Blog and updates
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29 Apr 2015
Day care for dogs and the output gap
I am keen on dogs. Recently, I have seen an advert for a special canine toothbrush designed to get rid of the pet's bad breath, surely a difficult challenge given what dogs get up to. Vans...
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26 Apr 2015
Concentration ratios – is the current wave of mergers good for the economy?
Most students and teachers keep coming back to this issue. Is it best to see industries dominated by a handful of large firms? These oligopolistic market structures exhibit high concentration...
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25 Apr 2015
Bribing the electorate: new rules of the game
The temptation to believe in the concept of a free lunch is one which has proved irresistible to numerous governments through the ages.
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22 Apr 2015
New arrest highlights financial market dangers
Here I am putting the final touches to the design and editing of our resources for the brand new 'New to A level Economics: Financial Markets' teacher CPD event and a very interesting story pops up...
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20 Apr 2015
China to unveil super-highway to Pakistan
The development of new trade routes between China and many other emerging countries is one of the defining characteristics of the world economy at present.
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19 Apr 2015
What would economists vote for in the 2015 General Election
What would some very sensible economists vote for? This timely question is asked by Tim Harford in his weekly column for the Financial Times. The consensus is that borrowing to invest, build houses...
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19 Apr 2015
Deflation and the Exchange Rate
One of my students asked a pertinent question as part of revision a couple of days ago. Will deflation cause an appreciation of the local currency because real interest rates will be high and "hot...
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19 Apr 2015
Marshall Society Economics Essay Competition 2015
The Marshall Society, the University of Cambridge's economics society has announced details of their 2015 essay competition which is open to all students studying for A Levels, the IB, or any...
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19 Apr 2015
Brazil - Will Stagflation Hold Back Development?
One of the BRICs countries, the outlook for growth and development in Brazil has worsened in recent times. According to some economists, the Brazilian economy is now in a state of stagflation, due...
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19 Apr 2015
Evaluate the likely effects of weaker growth in China on the UK economy
The Chinese economy is now entering a period of slower economic growth. Chinese authorities are targeting real GDP to grow by 7% per year, this is well down on the average of almost 10% pa achieved...
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18 Apr 2015
Challenging times for exchange rates
Three recent articles have been useful this week in considering fixed and floating exchange rates.
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17 Apr 2015
A2 Economics Diagram Conundrum - a short activity on diagrams
You may have seen the AS version of this activity blogged yesterday. If not, don't worry! The full version (with AS and A2 diagrams) is here.
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16 Apr 2015
AS Economics Diagram Conundrum - a short activity on AS diagrams
Here's a short but fun little revision test for your students as they revise for their upcoming AS Economics Exams.
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14 Apr 2015
Iron ore prices and the shutdown point
Geoff Riley's recent post on the impact of falling iron ore prices on the Australian economy detailed some of the macroeconomic effects (falling GDP and exchange rate, rising unemployment) and...
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14 Apr 2015
The Battle between Robots and Skill
in this revealing and interesting assessment of structural changes in the UK labour market, Paul Mason from Channel 4 news finds the looming issue of mass automation hangs over all the promises to...
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14 Apr 2015
Pepsi and NBA strike a deal
Non-price competition is a significant feature of oligopolistic markets and nowhere is that better exemplified than the battle for marketing rights in the USA's leading sports industries.
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14 Apr 2015
The 38 per cent tipping point on tax
Ed Miliband's proposal to tax non-doms more harshly may be good, populist politics. But does it make economic sense?
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13 Apr 2015
A tale of two Koreas
One of the most common conversations I have with non-economists was amusingly summed up by Conversable Economist Tim Taylor recently. He says "on a semi-regular basis, I find myself trying to...
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13 Apr 2015
Falling iron ore prices hit the Australian economy
The global price of iron ore has been in free fall recently and the Australian economy is suffering as a consequence.
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12 Apr 2015
No Jab No Pay Policy in Australia
The Australian government has hardened their policies towards parents who do not get their children vaccinated.
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