Unit 1 Micro: Externalities from Metal Theft

If a criminal steals metal from a building yard or a jewellers the impact is relatively isolated but when metal theft extends to lifitng metal from roofs, railway lines and many other public buildings, thousands are inconvenienced and left to pay the cost - negative externalities are clear.

This news report from Al Jazeera looks at the growing economic and social problem of metal theft in London and a second video report from Channel 4 news looks at the external costs of copper theft from cables on the rail network that delays services and puts lives at risk. What are the best options for dealing with this crime epidemic? The Met Police has set up a specialist metal theft unit as part of their response.

Metal theft plagues London

Cable theft ‘epidemic’

Unit 2 Macro: Cyclical and Structural Economic Issues Facing the UK [23 May 2012]
Unit 2 Macro: Evaluation on Supply-Side Policies [21 May 2012]
Revision notes on unemployment [20 May 2012]
Unit 1 Micro: Revision Presentation on Externalities [16 May 2012]
Unit 1 Micro: Economics of Cocoa Prices [12 May 2012]
Unit 1 Micro: Economics of a Minimum Wage [12 May 2012]
Unit 1 Micro: Public Bads [12 May 2012]
Unit 2 Macro: Revision Notes on Supply-side Policies [10 May 2012]
Unit 2 Macro: Unemployment Glossary [5 May 2012]
musical negative externalities [1 May 2012]
Macro Revision: Putting Things in Context [29 Apr 2012]
Unit 1 Micro: Externalities - Deepwater Horizon 2 Years On [21 Apr 2012]
Unit 1 Micro: The Collapsing Price of Carbon [3 Apr 2012]
Unit 1 Micro: Revision on Producer Subsidies [2 Apr 2012]
Unit 1 Micro: Revision on Producer Cartels [31 Mar 2012]
Unit 2 Macro: Policies to Drive Economic Recovery [9 Mar 2012]
Unit 1 Micro: Winning the War on Deforestation [5 Feb 2012]
Externalities in Action- TED Talk [23 Jan 2012]
Externalities in song [22 Jan 2012]
Externalities Cartoon [22 Jan 2012]
Unit 2 Macro: Videos on Productivity [17 Jan 2012]
Economics at the Movies - Freakonomics [9 Jan 2012]
Unit 1 Micro: Revision MC Questions on Negative Externalities [8 Jan 2012]
Unit 1 Micro: Biomass Subsidies and Timber Prices [30 Dec 2011]
Unit 1 Micro: Video Clips on Negative Production Externalities [29 Dec 2011]
Unit 3 Micro: Sub Normal Profits - BP Leaves the Solar Industry [21 Dec 2011]
Economics of Deforestation [20 Dec 2011]
Prezi on Information Failures [20 Dec 2011]
Unit 2 Macro: Long Term Unemployment - A Human Story [15 Dec 2011]
Unit 2 Macro: Will a Youth Jobs Subsidy Work? [30 Nov 2011]
Behavioural Economics: Herd Behaviour [28 Nov 2011]
LSE lecture: Darwin economy [13 Nov 2011]
Unit 2 Macro: Video Clips on Unemployment [6 Nov 2011]
Unit 3 Micro: Impulses to Change Management Models [5 Nov 2011]
Unit 3 Micro: UK Executive Pay - All in it Together? [29 Oct 2011]
Unit 1 Micro: Is the Sun Dipping on Solar Subsidies? [27 Oct 2011]
Can the “invisible hand” solve Africa’s poverty? [13 Oct 2011]
Unit 1 Micro: Copper prices and a copper crime wave [10 Oct 2011]
Fat tax: Denmark [5 Oct 2011]
Unit 1 Micro: The Supply and Demand Rap! [28 Sep 2011]
Unit 1 Micro: Drink Driving and Government Intervention [26 Sep 2011]
Unit 1 Micro: Exercise on Market Supply [26 Sep 2011]
50% tax rates - Chuck it George [7 Sep 2011]
Unit 2 Macro: Reducing Unemployment after a Recession [11 Jul 2011]
Glastonbury, rain, mud, abandoned tents and negative externalities. [4 Jul 2011]
Unit 1 Micro: Are carbon taxes ineffective? [20 Jun 2011]
Poor Economics - Esther Duflo at the LSE [3 Jun 2011]
AS Macro Key Term: Supply-Side Policies [25 May 2011]
Unit 3 Micro: Monopsony Power in Markets [19 May 2011]
Super-cooperators and Game Theory [19 May 2011]
Unit 3 Micro: Perfect Competition [19 May 2011]
A2 Micro: Innovation Efficiency and Welfare [18 May 2011]
A2 Micro: Ownership and Control in Modern Businesses [18 May 2011]
Unit 3 Micro: Diseconomies of Scale [18 May 2011]
Electric car charging points ‘shortfall’ [11 May 2011]
Dominos Pizza turns to Behavioural Economics [5 May 2011]
Externalities of Oil Pollution [22 Apr 2011]
AS Micro Revision: Public and Private Goods [21 Apr 2011]
Externalities of Nitrogen Pollution in Europe [16 Apr 2011]
Key AS Micro Terms: Prices [15 Apr 2011]
AS Macro Key Term: Frictional Unemployment [11 Apr 2011]
RES Essay Competition - Obesity and a Fat Tax [7 Apr 2011]
AS Micro Revision: Banana Prices [1 Apr 2011]
The Power of Incentives [31 Mar 2011]
Tuesday Talks - the cycling city [8 Mar 2011]
Economics Q&A: Should the CAP be scrapped? [14 Feb 2011]
EU Economics: Hopes for a low carbon future in Europe [3 Feb 2011]
Youth Unemployment in the UK [24 Jan 2011]
The Externalities of Plastic [24 Jan 2011]
Winner of the Fun Theory Competition [23 Jan 2011]
Economics Q&A: Tragedy of the Commons and Market Failure [18 Jan 2011]
Economics Q&A: What are some of the benefits and drawbacks of a period of rising world food prices [4 Jan 2011]
Trees as private and public goods [3 Jan 2011]
Behavioural Economics - Public Policy and Behavioural Change [30 Dec 2010]
Promising news on deforestation [2 Dec 2010]
Chips - a demerit good. [11 Nov 2010]
Switching Off Street Lighting [10 Nov 2010]
Boris’s Bikes - Gearing up for Success? [30 Oct 2010]
Picturenomics (1) - Congestion and Externalities [18 Oct 2010]
Jerome Kerviel and the Principal Agent Problem [5 Oct 2010]
Animating the Ultimatum Game [6 Sep 2010]
Inequality and the risk of financial crisis [25 Aug 2010]
The Upside of Irrationality [22 Jul 2010]
Questions in Behavioural Economics - Combatting obesity [30 Jun 2010]
Recycling waste - goodbye stick, hello carrot [7 Jun 2010]
Innovation to get the British economy growing again [7 Jun 2010]
Unit 2 Macro: How can supply-side policies help in a recession? [6 Jun 2010]
Housing and the British Economy [5 Jun 2010]
Specific Supply Side policies [5 Jun 2010]
A selection of revision notes on supply side policies [1 Jun 2010]
Finding new opportunities among the economic wreckage [1 Jun 2010]
Economics of the EU Revision - Carbon Taxes [26 May 2010]
Is the UK coal industry turning a corner? [24 May 2010]
Unit 3 Micro: Efficiency and Price Intervention in Markets [21 May 2010]
AS Economics Revision - Government Failure [18 May 2010]
A2 Economics Revision - Direct and Indirect Taxation [9 May 2010]
Issues and Prospects for the UK Economy in 2010 [25 Apr 2010]
Build a Tower - Build a Team [22 Apr 2010]
RES Essay Competition - Inequality Title [1 Apr 2010]
Behavioural economics - lessons from an ad man [9 Mar 2010]

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