Rising obesity rates worldwide, now estimated to affect over one billion people, are driving a surge in healthcare costs. The UK lies 55th highest for men and 87th for women in the world ‘obesity...
The EU Competition authorities have put the boot in as far as Apple is concerned with a massive 1.8 billion euro fine for Apple who have been found guilty of using their AppStore in an...
In the News Teaching Activity – can the Chancellor cut taxes in the upcoming budget? (Mar 2024)
The 2024 Budget is on Wednesday 6th March and there is much talk about whether the Chancellor may find some tax cuts before the General Election. This BBC article looks at some of his possible...
Economics Weekly Quiz | 01 March 2024
Here's our weekly economics news quiz covering stories from the UK and global economic events of the passed 7 days.
Tutor2u Year 12 student competition winner!
After reading many fabulous entries to the competition in the Autumn 2023 Economics Update Magazine, we are delighted to announce that Matilda Jones from St Joseph's, Ipswich is the overall Year 12...
In the News Teaching Activity – Rolls Royce’s profits increase after cost-cutting and rise in geopolitical tensions (Feb 2024)
Rolls Royce has seen a sharp increase in its profits after shedding some workers and benefiting from a boost to its revenues.
Economics of Surge Pricing
This economics video looks at surge pricing. Surge pricing, also known as dynamic pricing or demand-responsive pricing, is an economic concept where prices for goods or services increase during...
Supermarkets Battle for Staff
When we teach oligopolies we focus rather more on price stickiness in product markets, having made a number of assumptions about the nature of the market, notably the interdependence of firms in...
Will the UK government introduce a vape tax?
The UK government is set to introduce a new tax on vapes in a bid to curb growing use by teenagers. This follows taxes introduced in Germany and Italy. Will a tax on imported vapes work? What are...
Economic mess deepens in Nigeria
This article looks at the current state of the Nigerian economy - with inflation running at 30%, the naira having depreciated by two-thirds, with the pegging of the naira to the dollar having been...
Pollution and Development Barriers - Four Countries and Four Stories
An excellent four minute clip looking at the economic and human cost of air pollution in South Asia which causes an estimated 2 million premature deaths each year and reduces life expectancy by...
Growth and Development in Thailand - Tackling Human Capital Gaps
This World Bank clip looks at the lack of foundational skills in Thailand, a middle income country, noting that a lack of literacy and basic digital skills means that some people lack human...
CMA to investigate anti-competitive behaviour among leading house builders
Oh dear! It seems as though the housing market is in the crosshairs of the competition authorities, after a year-long investigation. It also appears that the outcome of this is, in some senses,...
In the News Teaching Activity – the Body Shop shuts down some of its UK stores (Feb 2024)
The Body Shop, once a pioneer in ethical trading and cruelty-free beauty, has been struggling and it announced closures of many of its UK stores this month as the UK business goes into administration.
Economics Weekly Quiz | 23 February 2024
Here's our weekly economics news quiz covering stories from the UK and global economic events of the passed 7 days.
Last week the ONS GDP data showed the UK economy grew weakly at 0.1% in 2023 with the last two quarters of 2023 showing negative real GDP growth – a recession.
Financial Economics Revision Video Playlist
There are over eighty revision videos in our Financial Economics playlist on You Tube and this includes 30 shorts for those wanting to work through key ideas quickly.
Government Intervention - Price Cap for Online Slot Machines to be cut
There's going to be tougher regulation of online slot machines, in line with fixed odds betting terminals (FOBT), so that under-25s will be limited to a £2 stake, and older gamblers will be allowed...
NVIDIA revenues soar - has AI reached a tipping point?
AI has hit the tipping point according to the Boss of NVIDIA which dominates the market for AI chips. Profits are up 769% on the year before. The company has reported revenue of over $21 billion in...
60 Second Economics - Behavioural Economics
lIdeal for rapid revision, this is a growing playlist of shorts covering aspects of behavioural economics!