Category
Teaching activity
In the News Teaching Activity – Market forces caused a price slump in the lithium market in 2023 (Jan 2024)
In 2023 oversupply in the lithium market caused an 80% collapse in prices in the year to December 2023 from $80,000 to $13,600 a ton.
In the News Teaching Activity –the debate over the Labour party’s £28bn green investment pledge (Jan 2024)
Another Sky News explainer from Ed Conway - this time he takes a closer look at the fiscal implications of the Labour party’s pledge to spend £28bn on green investment.
In the News Teaching Activity – Is it time for the UK to build more flood defences? (Jan 2024)
It has been a miserable start to 2024 for many people as their homes have been badly flooded, travel has been disrupted and conditions have been dangerous. Many will be asking for more flood...
In the News Teaching Activity – could higher pay help stem the problem with retaining doctors in the NHS? (Jan 2024)
Junior doctors are striking for six days, the longest ever time this January – they are demanding higher pay. Is there a problem with the supply of labour by doctors to the NHS that better pay can...
Ed Conway, the Sky News economics correspondent considers whether 2023 was a good or bad year for the UK economy.
In the News Teaching Activity – Is Christmas 2023 likely to be a merry one for retailers? A gloomy tale of consumer spending (Dec 2023)
The Economics Observatory have taken a closer look as the factors that have influenced consumer spending in recent years and considers how retailers are likely to be affected.
In the News Teaching Activity – More cash transactions to help people manage their finances as the cost-of-living rise bites (Dec 2023)
Over the past decade, people have used fewer notes and coins for transactions, but now there is an increase in cash use again.
New Kahoot Quizzes on Market Failure
We are busy adding new Kahoot quizzes to the tutor2u channel. Three new quizzes have been created covering aspects of market failure.
In the News Teaching Activity – Unprecedented net migration into the UK (Dec 2023)
Ed Conway, Economics correspondent at Sky News, does a deep dive into the recent data showing high net migration figures.
In the News Teaching Activity –Financial market failure that led to the Global Financial Crisis 2007-9 (Dec 2023)
Alistair Darling proved to be a calm Chancellor of the Exchequer during the storm of the Global Financial Crisis in 2007-9, an important event in economic history.
In the News Teaching Activity – Lack of competition in the baby milk formula market is adding to the cost-of-living crisis (Dec 2023)
The CEO of Iceland has highlighted the lack of competition in the baby formula market, arguing producers are exploiting those struggling in the cost-of-living crisis.
In the News Teaching Activity – Autumn Statement tax cuts announced though households may not feel the benefits (Nov 2023)
Headline-grabbing reduction in employee national insurance contributions in the Autumn Statement, but a poor outlook for households’ real disposable income
In the News Teaching Activity – inflation-busting increase in national minimum wage for 2024 (Nov 2023)
The government has announced a significant increase in the national minimum wage rates to take effect from April 2024.
IMF suggests Latin America could develop faster with more international trade openness (Nov 2023)
According to the IMF, Latin America can unlock its economic potential by boosting international trade through improved infrastructure and better development strategies.
In the News Teaching Activity – China’s economy experiences deflation in October (Nov 2023)
While the UK struggles with a cost-of-living crisis and inflation above target, the Chinese price level has started to fall.
In the News Teaching Activity – Lessons from Scotland’s cap on rent increases (Nov 2023)
Scotland introduced a maximum annual rent rise of 3% in September 2022 to solve the issue of rising rents during the cost-of-living crisis, but the outcomes have not been as beneficial as hoped.
In the News Teaching Activity: British Steel Plans To Decarbonise Plant Putting Jobs at Risk (Nov 2023)
British Steel's shift to electric furnaces risks jobs, sparks concern over UK steel independence, but should help with decarbonisation. Have a go at this free teaching activity, which includes a...
In the News Teaching Activity – Sainsbury confident of a profitable Christmas (Nov 2023)
Sainsburys believe they are winning back some market share from the discount supermarkets and are anticipating a good Christmas for profits.
In the News Teaching Activity – BoE warns against early interest rate cut (Nov 2023)
The Bank of England is expecting a stagnant economy over the next year but is keeping its base rate at 5.25% to squeeze the inflation rate back down towards its target of 2%.
Trade and Specialisation: Play ConnectTrade
If you enjoy connections, wordle, & tradle, then you will probably like the latest OEC game: ConnectTrade. Can you connect four countries and the four products that make up some of their key...