For those of us eagerly awaiting the release of the Case Study for OCR GCSE Economics Unit 593, the topic of globalisation provides a nice stepping stone to the more challenging material. Data out this week from the Society of Motor Manufacturers and Traders gives an insight into the motor industry and shows an increase of 5.8% in production by Britain’s car assembly plants.read more...»
Some great interactive data from the BBC on who owes who and how much. A great way to show GCSE (and A Level) students.
For all students studying international Economics this interactive data from the BBC is fantastic. You can compare GDP and income statistics with life expectancy, education, energy and health for a number of Asian countries.
This is a must for all GCSE students and even students studying standard of living at A Level.
An annual survey by the Economist Intelligence Unit has put Vancouver as the most liveable city in the world. The survey ranks cities in five areas – stability, health care, culture and environment, education and infrastructure. Each city receives a rating out of 100, with 100 per cent considered to be ideal and 0 per cent intolerable. In second place came Melbourne, Austrialia followed by Vienna, Austria in third place.read more...»
A watershed moment for the world economy?
If you are studying the global economy at the moment the latest information on economy sizes will be both interesting and useful to you. Japan’s economy was worth $5.474 trillion (£3.414 trillion) at the end of 2010, whereas China’s economy was closer to $5.8 trillion in the same period.
Here is a great article with some great data for students to use.read more...»
As part of the GCSE course students look at international economics and globalisation. Here is a great link to up to date information on the Turkish economy.
If your year 11 students are doing the OCR specification they will be preparing for their paper on international economics. This article is really interesting as it looks at the smaller nations across the world which contribute vital materials and therefore play an important part in the global economy. The article looks at Kazakhstan, Malaysia, Thailand, South Africa, Indonesia, Peru and the Ivory Coast.
There are some great news stories out today for the OCR A593 international paper as we see China leap frog Japan to become the number 2 economy in the world. How long will it take China to get ahead of the USA who occupy the top spot? China is already the biggest exporter, auto buyer and steel producer. China’s GDP for the second quarter of 2010 stood at $1.337 trillion, more than Japan’s $1.288 trillion.
Japan has held the second spot in the world standings since 1968.
This a great teaching resource from the BBC, a global recession timeline. it contains some short video clips and data. A great start to a lesson next term.
This could start a really good discussion on living standards. The 2009 Quality of Life Index published by International Living Magazine reveals that Britain have fallen to 25th place in the table. France top the table for the fifth year running.read more...»
The BBC have created a great short video showing how to use the OECD website. This will be particularly good for the OCR module on global issues.
A big element of the new OCR specification is the international economics area. This BBC article looks at each of the G20 countries and discusses what they have been doing to deal with the economics crisis and prevent it happening in the future.
Here is a great interactive world map by the BBC which aims to investigate the impact of the global recession. Being the BBC, it has load of videos and looks like it will continue to be added to over the next few weeks.
As most of us are now enjoying the summer break and therefore not in front of a class, I thought I would turn the attention to preparing for the new GCSE’s which start in September. Over the holidays we will look at some of the new topics and also some of the old ones.
Today is the turn of the OCR GCSE in Economics.
Trawling through the BBC website on Thursday evening I came across an absolute gem. How often do we want interesting data to use with our classes? Well I think I have found an answer! The new online tool OECD Factbook eXplorer.