Blog and updates
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13 Apr 2018
How monopsony employers keep wages down
This great pieceexplains why employers have monopsony power over employees and how the institutional features of many US labour markets have emerged to support this position.
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13 Apr 2018
Electrifying roads to charge vehicles!
One of the worries about electric cars is the absence of the relevant infrastructure, but this Guardian article shows how Sweden is getting around this problem. Build the infrastructure in the...
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13 Apr 2018
Economics Weekly Quiz - 13 April 2018
Here's this week's economics news quiz. Good luck!
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12 Apr 2018
Chart Analysis - 'Chart Headlines' Activity
Here's an activity that you may like to try with your returning students to get them back into analysing charts and offering some evaluation. Called 'Chart Headlines' it offers a newspaper...
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12 Apr 2018
Misguided sugar tax unlikely to be effective in tackling obesity
One of George Osborne’s last acts as Chancellor in 2016 was to announce the so-called sugar tax. This has now duly come into force, in line with the original timetable.
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11 Apr 2018
Balance of Payments - "Key Term Match Up" activity
There are not many activities out there for testing knowledge of Balance of Payments. Here is one of our Key Term Match Up activities testing knowledge of the components of the Balance of Payments...
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11 Apr 2018
Marine Protected Areas - A Big Success Story in Mexico
Here is a hugely positive example of how protecting natural capital can bring about a transformation of coastal waters from a marine desert into a thriving ecosystem?
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10 Apr 2018
Diagram in Your Pocket online resource
Here's a quick reminder to any teacher or student who hasn't spotted this, we have an online 'Diagram in your pocket' resource that gives you a selection of some of the key diagrams A level...
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10 Apr 2018
Corporate responses to social issues
Here are some recent examples of businesses responding to growing consumer awareness and concern about environmental challenges such as plastic pollution, deforestation and the sugar content of...
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9 Apr 2018
Pressure on the shipping industry to cut emissions
Containerisation and huge freight ships are two of the defining characteristics of globalisation. But the scale of greenhouse gas emissions from global shipping is vast and the industry is coming...
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9 Apr 2018
Year 13 Micro diagrams - 'Da Vinci Code' activity
Here's a nice starter activity for your returning Year 13 students as they revise for their exams.
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5 Apr 2018
A Level & GCSE Economics Exam Board Market Shares for 2017
Here is our analysis of the DfE data which shows the number of candidates entered for A Level and GCSE Economics in England in summer 2017 and the resulting exam board market share.
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5 Apr 2018
How the Fed Works: After the Great Recession
This new video from Marginal Revolution looks at how the United States Federal Reserve (their central bank) has moved to use unconventional tools of monetary policy in a bid to revive the economy...
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5 Apr 2018
Revealed preference - motorists choose to pay sky-high motorway petrol prices
Politicians of almost all persuasions have an irresistible urge to meddle. The latest example is the fanfare orchestrated just before Easter by Chris Grayling, the Transport Secretary. He wrote to...
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5 Apr 2018
Could Universal Basic Income out-perform conventional Overseas Aid?
A village in Kenya is part of a trial with a universal basic income scheme in which all residents are given $20 a month for each of the next twelve years. How are people spending the money? What...
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5 Apr 2018
Labour markets: How useful are ratings in the Gig Economy?
Using any of the gig economy platforms gives you the chance to rate the person you have hired. This means that they can build up a reputation for their work, be it as a driver, a plumber or a...
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4 Apr 2018
Russia's bitter taste of capitalism
The challenges of being a transition economy - moving from Soviet central planning to a system relying more on market forces - is revealed vividly in this short video from BBC Witness.
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4 Apr 2018
Testing an Economic Theory - Are Lottery Ticket Buyers Rational
A great short video to show in the classroom on the supposed rationality of lottery ticket buyers! The team at Business Insider tested an economic theory by trying to buy people's Powerball tickets...
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4 Apr 2018
How To Win A Trade War
FiveThirtyEight has produced this super interactive game using game theory where you can find for yourself whether winning a trade war is as easy as President Trump appears to believe!
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3 Apr 2018
Trump's Trade Wars: Round Two
After the US imposed tariffs on imports of steel and aluminium, it was inevitable that China would retaliate fast.
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