inflation video

 Thanks to Economics Explained

https://www.youtube.com/watch?v=r7GzaLROW0E

Natural Monopoly

 Thanks to econfix

https://blog.elearneconomics.com/ncea-level-3-and-cie-a2-economics-natural-monopoly/

The CPI in NZ

 Thanks to econfix for an explanation of the latest changes in the basket of goods

https://blog.elearneconomics.com/changes-to-the-cpi-in-new-zealand-2020/

The case against Modern Monetary Theory

 Thanks to the FT

https://www.ft.com/content/bcb523c3-7448-4cd6-a2d2-69b8f13be8f3

Inflation: BBC summary

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

Flood defences in Venice

Thanks to tutor2u for finding

https://twitter.com/i/status/1313518898596253696 

Allocative efficiency: Bye bye cruise ships

 A nice example

https://www.reuters.com/article/us-health-coronavirus-turkey-ships/cruise-ship-dismantling-booms-in-turkey-after-pandemic-scuttles-sector-idUSKBN26N2MV

Where do governments borrow money?

 Thanks to the BBC

https://www.bbc.co.uk/news/business-50504151

Unemployment – Policies and Causes

 Great mind map from econfix

https://blog.elearneconomics.com/unemployment-policies-and-causes/

Stages of Economic Intergration

 Thanks to econfix

https://blog.elearneconomics.com/as-economics-economic-integration/

Public Debt: how much is too much

 Thanks to econfix

https://blog.elearneconomics.com/public-debt-how-high-can-it-go/

CPI infltion falls to 0.2%

 Partly due to the "Eat out to help out" scheme reports the BBC

https://www.bbc.co.uk/news/uk-54173658

Minimum wage and unemployment

 Thanks to econfix

https://blog.elearneconomics.com/does-a-higher-minimum-wage-mean-higher-unemployment-2/

UK economy continues recovery in July

 Good graph from the BBC

https://www.bbc.co.uk/news/business-54113948

NZ Terms of Trade data

Thanks to econfix
https://blog.elearneconomics.com/record-terms-of-trade-for-new-zealand-q2-2020/

Perfect competition mindmap

Thanks to econfix
https://blog.elearneconomics.com/a2-and-ncea-level-3-economics-perfect-competition-mindmap/

Recession recovery types

Thanks to econfix
https://blog.elearneconomics.com/v-u-z-w-l-recoveries-and-the-inverted-square-root/

Traditional v modern monetary theory

Thanks to econfix
https://blog.elearneconomics.com/modern-monetary-theory-vs-mainstream-monetary-theory-2/

Oligopoly and game theory

Thanks to econfix
https://blog.elearneconomics.com/oligopoly-game-theory-and-dominant-strategy/

The market for champagne

Thanks to the BBC
https://www.bbc.co.uk/news/world-europe-53726987

The airline industry and contestable markets

Thanks to econfix
https://blog.elearneconomics.com/ludicrous-regulations-of-the-us-airline-industry-and-contestable-markets-2/

UK enters COVID19 recession

Thanks to the BBC
https://www.bbc.co.uk/news/business-53748278

How do negative interest rates work?

Thanks to CNBC
https://www.youtube.com/watch?v=6KibetJGVA0
and
https://www.youtube.com/watch?v=FiYTmTHFa9E

Delhi air pollution 'killing our children'

Thanks to the BBC
https://www.bbc.co.uk/news/av/world-asia-india-50321498/delhi-air-pollution-killing-our-children

Specialisation in F1

As seen in F1

https://www.facebook.com/Formula1/videos/737679500109495/?t=0

Enforcing legislation

A new way to catch excessively noisy motorbikes in Paris
https://www.bbc.co.uk/news/av/world-europe-53521561/paris-police-step-up-anti-noise-patrols

What are negative interest rates?

Thanks to the BBC
https://www.bbc.co.uk/news/av/business-53479884/what-are-negative-interest-rates

Aggregate Demand: South Korea falls into recession as exports slump

Thanks to the BBC
https://www.bbc.co.uk/news/business-53496522

New Zealand runs a trade surplus

Thanks to econfix
https://blog.elearneconomics.com/nz-records-fifth-consecutive-monthly-trade-surplus-june-2020-426-million/

Allocative efficiency in labour markets?

Thanks to the BBC
https://www.bbc.co.uk/news/business-53477395

Savings ratio

Good graph from the BBC half way down
https://www.bbc.co.uk/news/business-53387647

Business cycle: China

Thanks to the BBC
https://www.bbc.co.uk/news/business-53399999

Problems with measuring unemployment: Unemployment rate: How many people are out of work?

Thanks to the BBC
https://www.bbc.co.uk/news/business-52660591
and
https://www.bbc.co.uk/news/business-53427304
and
https://www.bbc.co.uk/news/business-53416207

Modern Monetary Theory

Thanks to the BBC
https://www.bbc.com/reel/video/p08jbbry/why-we-need-to-debunk-the-deficit-myth-?ocid=ww.social.link.twitter
and econfix
https://blog.elearneconomics.com/modern-monetary-theory-the-deficit-myth/
and
https://blog.elearneconomics.com/?s=mmt

Food chains plan price cuts as £4bn VAT boost begins

A way to increase AD? Thanks to the BBC
https://www.bbc.co.uk/news/business-53411649

Domestic tourists needed to bolster GDP in NZ

Thanks to econfix
https://blog.elearneconomics.com/domestic-tourists-needed-to-bolster-gdp-in-nz/

NZ Farmers seek anti-dumping tariff on potatoes

Thanks to econfix
https://blog.elearneconomics.com/nz-farmers-seek-anti-dumping-tariff-on-potatoes/

Covid-19 and GDP components in New Zealand

Thanks to econfix
https://blog.elearneconomics.com/covid-19-and-gdp-components-in-new-zealand/

More trainees: Supply side policy

Thanks to the BBC

https://www.bbc.co.uk/news/business-53301076

Coronavirus: A visual guide to the economic impact

Thanks to the BBC
https://www.bbc.co.uk/news/business-51706225

Savings ratio increases in the UK

Thanks to the BBC
https://www.bbc.co.uk/news/business-53234128

Coronavirus: UK economy hit by worst contraction in 41 years

Thanks to the BBC
https://www.bbc.co.uk/news/business-53231851

How does government borrow money?

Good article from the BBC
https://www.bbc.co.uk/news/business-50504151

UK debt now larger than size of whole economy

Thanks to the BBC
https://www.bbc.co.uk/news/business-53104734
Two good graphs in there and more in here
https://www.tutor2u.net/economics/blog/surge-in-borrowing-takes-uk-national-debt-above-100-of-gdp

What is quantitative easing?

Thanks to the BBC
https://www.bbc.co.uk/news/business-15198789
and the latest round from the BoE
https://www.bbc.co.uk/news/uk-53093127

What is inflation?

Thanks to the BBC
https://www.bbc.co.uk/news/business-12196322

Effect of the pandemic on UK jobs

Thanks to the BBC
https://www.bbc.co.uk/news/business-53060529

Falling UK inflation rate

Down to 0.5% reports the BBC due to falling Aggregate Demand

https://www.bbc.co.uk/news/business-53075437

What is a recession?

Thanks to the BBC
https://www.bbc.co.uk/news/business-52986863

What id GDP?

Thanks to the BBC
https://www.bbc.co.uk/news/business-13200758

UK economy shrinks by 20% in April 2020

Thanks to the BBC
https://www.bbc.co.uk/news/business-53019360
and tutor2u
https://www.tutor2u.net/economics/blog/uk-gdp-falls-20-in-one-month

Post Brexit tariffs

Thanks to the BBC
https://www.bbc.co.uk/news/business-52723104

UK borrowing at record high as virus cost soars in April

Thanks to the BBC
https://www.bbc.co.uk/news/business-52766487
https://www.bbc.co.uk/news/av/business-52761890/how-will-we-pay-for-the-coronavirus-damage

Opportunity cost exercise

Thanks to tutor2u
https://s3-eu-west-1.amazonaws.com/tutor2u-media/subjects/economics/Scarcity-and-Opportunity-Cost-Intro-to-Micro.pdf?mtime=20200519210711

Fall in inflation during covid

Thanks to the BBC
https://www.bbc.co.uk/news/business-52735240

Coronavirus: Claimant count and Universal credit claims hit monthly record

Thanks to the BBC
https://www.bbc.co.uk/news/business-52721657
and more on how different sectors have been hit
https://www.bbc.co.uk/news/business-52660591
and this brilliant  graphic from sky
https://twitter.com/EdConwaySky/status/1262644673820200960/photo/1

The dangers of overspecialisation

Cashmere....of all things

https://twitter.com/adam_tooze/status/1262452895854874625/photo/1

UK economy shrinks at record 5.8% pace in March 2020

Thanks to the FT
https://www.ft.com/content/64ec173c-d397-43b7-a5f9-8b511a0f5204
and the BBC
https://www.bbc.co.uk/news/business-52641807

What is the UK's GDP?

Thanks to the BBC
https://www.bbc.co.uk/news/business-13200758

Coronavirus bailouts: Which country has the most generous deal?

Thanks to the BBC
https://www.bbc.co.uk/news/business-52450958

Coronavirus: What shape will the recession be?

Thanks to the BBC
https://www.bbc.co.uk/news/business-52450854

Evaluating the effects of rising national debt

Thanks to tutor2u
https://www.tutor2u.net/economics/reference/evaluating-the-effects-of-rising-national-debt

Bank of England's Covid Economic predictions

Thanks to the BBC
https://www.bbc.co.uk/news/business-52566030

Macroeconomic policies mind map

Thanks to econfix
https://i2.wp.com/blog.elearneconomics.com/wp-content/uploads/2020/05/Mind-Map-17.1-Macroeconomic-policies.jpg?resize=768%2C390&ssl=1

Behavioral Economics

Thanks to tutor2u
https://www.tutor2u.net/economics/reference/economics-of-the-crisis-behavioural-economics-head-start-in-a-level-economics

Global remittances and Covid19

Thanks to econfix
https://blog.elearneconomics.com/global-remittances-take-a-hit-with-covid-19/

Wage Price Spiral and the Long Run Phillips Curve

Thanks to econfix
https://blog.elearneconomics.com/a2-economics-wage-price-spiral-and-the-long-run-phillips-curve/