Economics Snapshot - Water Footprints

An area of growing concern is the water footprint of the goods and services we consume. The Worldwide Fund for Nature has estimated that each Britain effectively uses 4,645 litres of water a day to produce the food on our tables and the T-shirts on our backs

*One cup of fresh coffee needs 140 litres of water to produce
*The production of one kilogram of beef requires 16,000 litres of water
*One litre of beer consumes less water (300 litres) than one litre of orange juice (850 litres)
*A meat and dairy-based diet consumes about 5,000 litres of virtual water a day while a vegetarian diet uses about 2,000 litres
*Agriculture worldwide accounts of over 85% of fresh water usage

Source: Sustain Campaign for Water Labelling (pdf file download)

Unit 3 Micro: Game Theory and Business Economics [21 May 2012]
Unit 2 Macro: Positive and Negative Multiplier Effects [20 May 2012]
Unit 2 Macro: The Importance of Productivity [20 May 2012]
Q&A: What do we need to know about output gaps? [20 May 2012]
Revision notes on unemployment [20 May 2012]
Unit 1 Micro: Revision on Rice Prices [13 May 2012]
Unit 1 Micro: Price Elasticity of Supply [13 May 2012]
Unit 1 Micro: Income Elasticity of Demand [13 May 2012]
Unit 1 Micro: Economics of Cocoa Prices [12 May 2012]
Made in China - but not quite so cheaply…... [7 May 2012]
Unit 2 Macro: Aggregate Demand Glossary [5 May 2012]
Unit 1 Micro: End of the Road for the Lada [29 Apr 2012]
Unit 3 Micro: Evaluation Question on Supermarkets [11 Apr 2012]
Unit 3 Micro: Revision on Scale Economies and MES [5 Apr 2012]
Unit 1 Micro: Revision on Price Elasticity of Supply [5 Apr 2012]
Unit 3 Micro: Revision on the Law of Diminishing Returns [4 Apr 2012]
Unit 1 Micro: Revision on Producer Subsidies [2 Apr 2012]
Unit 3 Micro: Revision on Scale Economies, Technology and Prices [1 Apr 2012]
Unit 2 Macro: Revision on Index Numbers [31 Mar 2012]
Unit 1 Micro: Brazilian coffee buffer stock hit by falling prices [29 Mar 2012]
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Price of Stamp increases to 60p [27 Mar 2012]
The Economics of Climate Change - Stern 5 Years On [21 Feb 2012]
Unit 1 Micro: Winning the War on Deforestation [5 Feb 2012]
Unit 4 Macro: Focus on India - World’s Cheapest Computer [26 Jan 2012]
Unit 4 Macro: Focus on India - Supply Side Issues [25 Jan 2012]
Unit 2 Macro: Videos on Productivity [17 Jan 2012]
Economics at the Movies - Foods that Make Billions [15 Jan 2012]
China’s newest 5 year plan - and how it could change the world! [12 Jan 2012]
Unit 2 Macro: Factors Driving Business Investment [10 Jan 2012]
Unit 1 Micro: Biomass Subsidies and Timber Prices [30 Dec 2011]
Unit 1 Micro: Inside a Biscuit Factory [1 Dec 2011]
Unit 3 Micro: Tacit Collusion in the Supermarket [27 Nov 2011]
Behavioural Economics: Bittersweet Symphony - The Psychology of Food [8 Nov 2011]
Unit 3 Micro: Unilever hit by rising costs [6 Nov 2011]
Unit 3 Micro: Economies of Scale and the Kinect [31 Oct 2011]
Unit 1 Micro: Economists attack food price speculation [24 Oct 2011]
Unit 4 Macro: World Food Day [16 Oct 2011]
Unit 1 Micro: Waste Mountains as Above Ground Mining [6 Oct 2011]
Fat tax: Denmark [5 Oct 2011]
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Unit 1 Micro: Exercise on Market Supply [26 Sep 2011]
Unit 1 Micro: Division of Labour [22 Sep 2011]
Unit 3 Micro: Fixed and Variable Costs [18 Sep 2011]
Unit 2 Macro: Income and Wealth in the UK [12 Sep 2011]
Unit 2 Macro: Value Added in Production and GDP [11 Sep 2011]
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Unit 3 Micro: Motorsport Valley and External Economies of Scale [12 Jul 2011]
Unit 3 Micro: Oligopsony - Dairy Losses Drive Farmers from the Fields [10 Jul 2011]
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AS Micro: Fears over a century of hunger [22 Jun 2011]
Poor Economics - Esther Duflo at the LSE [3 Jun 2011]
AS Macro Key Term: Economic Recovery [23 May 2011]
AS Macro Key Term: Recession [23 May 2011]
AS Macro Key Term: Spare Capacity [23 May 2011]
A2 Micro: Competition Policy [20 May 2011]
A2 Micro: Oligopoly and Collusion [20 May 2011]
A2 Micro: The Importance of Profit [19 May 2011]
A2 Micro: High and Low Marginal Cost Products [19 May 2011]
A2 Micro: Outsourcing [18 May 2011]
A2 Micro: Business Growth [18 May 2011]
A2 Micro: Innovation Efficiency and Welfare [18 May 2011]
Unit 3 Micro: Diseconomies of Scale [18 May 2011]
A2 Micro: Minimum Efficient Scale [18 May 2011]
Unit 1 Micro: Tackling Obesity - Alternative Approaches [15 May 2011]
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AS Micro: Government Failure in Wind Farms [4 May 2011]
AS Micro: Rising Global Food Prices [2 May 2011]
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AS Micro: Mock Exam Question on Sugar Prices [28 Apr 2011]
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AS Micro: Importance of Elasticity of Supply [23 Apr 2011]
A2 Micro: Changes in Costs and Profits [23 Apr 2011]
Key AS Micro Terms: Competition and Monopoly [17 Apr 2011]
Key AS Micro Terms: Costs and Profits [16 Apr 2011]
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In Praise of Farmers and Farming [13 Apr 2011]
AS Macro Key Term: Seasonal Unemployment [10 Apr 2011]
AS Macro Key Term: Double-Dip Recession [8 Apr 2011]
RES Essay Competition - Obesity and a Fat Tax [7 Apr 2011]
AS Macro Key Term: Under-employment [7 Apr 2011]
AS Macro Key Term: Economic Structure [6 Apr 2011]
AS Macro Key Term: Aggregate Supply Shock [6 Apr 2011]
AS Macro Key Term: Inflationary Pressure [5 Apr 2011]
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AS Micro Revision: Banana Prices [1 Apr 2011]
OPEC oil revenues set to surge above $1 trillion in 2011 [30 Mar 2011]
Focus on Japan - Human Catastrophe, Economic Risks [13 Mar 2011]
Timetric: UK Balance of Trade in Oil [6 Mar 2011]
Combining monetary and fiscal policy to curb inflation in China [16 Feb 2011]
When the Water Ends [15 Feb 2011]
The US-China Trade Deficit [14 Feb 2011]
Economics Q&A: Should the CAP be scrapped? [14 Feb 2011]
Economics Q&A: What factors help to explain rising food prices? [14 Feb 2011]
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