L, U, W, V or bathtub shaped?
No doubt we have all heard the various letters and shapes that have been suggested for the shape of this recession. This article in the Guardian would make a great start to the half term possibly prompting an interesting discussion.
Great data on the global recession
The Guardian has once again produced a great guide to the countries that are still in recession and those that are beating it.
The UK still in recession - some great resources
As it was announced today that the UK remains in recession with the economy unexpectedly contracting 0.4% between July and September, there are some great resources around for teaching economic growth and GDP. The graph below from the BBC shows this recession and the last.
Does money really make the world go round?
This really links well with Innes’ mnemonic today. Innes looked at why GDP is not the best measure of standard of living. So does rising national wealth really make peoples lives better?
