Saturday, September 20, 2014

Unit 1: Positive and negative externalities from the Kenyan flower industry

Nice clip from the BBC raising many issues regarding Africa growing flowers for Europe


http://www.bbc.co.uk/news/business-29276515#

Unit 1: Demand and supply of loom bands

Thanks to tutor2u for this activity


http://www.tutor2u.net/blog/index.php/economics/comments/loom-bands-a-demand-and-supply-example-and-activity



Saturday, September 13, 2014

Unit 1: The economic problem: Who gets the goods produced

An interesting solution to scarce resources in Venezuela; fingerprinting(!) reports the BBC
http://www.bbc.co.uk/news/world-latin-america-28893383#

Unit 1: Welsh assembly plan to stop smoking in cars

.If you have a child in the car, a £50 fine reports BBC Wales
http://www.bbc.co.uk/news/uk-wales-29169124#



Unit 2: EU unemployment

Thanks to economicshelp for this
http://www.economicshelp.org/blog/1247/economics/european-unemployment-2/

Unit 2: Why is the AD curve downward sloping?

Thanks to economicshelp for this
http://www.economicshelp.org/blog/11437/economics/why-is-the-aggregate-demand-ad-curve-downward-sloping/

Unit 2: Exchange rates

Thanks to economicshelp for this explanation
http://www.economicshelp.org/blog/11422/economics/real-effective-exchange-rate/

Unit 2: The effect of contractionary fiscal policy in Japan

As you would expect, reports Sky
http://news.sky.com/story/1331936/japans-economy-dips-as-new-sales-tax-bites

Unit 2: A more accurate measure of output? Drugs and prostitution boost GDP

So reports Sky


http://news.sky.com/story/1329351/uk-economy-boosted-by-wider-contributions
and the BBC audio http://www.bbc.co.uk/news/business-29042385#

Saturday, September 06, 2014

Friday, August 15, 2014

Unit 2: Supply side policies to tackle youth unemployment in Kenya

This Aljazeera video shows a small supply side policy; low interest loans from government


http://bcove.me/bnt3wne8

Tuesday, August 12, 2014

Sunday, August 10, 2014

Unit 2: How good a measure of growth is GDP

Nice summary from the BBC


http://www.bbc.co.uk/news/business-28324971

Unit 1: Rising demand for Steinway pianos in China

Rising incomes seems to be the main, but not the sole reason reports the BBC


http://www.bbc.co.uk/news/business-28578541#

Unit 1: Aspirin: Am I suffering from information failure?

Is there under consumption of aspirin in the free market? It appears there might be according to this BBC report


http://www.bbc.co.uk/news/health-28670584