Final dates! Join the tutor2u subject teams in London for a day of exam technique and revision at the cinema. Learn more

In the News

Mark Carney gives a short A level Economics lesson on Tragedy of the Commons

Jonny Clark

9th March 2018

It will be music to the ears of many Economics Teachers to read (or hear) the Governor the Bank of England use terminology such as 'tragedy of the commons', 'market failure' and 'rational behaviour of the individual'. Mark Carney did just that when he gave an interview to Sky News, discussing the causes and possible consequences of over-fishing and pollution in the sea caused by plastic.

Which, of course, begs the question: are the new £5 and £10 polymer notes recyclable when they come to the end of their viable use? The answer is here....

Jonny Clark

Jon Clark has been teaching economics and business studies for over 25 years primarily in the Further Education sector. Before joining tutor2u, he was a senior manager at South Cheshire College in Crewe.

© 2002-2024 Tutor2u Limited. Company Reg no: 04489574. VAT reg no 816865400.