Blog and updates
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22 May 2018
You Tube Music takes on Spotify and Apple
Google is revamping their You Tube music service to take on Spotify. 85% of You Tube users listen to music for free so can they successfully get people to pay for a music streaming subscription...
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21 May 2018
Aggregate Demand and Aggregate Supply - Connection Wall Activity
Here's a 5 minute activity you might to try as a classroom activity or as homework wen revising aggregate demand and supply. Find the 4 connections between the 16 phrases on screen. Connection Wall...
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20 May 2018
Vietnam: Improving Institutions to Sustain Development
A little World Bank clip emphasising the importance of institutions in fostering development in Vietnam. Institutions are key drivers of growth, and, development, and a hot topic for development...
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20 May 2018
Why the East Coast rail franchise imploded
The excellent Gwyn Topham-Hatt writes in the Observer, highlighting the reason why the Virgin East Coast rail franchise collapsed. The company worked on the basis that passenger numbers were...
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20 May 2018
Freer trade means more trade
Excellent for Theme 4 macroeconomics! In the last few years the pace of trade liberalisation has almost ground to a halt; to kick start global growth we need more free trade according to Ian...
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19 May 2018
Instagram, Facebook and Consumer Surplus!
Reservation prices (how much would you need to be paid to give up Facebook for a month) and consumer surplus from Instagram - some wonderful applied micro here for economics students of all ages!
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17 May 2018
Why did we sell off the railways?
Yesterday the Transport Secretary Chris Grayling announced that the East Coast main line was to be taken back into public ownership. The FT have released a fantastic video that asks the question;...
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16 May 2018
Ten More Practice Micro and Macro Essay Titles
Here are ten more practice essay titles that might be worth planning and writing under timed conditions:
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16 May 2018
Eight more (Edexcel) Synoptic Practice Questions
Here are eight more synoptic practice questions for Paper 3 Edexcel.
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16 May 2018
Unintended consequences of setting targets
The Windrush scandal still bubbles away. The bureaucrats in the Home Office are being condemned for their harsh behaviour. But they are simply reacting in a way entirely compatible with the...
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15 May 2018
Digital Credit Powers Entrepreneurship in Madagascar
What's not to like? Development, technology and micro-credit in one clip. This International Finance Corporation clip looks at how digital credit has helped small-scale entrepreneurs in Madagascar.
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15 May 2018
Development economics - measuring life expectancy
It can be very hard to measure the impact of government spending on healthcare, and the effect that it has on the living standards in a country. New data from the Institute of Health Metrics and...
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14 May 2018
Bank of England School Visits
At the beginning of this half term, we were fortunate to host Mauricio Armellini, one of the Bank of England’s North East agents.
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14 May 2018
The Most Important Economics Books
When Dean Baker, Linda Yueh, Tim Harford and Diane Coyle contribute to an article highlighting what they feel are the most important economics books to devour - for students and lay people alike -...
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11 May 2018
Sweden aims to be completely cashless by 2025
The FT reports from Sweden, a country that could become completely cashless by 2025 - what are the benefits and costs of a decisive move towards a cashless society?
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11 May 2018
Labour Market General Knowledge Quiz
I'm just starting to teach labour market economics to my Year 12 Economists. Here is a ten question quiz I used to kick off our discussions to give them some introductory perspective.
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10 May 2018
Automatic enrolment in pensions - a successful behavioural nudge?
The ONS has published a series of data tweets supporting the view that the introduction of auto-enrolment into workplace pension schemes has been a success in increasing the number of people with...
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7 May 2018
Inside iPhone City - A Factory with 350,000 workers
A hat tip to Jon Inge who spotted this Business Insider report on a visit to the FoxConn complex 20 miles outside downtown Zhengzhou where more than half of the world's iPhones are assembled by a...
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