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Unit 2 Macro: King senses the start of a recovery

Geoff Riley

20th September 2012

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Channel 4 news tonight carried a major interview with the Governor of the Bank of England, Mervyn King. In it he remarked that there were tentative signs of a stronger and more durable recovery in the British economy. What signs might you look for in assessing whether the economy is moving into a sunnier stage of the business cycle? This would make for a good independent learning assignment and classroom discussion for economists are fond of their own favourite indicators, some of them conventional and predictable, others a little wackier but perhaps useful!

Here are a couple of snippets from the Mervyn King interview on Channel 4




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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.