Blog and updates
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22 Jul 2016
PMI Data Points to Brexit Slowdown
The Purchasing Managers Index (PMI) is widely regarded as a lead indicator of turning points in the macroeconomic cycle - and the latest reading does not bode well for the UK economy in the...
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22 Jul 2016
Natural resource driven growth reaching limits in Chile
The natural resource-based economic model is starting to show its limits says a new review of the Chilean economy published by the OECD. And Chile must implement measures to stem environmental...
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21 Jul 2016
Living standards, Poverty and Inequality in the UK in 2016
Which households have gained and lost since the Great Recession? The Institute for Fiscal Studies have launched a new report on the impact of the years since the global financial crisis on living...
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19 Jul 2016
Top pay, social norms and values
A key platform of our new Prime Minister is to curb what she perceives to be boardroom excesses. “It is not anti-business to suggest that big business needs to change”, she said.
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19 Jul 2016
Free economics lesson resources
Here's a collation of all the free tutor2u economics lesson resources that have been designed throughout the year for the Beyond the Bike project, with the support of the RES - great for all your...
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17 Jul 2016
Paul Romer named as World Bank's new Chief Economist
This is a major appointment and one that has been greeted with notable enthusiasm by many top economists. The World Bank is reported to be naming Paul Romer as their new Chief Economist. Professor...
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17 Jul 2016
Ethiopia opens Africa's largest industrial park
Here is a great contextual example of how fast-growing countries such as Ethiopia are increasingly taking over the mantle of China in producing textiles and apparel.
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17 Jul 2016
Economics Teacher Jobs on Sunday
We've had more top teaching opportunities for economics teachers posted to the tutor2u jobs board this week.
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17 Jul 2016
Pollution, falling birth rates and increased mortality
When there’s more pollution more people end up in hospital, birth weights go down, and mortality rates rise - these are some of the negative externalities linked to high rates of air pollution in a...
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16 Jul 2016
Growth Challenges in Fragile States
Why do fragile states for economic growth and development? In this short interview, Professor Paul Collier argues that fragile states produce spillovers for everyone especially neighbouring...
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16 Jul 2016
Realising One Market for Africa
Can African achieve the creation of a continental free trade area by the end of 2017? Intra-regional trade within the African continent is less than 20% - much lower than other regions - and few...
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16 Jul 2016
Maximum sustainable debt
Here is a new concept to me but one relevant to year 2 macroeconomic debates about the scale of sovereign debt owed by developed and developing countries.
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16 Jul 2016
What's the problem with protectionism
In this hugely pertinent short essay, US economist Barry Eichengreen argues that protectionist policies such as import tariffs might not actually be bad macro policy at a time of a deflationary...
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16 Jul 2016
Characterising China in 3 Numbers
China is a country of fractured authoritarianism, in transition to a slower and (hopefully) more balanced growth and development phase especially between rural and urban areas.
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16 Jul 2016
Deep Underground as CrossRail nears completion
Europe's biggest construction project is nearing completion. The short video from Bloomberg takes us inside and deep underground - it is a stunning combination of smart design and engineering...
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15 Jul 2016
Ha Joon Chang on why Economics is for everyone!
Here is a superb new video from RSA animate featuring Cambridge economist Ha Joon Chang. This will be excellent to show to new economists when school and college gets back after the summer!
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14 Jul 2016
The Cameron Legacy - a quick quiz
So, David Cameron has gone and Theresa May is ushering in a very new and very different era of government. Cameron, in his final Prime Minister's Questions said that he thought that he had left the...
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13 Jul 2016
Intensify austerity to boost the economy
On the face of it, the Brexiteers have a bit of explaining to do. A week before the vote, Boris Johnson dismissed fears about the value of sterling, and accused the Governor of the Bank of England...
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13 Jul 2016
The psychology behind irrational decisions
In this short but engaging talk on aspects of behavioural economics, Sara Garofalo explains heuristics, problem-solving approaches based on previous experience and intuition rather than analysis.
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10 Jul 2016
Sterling's fall and the impact on UK households
Sterling has been depreciating heavily on the foreign exchange markets - it has fallen by around 11% against the Euro and by more agains the US dollar. There will be several impacts of a weaker...
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