Blog and updates
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15 Mar 2024
Economies of Scale at Papa Johns
A lovely short video that deals with production methods, economies of scale and innovation, and so is equally applicable to here. It shows how mechanisation allows Papa Johns to produce its dough...
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15 Mar 2024
Economics Weekly Quiz | 15 March 2024
Here's our weekly economics news quiz covering stories from the UK and global economic events of the passed 7 days.
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14 Mar 2024
Deflation hits the Chinese Economy
The news that Chinese consumer prices have fallen by 0.8%, the fastest rate in 15 years is worrying news, and implies that the economy has entered a deflationary period, with large falls in food...
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14 Mar 2024
West Yorkshire nationalises bus services
The renationalisation of bus services continues, with buses in West Yorkshire being brought under public control by the region's mayor. It seems as though, the experiment with privatisation is...
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14 Mar 2024
Morrisons makes £1 billion loss!
Morrisons plunged to a £1billion loss last year after a surge in debt interest payments linked to its private equity takeover. The business has been hit by a revenue squeeze and spiralling interest...
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14 Mar 2024
Edexcel Economics Paper 3 (2024) | 25-Marker Tips
In this revision video Geoff walks through a suggested answer for a 25-mark question on EdExcel Paper 3. The topic chosen is the UK housing supply shortage which is an ideal synoptic issue since it...
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14 Mar 2024
2024 Human Development Report Published
This video looks at the latest rankings published in the 2024 Human Development Report. You can also download the accompanying powerpoint.
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14 Mar 2024
In the News Teaching Activity – Nationwide is planning to takeover Virgin Money (Mar 2024)
The Nationwide building society is looking set to take over Virgin Money, ensuring that the Nationwide remains the second largest mortgage lender in the UK. Nationwide could become an even stronger...
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13 Mar 2024
Manufacturing Coming Home - The Economics of Re-Shoring
This is a really good article from the BBC about reshoring and the factors that are currently driving it: higher wages in previously low-wage economies, a desire to get things quicker, the risks...
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13 Mar 2024
Economics Update Magazine: Spring/Summer 2024 Issue 5
Issue 5 of A-Level Economics Update Magazine provides essential updates on exam technique, economic data and enrichment articles for all A-Level Economics students.
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12 Mar 2024
Stamp Prices Soaring - What future for letter deliveries?
A year ago, a first-class stamp cost 95p - from April 2024, it will be a staggering £1.35. Little wonder that letter volumes are falling fast - but this in turn increases the unit costs of...
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12 Mar 2024
Edexcel Economics Paper 1 - Preparing for the 2024 Paper
In this revision video Geoff provides some advice on structuring answers and getting top marks - we also look at some topical issues ahead of the May 2024 Paper 1. If you have any questions, please...
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12 Mar 2024
Sky High Vet Bills - CMA Launches Formal Probe
Big competition policy news! The CMA is launching a formal investigation after an initial review of the UK vets market raised multiple concerns. There are sixteen million pet owners in the UK and...
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11 Mar 2024
Changing Consumer Price Index - What is in and what is out for 2024?
The annual revision of the consumer bundle used to calculate inflation has come around and this BBC article provides a handy primer as to what's in and what's out. Air fryers and vinyl records in;...
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11 Mar 2024
In the News Teaching Activity – how effectively does the 2024 Budget meet the needs of the UK economy? (Mar 2024)
There is lots of media analysis of last week’s 2024 Budget, with many commentators focusing on its likely political impact. However, economists need to consider whether the fiscal changes will...
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8 Mar 2024
Externalities and Development: 10 million people in Thailand suffer pollution-related illnesses
This BBC clip looks at the impact of air pollution on the Thai economy, noting that 10 million Thais have sought treatment for pollution-related diseases. The problem is that Thai air quality is...
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8 Mar 2024
Development In Focus: Senegal’s Women Rice Farmers
Lots of interesting little contributory factors to economic development in this IFC clip: female participation - and their importance to the labour force, food security and the returns to...
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8 Mar 2024
Tutor2u Economics Update Magazine - Autumn 2023 Competition Round Up
The tutor2u Economics team was blown by the quantity and quality of the entries received to our Autumn 2023 magazine competition. The judges enjoyed the broad range of topics covered by students...
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8 Mar 2024
Tutor2u Year 13 Student Competition Winner!
After reading many fabulous entries to the competition in the Autumn 2023 Economics Update Magazine, we are delighted to announce that Natalie Cooper from George Watson's College is the overall...
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8 Mar 2024
Economics Weekly Quiz | 08 March 2024
Here's our weekly economics news quiz covering stories from the UK and global economic events of the passed 7 days. This week is a 'Budget Special'!
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