Blog and updates
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2 Sept 2016
Tourism may bleed the people of the Atacama desert dry
This Guardian piece on the natives of the Atacama desert in Chile is a superb case study article to read when assessing some of the private and external costs and benefits of expanding tourism in a...
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2 Sept 2016
Stiglitz on Seven Reforms to Save the Euro
In his new book on the structural problems undermining the European single currency project, US economist and Nobel prize winner Joseph Stiglitz argues that a number of reforms are needed in order...
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2 Sept 2016
China now has the biggest corporate debt in the world
One of the big risks facing the Chinese economy is the staggering level of corporate debt as the economy slows down. According to this report from the Financial Times, "China’s total outstanding...
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2 Sept 2016
The Great Recession and the Failure of Financial Intermediation
Our friends at Marginal Revolution have a new 12 minute video focusing on the failure of financial intermediation as a key root cause of the collapse of the UK housing market and the subsequent...
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2 Sept 2016
Wimpy snaps up Gourmet Burger Kitchen
Another merger story - although it seems to be a case of conglomerate merger. South African firm Famous Brands already owns Wimpy and has decided to buy Gourmet Burger Kitchen (GBK) strengthening...
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2 Sept 2016
Lone parents benefitting from rising employment
The ONS has drilled down into the latest unemployment data and highlighted the fact lone parents have benefited from rising employment and the number of households where no-one works has also...
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2 Sept 2016
Can Africa sustain progress in cutting extreme poverty?
The global macroeconomic headwinds have moved against many sub Saharan African commodity exporters in the last few years as the terms of trade have deteriorated following a fall in world prices....
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2 Sept 2016
Water scarcity with rapid urbanisation
One of the major challenges for countries (and regions) undergoing rapid urbanisation is to ensure a reliable, affordable and safe supply of drinking water for households and businesses. This is...
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1 Sept 2016
What do registered complaints tell us about competition in the Energy market?
Campaign organisation Citizens Advice have released their latest figures showing the number of complaints received (per 100,000 customers) in the energy market. The 'league table' can be seen...
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1 Sept 2016
The magic washing machine strikes again!
Hans Rosling's TED talk on the role of the washing machine in promoting economic development is a classic but an experiment in a number of American high schools has shown that the humble washing...
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1 Sept 2016
The collapse in living standards in Greece
This article gives a fascinating insight into the current state of the Greek economy, something that has rather disappeared from view this year.
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31 Aug 2016
Wheying up the cost of an import tariff
The Trade Analysis twitter feed is an excellent source of contextual background on trade and investment news in the world economy and I recommend it to students and teachers. They recently posted a...
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31 Aug 2016
Brexit - Should the UK Government abandon austerity?
Following the Brexit vote, normal service seems to have been resumed. A key question in economic policy since the General Election of 2010 has moved centre stage again. Should the government...
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31 Aug 2016
Should the UK railways be re-nationalised?
This short video from Chris Cook of BBC Newsnight looks at some of the arguments for and against taking train operating services back into state ownership.
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31 Aug 2016
EU levels of youth unemployment in some UK areas
An Ernst & Young report details the highly regional nature of unemployment: a quarter of young people in Bradford, Middlesbrough, Swansea and Wolverhampton are unemployed, an almost-European...
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30 Aug 2016
The Paradox of Value
TED-Ed looks at a key economic principle: the paradox of value. It's typically clear - and highlights the difference between marginal utility and the law of diminishing marginal utility. It was...
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30 Aug 2016
TTI-P in Deep Trouble?
It seems that the Transatlantic Trade and Investment Partnership (TTIP) is struggling to be concluded with Francois Hollande and others, notably the German economy minister, Sigmar Gabriel,...
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30 Aug 2016
Apple faces an £11n corporation tax bill from the EU
The European Commission have gone for a big fish in their first attempt to tackle corporate tax evasion. So, Apple, and the Irish government, are in the firing line for their tax arrangements with...
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30 Aug 2016
TTIP talks close to collapse?
Students who are about to start their second year of Economics A Levels should gear themselves up for looking at a much more global viewpoint on macro economics and trade. Brexit may have thrown a...
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30 Aug 2016
IB Economics - Teacher Topic PowerPoints for the Entire IB Specification
We are pleased to announce a comprehensive collection of Teacher Topic PowerPoints to support colleagues delivering IB Economics.
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