Blog and updates
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19 Oct 2016
Competition rather than central bankers have kept inflation low
Tempers are fraying at the highest levels of economic policy making in the UK. Theresa May, at the Conservative Party conference, emphasised the “bad side effects” for savers of the Bank...
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18 Oct 2016
Netflix subscriber numbers soar - is 'video streaming' still a highly contestable market?
Here at tutor2u we've often quoted the video streaming market as one that could be classed as a good example of a highly contestable market. This is on the grounds that the market contains some of...
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17 Oct 2016
Will the pound's fall help the UK economy rise?
Larry Elliott's piece here in the Guardian looks at the implications of Brexit, both for the pound in the short-term and the whole economy in the longer term. He reiterates the view that the...
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17 Oct 2016
200 Years On - How Relevant is Ricardo?
It has been an article of faith amongst economists and policy makers that free trade is a Good Thing. Trade liberalisation was a key feature of the world economic order enforced by the United...
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17 Oct 2016
Tragedy of the commons for Mauritanian fishermen
Here is an excellent illustration of the 'Tragedy of the Commons' - where a common resource is over-exploited and eventually used up, this BBC clip looks at fishing off the coast of Mauritania,...
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16 Oct 2016
South Korea's corporate fiefdoms
The South Korean economy remains dominated by family/clan run conglomerates. Is this a barrier to the economy continuing to operate on the technological frontier and cementing itself as an...
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14 Oct 2016
Gender pay gap widest when people are in their fifties
The TUC have analysed the gender pay gap and discovered that it exists at all ages, but is most marked when women are in their 50s, largely as a result of caring for elderly relatives or children.
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14 Oct 2016
Power Blackouts and Elasticity of Supply
The National Grid have assured everyone that there's enough spare capacity to ensure that the lights won't go out this winter.
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14 Oct 2016
Economics News quiz - w/e 14 October
Here's a 6 question quiz on economics news stories from the week as a starter your upcoming lessons.
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13 Oct 2016
Monopoly versus Monopsony as Unilever takes on Tesco
This is a battle between Britain's biggest food retailer and one of the world's largest consumer products manufacturing businesses that has economics teachers salivating!
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13 Oct 2016
Join Us Later this Term for A Level Economics Strong Foundations
We are experiencing high demand for places on the upcoming student exam performance workshops designed for all Yr13 A Level Economics students - Strong Foundations.
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12 Oct 2016
Benefits and costs of a depreciation of a currency
The effective exchange rate index for sterling has taken quite a pounding in the days since the Brexit vote. The pound has fallen sharply against the US dollar, the Euro and many other currencies;...
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12 Oct 2016
Trumponomics
God forbid the polls (including FiveThirtyEight) are way out, but just in case, here is a new primer from the Financial Times on the economic "policies" being put forward by the Donald. What does...
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12 Oct 2016
Ha-Joon Chang on Free Markets
Ha Joon Change has argued that it is a myth there is such a thing as a free market. In this short video he explains why.
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11 Oct 2016
Join Our Economics Teacher Virtual Staff Rooms!
Need a little support for your GCSE or A Level Economics teaching? Join our Virtual Staff Rooms!
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10 Oct 2016
A Level Economics Course Companions
We are delighted to announce the completion of our suite of digital Course Companions to support teachers and students preparing for the first linear A Level Economics exams in June 2017.
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9 Oct 2016
Lesson starter - $40 to hold your newborn!
Here is a picture that can be used as a possible lesson starter that is sure to get some discussion going. Many students will know that the US Healthcare system is privately provided and therefore...
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8 Oct 2016
World Trade Report 2016
The WTO 2016 Report came out this week – there is a short video here. It focuses on measures to make the global trading system more inclusive. Often the fixed costs involved with trade can be...
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7 Oct 2016
Economics Quiz of the week
Here's a quick 6-question multi-choice quiz on news items relating to economics for the week ending 7 October 2016. Have a go in the first 5 minutes of your Monday/Tuesday class.
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7 Oct 2016
Introduction to Teaching Income Inequality and Wage Discrimination (Webinar Resources)
Here are the resources from our recent CPD webinar on Teaching Income Inequality and Wage Discrimination together with a recording of the webinar.
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