Blog and updates
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15 Sept 2015
Robot Revolution - The Jobs Most at Risk
Just as the financial crisis prompted a tsunami of books dissecting the causes of the Great Recession and the challenge to Economics as a discipline, in recent months we have also seen a flurry of...
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15 Sept 2015
Corbyn's Economic Plan
This Paul Mason piece from Channel 4 News looks at the remarkable change in Labour's economic policy since the election of Jeremy Corbyn - it gives an overview of the policy objectives and how they...
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15 Sept 2015
Lesson Starter - Name the Brand
There are twelve logos of well-known business brands shown on the sheet below. Only a part of each logo is shown - can your students name all of them correctly?
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15 Sept 2015
Brazil falls deeper into recession
Wow upon woe for the troubled Brazilian economy. There is an oft-repeated quote that "Brazil is the country of the future and always will be" and it seems that the huge losses sustained by the...
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14 Sept 2015
Swipe-it! Positive and Normative Statements
A couple of weeks into the first year of a new Economics course should just be about the right time for teachers to explore the concept of positive and normative economic statements. Here's a...
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14 Sept 2015
The Star Wars Multiplier Effect
Here is an example of a positive multiplier effect - this time from the filming of the new Star Wars movie. The multiplier is - to my mind - the single most important macroeconomic concept that you...
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14 Sept 2015
Zambia's River of Acid
A must post article to the Development Economics board because here we have a graphic illustration of the negative externalities created from intensive copper mining in Zambia. This country has one...
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13 Sept 2015
Taxis vrs Uber: Substitutes or complements?
I’ve taken the title of this blog from an Economist article. Uber arrived in New York City in 2011. Are they a substitute for the city’s famous yellow cabs, or do the two complement one another?
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13 Sept 2015
Meet the UK Interest Rate Setters!
I especially wanted to read this article because Martin Weale - who has been on the Monetary Policy Committee for nearly six years - was my Tutor at Cambridge and encouraged me to move into...
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13 Sept 2015
Can China be Rich and Green?
This is a light-hearted view of China's capacity to continue to grow given its environmental problems. But we should be careful when we apportion blame: we've gone through the same process during...
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13 Sept 2015
Nuclear energy can complement renewables
Lord Hutton writes here a persuasive articleLord Hutton writes here a persuasive article on the need for a nuclear core capacity at the heart of Britain's energy network as a way of providing...
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13 Sept 2015
How will a Population Boom Change Africa?
According to some forecasts, by the end of the century, 40% of people on our planet will be African. This article from the BBC news site is well worth reading for the four different perspectives on...
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11 Sept 2015
An update on Abenomics (September 2015)
Shinzo Abe came to power committed to rejuvenating economic growth in the Japanese economy. Two FT journalists from the Tokyo Bureau discuss whether Abe has made enough progress in stimulating the...
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11 Sept 2015
Is Carbon Capture a White Elephant?
This FT video highlights the need for scepticism regarding carbon capture and storage technology. It is typically FT: excellent, data rich and looks at the economics of this innovative, currently...
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11 Sept 2015
Your Full English Breakfast is Getting Cheaper!
Grain stocks are at a twenty-nine year high, world coffee prices have dropped by nearly 30% and global prices for pork, sugar and milk are also well down from where there were six years ago. Little...
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10 Sept 2015
IKEA's Staggering Revenue Growth Continues
IKEA is one of those go-businesses when you want to applied your understanding and analysis of economies of scale, fast organic growth (yes ... it can happen) and to find a poster-child of...
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10 Sept 2015
When US Interest Rates Rise - A Short Primer
The United States Federal Reserve is the Central Bank for the USA and seems poised to start raising monetary policy interest rates gradually later on this autumn or early in 2016. This would be the...
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10 Sept 2015
Apple & Microsoft: Collaboration not Competition
An excellent piece here from BBC Technology Correspondent Rory Cellan-Jones on the changing relationship between Apple and Microsoft.
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10 Sept 2015
Economic Principles of the Refugee Crisis
Emotions are running high over the refugee crisis, with heart-breaking images arousing waves of compassion across Europe. As ever, however, economics lurks in the background. The tragic stories of...
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10 Sept 2015
Africa in Numbers
For students taking the EdExcel Unit 4 Global Economy course this data rich article from the Guardian comes highly recommended. They take seven indicators to help emphasise the structural...
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