Blog | tutor2u Economics

The Bank of England and Federal Reserve held a two-day conference last week in London on Big Data and machine learning. All very interesting stuff. There was an intriguing vignette...

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Herd behaviour can be perfectly compatible with rationality

The Competition and Markets Authority is considering a major new investigation into rampant price inflation in the costs of funerals and crematorium services.

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Funeral charges under the competition microscope

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5th December 2018

Takeda seeks takeover of Shire

This is a massive merger story - the largest in Japan - as Takeda gets shareholder approval for a £46bn takeover of pharmaceutical company, Shire. The new company will be...

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Takeda seeks takeover of Shire
4th December 2018

Qatar leaves OPEC

Qatar has announced that they are leaving the OPEC oil cartel and focusing instead on expanding investment and production in natural gas. Qatar has the third largest known natural gas...

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Qatar leaves OPEC

Another solution to urban congestion problems is being rolled out in Madrid today: only zero emissions cars are going to be allowed to travel in the city centre, with various...

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Madrid bans polluting cars from the city centre
30th November 2018

External costs of fast fashion

How can retailers sell T-shirts and dresses at rock bottom prices? Well, in the first place because they're made in bulk in places with exceptionally low wages - and similarly...

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External costs of fast fashion

A short video exploring some of the reasons for rapid inflation in the price of college textbooks in the United States - but an issue with wider appeal to students...

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Why are economics textbooks so expensive?

Business Insider visits a cranberry farm to explore how over 200 billion cranberries are harvested each year. Ocean Spray Cranberry farms are a part of a cooperative established in 1933 that includes...

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Inside the Ocean Spray Cranberry Cooperative

Just fascinating - this article looks at the purpose and consequences of inflation targets, arguing that they don't always promote stability as intended but might actually increase uncertainty, and result...

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Unintended consequences of inflation targets

Between August 2017 and July 2018, approximately 7,900 square kilometers (3,050 square miles) of rainforest in Brazil was destroyed equivalent to an area of a million football pitches or five times the size of...

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Deforestation in Brazil is the worst for ten years

More than 11,000 pubs have closed in the UK in the last decade – a fall of almost a quarter. Many smaller pubs have closed as the industry has consolidated towards the...

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Economies of Ale - Changes to the UK Pub Industry

This BBC article highlights an oft-overlooked aspect of development: the need for basic sanitation. Over 2 billion people lack access to basic toilets, despite technological advances in toilets that would improve...

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Human development - why do billions still lack basic sanitation?

Remarkably, Kenya has the world's most stringent legislation banning plastic bags - but has it worked? This BBC clip investigates, looking at a range of issues, the impact on a...

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Kenya banned plastic bags - should the UK do the same?

If you're looking for a competition to get your students thinking about applying their economic knowledge to the real world then you should give the Economic Research Council's 'Clash of...

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ERC's 'Clash of the Titans' - a superb competition for Economics Students

This is an interesting article, because it counters the prevailing wisdom. For the most part, we talk about removing regulation - i.e. deregulation - to increase efficiency. However, in...

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Monopsony power - should car washes be licenced?

If you want an ethical issue to discuss, then this might be it? Should we pay people for donating blood. This raises all sorts of concerns - there's clearly an...

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Should people be paid for donating blood?

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