Blog and updates
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25 May 2017
Learning from Economic Shocks
How to make sense of unexpected changes in the economy and how this effects the 'big system'. This short video from the 2017 RES conference looks at how an economy that is one big system cannot...
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25 May 2017
China defends higher import tariffs on sugar
Brazilian sugar exports are most likely to be affected by this Chinese tariff on sugar imports. The usual demand-supply analysis framework and welfare issues can be applied to this decision by...
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25 May 2017
Tax and the Manifesto - A Case Study in Behavioural Change
The two main manifestos have been published. Initially at least, the Labour one seems the more popular. Many people are susceptible to being bribed with other people’s money.
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24 May 2017
Labour markets - what jobs do UK workers actually do?
As part of their build up to the Election next month, the BBC website carries an article by Laura Gardiner of the Resolution Foundation. It examines the current data behind the headline that there...
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24 May 2017
Digital currencies see a new price boom
This article from BBC news underscores the fact that we're in the middle of a digital currency boom, with Bitcoin and Ethereum traded at record highs.
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24 May 2017
Robert Shiller on Fear for the Future and Economic Stagnation
Robert Shiller writes in the Guardian about the reasons for the current economic stagnation. He argues that uncertainty, both short-term and long-term is adversely affecting spending. The latter...
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24 May 2017
Apple opens a new academy in Italy
The global battle for talent shows no sign of easing off. Apple's decision to establish a new academy in Naples is welcome news for the Italian economy and addressing their structural north-south...
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22 May 2017
China raises import tariffs on sugar
A good contextual example here of import quotas and import tariffs in tandem!
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21 May 2017
Unintended consequences of cigarette packaging rules
An interesting and unintended consequence of the new legislation governing tobacco packaging in the UK. Phillip Morris has sought to get around the plain packaging legislation by selling cigarettes...
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21 May 2017
Mersey Beats the World with Biggest Wind Turbines
Is this a tipping point for wind power, as economies of scale make wind more profitable than nuclear energy? Certainly that's what the Guardian is hoping as the latest extension to the Burbo Bank...
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21 May 2017
Can Asia reach high-income status?
A useful blog here from the Asian Development Bank on some strategies for Asian countries wanting to escape the so-called middle-income trap. Spending more on research and innovation is seen as key...
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20 May 2017
12 Essential Macro Revision Videos to Watch on Year 1 (AS) Economics
Here is our recommendation for 12 essential short topic revision videos to watch as you complete your revision for the macroeconomics paper for A Level Year 1 (AS) Economics.
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17 May 2017
Does raising corporation tax make economic sense?
Labour plans to raise corporation tax to 26% - does this make economic sense? The arguments for and against are relatively predictable, but for top grades, find the subtle nuances in the arguments...
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17 May 2017
Barista-Visa Baby?
Pret, Byron, Five Guys, Eat... these brands are an increasingly ubiquitous presence on the high street - but there are concerns about staffing in a post Brexit environment. Will we end up with a...
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17 May 2017
Abbot's Maths Problems are the Tip of the Iceberg
Diane Abbot’s car crash of an interview on LBC radio hit the headlines. Asked politely but firmly for the numbers and costings of Labour’s plans on the police, her answers varied wildly from...
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17 May 2017
Key Macro Topics to Revise for June 2017
Here are some of the key macro topics that I would want my own students to revise for the summer 2017 exams. They are not exam board specific but intended to cover a range of important current...
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16 May 2017
Behavioural economics meets property rights - who owns the space between airline seats?
This article in The Economist is definitely one to save up for the next time you are teaching behavioural economics, but it offers a great deal more than that. The interaction of demand and supply,...
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16 May 2017
China's OBOR Summit
The One Belt One Road initiative has the potential to be one of the most important trade and investment projects in our lifetime. Here are some links to articles and videos from the OBOR Summit...
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16 May 2017
Economic Wellbeing Quiz
I was teaching a lesson on economic wellbeing today with my Year 12 here are links to a quick quiz on wellbeing measures and the accompanying powerpoint deck
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16 May 2017
Introducing Volume 2 of the Synoptic Revision Mats!
Just launched - and available for instant download - the second volume of our popular resource for A Level Economics - Synoptic Revision Mats.
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