Nice clip from the BBC raising many issues regarding Africa growing flowers for Europe
http://www.bbc.co.uk/news/business-29276515#
Saturday, September 20, 2014
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
http://www.tutor2u.net/blog/index.php/economics/comments/loom-bands-a-demand-and-supply-example-and-activity
Thursday, September 18, 2014
Unit 1: Negative externalities from converting a mill
A pretty clear case of negative externalities in Hampshire reports the BBC
http://www.bbc.co.uk/news/uk-england-hampshire-29209283#
http://www.bbc.co.uk/news/uk-england-hampshire-29209283#
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#
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#
http://www.bbc.co.uk/news/uk-wales-29169124#
Labels:
Actions to correct market failure,
Regulation,
Video
Unit 2: EU unemployment
Thanks to economicshelp for this
http://www.economicshelp.org/blog/1247/economics/european-unemployment-2/
http://www.economicshelp.org/blog/1247/economics/european-unemployment-2/
Unit 2: Exchange rates
Thanks to economicshelp for this explanation
http://www.economicshelp.org/blog/11422/economics/real-effective-exchange-rate/
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
http://news.sky.com/story/1331936/japans-economy-dips-as-new-sales-tax-bites
Saturday, September 06, 2014
Unit 1: e-cigarettes; are they a case of market failure requiring government intervention?
This appears not be clear cut with a lack of data on this new product market on long term health effects. This BBC clip may start you thinking
http://www.bbc.co.uk/news/uk-england-28983713# and Sky http://news.sky.com/story/1324805/call-for-e-cigarettes-to-be-banned-indoors.
This might alter your views!
http://news.sky.com/story/1330462/report-e-cigarettes-could-save-thousands
http://www.bbc.co.uk/news/uk-england-28983713# and Sky http://news.sky.com/story/1324805/call-for-e-cigarettes-to-be-banned-indoors.
This might alter your views!
http://news.sky.com/story/1330462/report-e-cigarettes-could-save-thousands
Saturday, August 23, 2014
Cost Benefit Analysis: Swansea lagoon
Thanks to tutor2u for pulling together these resources
http://www.tutor2u.net/blog/index.php/economics/comments/cost-benefit-analysis-swansea-tidal-lagoon?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+economics_news+%28tutor2u+Economics+Blog%29#When:08:17:00Z
http://www.tutor2u.net/blog/index.php/economics/comments/cost-benefit-analysis-swansea-tidal-lagoon?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+economics_news+%28tutor2u+Economics+Blog%29#When:08:17:00Z
Unit 2: What determines the level of interest rates?
An interesting article from the Guardian
http://www.theguardian.com/business/2014/aug/17/interest-rates-go-up-five-points-bank-of-england-decide
http://www.theguardian.com/business/2014/aug/17/interest-rates-go-up-five-points-bank-of-england-decide
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
http://bcove.me/bnt3wne8
Tuesday, August 12, 2014
Unit 1: Should we have warning labels on alcohol bottles?
An interesting topic for evaluation which could start with this BBC clip
http://www.bbc.co.uk/news/uk-28736758#
http://www.bbc.co.uk/news/uk-28736758#
Sunday, August 10, 2014
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#
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
http://www.bbc.co.uk/news/health-28670584
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