Blog and updates
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19 Sept 2018
Stepping back to 2008
This excellent programme was broadcast on Saturday night on BBC Radio 4 and traces events surrounding the causes of global financial crisis. It is made up of extracts from archive BBC material and...
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17 Sept 2018
History Repeating: The Financial Crisis 10 Years On
Adam Parsons from Sky News has this special report from New York, a decade on from the collapse of Lehman.
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14 Sept 2018
Economics Weekly Quiz - 14 September 2018
Here's the new academic year's first Economics Weekly Quiz. 10 multi-choice questions. Good luck!
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14 Sept 2018
Do free museums serve all social classes?
Free museum access is often depicted as something that might be classified as a quasi-public good, but this Newsnight clip debates whether or not that's the case.
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13 Sept 2018
Financial Crisis Explained: 4 Short FT Videos
Hats off to the Financial Times for producing this series of short videos discussing aspects of the global financial crisis. Superb for new students wanting to bring their historical knowledge up...
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12 Sept 2018
The Economics of Superstars
Rugby Union’s Premiership season is under way again. Yet another professional sport which operates on the principles of socialism: the money all ends up in the pockets of what we might call the...
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12 Sept 2018
CORE Schools Economics Challenge 2018
Here are details of a fantastic new challenge from the CORE Economics team in partnership with the Financial Times. The deadline for entries is the 1st of October.
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10 Sept 2018
Ireland as a tax haven for multinationals
US firms book more profits in Ireland than in China, Japan, Germany, France & Mexico combined according to a new paper on the tax havens and multinational activity published by Gabriel Zucman,...
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10 Sept 2018
Co-op joins the price war in the funeral industry
Increased competition in the funeral sector, with the Co-op looking to bury its rivals by offering cheaper funerals. The average price of a funeral is falling, with customers opting for no-frills...
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10 Sept 2018
Should the monopoly power of the tech titans be broken up?
Vince Cable argues here that the tech giants need to be broken up, arguing that their size is a threat to welfare. He argues that these companies represent new forms of monopoly, and are able to...
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10 Sept 2018
Concerns over plastic waste set to beat price as primary concern for consumer
As this may well be the second or third week of teaching your new Economic students this term, you might well be at the stage of discussing demand, supply and price determination. Here's an...
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7 Sept 2018
Stiglitz - Have enough lessons been learned before the next downturn?
Joseph Stiglitz argues herethat history has a lot to teach us, and that economists need to return to it, if they wish to head off the worst consequences of the next US downturn.
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7 Sept 2018
Watersones buys Foyles in bid to counter Amazon threat
Consolidation in the UK bookstore market as Waterstones tries to strengthen its position to counter the threat from Amazon. Waterstones has bought fellow book-retailer Foyles perhaps best known for...
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7 Sept 2018
Health care spending in the UK
Here are some links to the scale and pattern of health-care spending in the UK economy.
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7 Sept 2018
Five surprising outcomes of the 2008 Financial Crisis
Gillian Tett's article in today's FT is a fantastic list of unintended consequences, failures of regulation, and the difficulty of curbing monopoly power. There are lots of great commentary pieces...
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7 Sept 2018
Service sector growth boosts UK - for now
The PMI survey is an important indicator of the level of activity in an economy. It stands for Purchasing Managers Index, and is based on a monthly survey sent to senior executives at more than 400...
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6 Sept 2018
Think Tank calls for major reforms of the UK economy
The IPPR Commission on Economic Justice has found that the UK is being held back by a number of weaknesses, not least a lack of investment, and high levels of inequality and has proposed a number...
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6 Sept 2018
Coca Cola Buys Costa Coffee
Whitbread bought Costa for £19 million 23 years ago when it had only 39 shops. The breaking news today is that Coca Cola is buying the Costa Coffee chain from Whitbread plc for just under £4 billion.
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5 Sept 2018
Factors of Production - Enterprise. Try our 'Card Drop' activity on entrepreneurs
Lesson 1 - factors of production! Land, labour, capital, enterprise. Try this 'Card Drop' activity on entrepreneurs. There are 10 questions about real-life entrepreneurs. Each question has four...
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5 Sept 2018
Factors of Production - Enterprise. Try this 'Card Drop' activity
Lesson 1 - factors of production! Land, labour, capital, enterprise. Try this 'Card Drop' activity on entrepreneurs. There are 10 questions about real-life entrepreneurs. Each question has four...
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