Blog and updates
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10 Dec 2023
Inequality in the UK - most disadvantaged in Britain are no better off than 15 years ago
This BBC report highlights a Centre for Social Justice Report that finds that there's a danger of inequality becoming entrenched in the United Kingdom. The most deprived areas struggle to find...
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7 Dec 2023
In the News Teaching Activity –Financial market failure that led to the Global Financial Crisis 2007-9 (Dec 2023)
Alistair Darling proved to be a calm Chancellor of the Exchequer during the storm of the Global Financial Crisis in 2007-9, an important event in economic history.
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7 Dec 2023
Olive Oil Prices Climb due to Summer Shortages
This BBC News clip looks at how a drought in Spain has affected olive harvests, and, by definition, the price of olive oil. It's classic demand and supply material, and there's lots of opportunity...
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5 Dec 2023
Economics and Business News Quiz for 2023
How good is your knowledge of some of the big Economics and Business New Stories during the year? Have a go at our Festive Kahoot Quiz! There are twenty questions to have a go at!
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4 Dec 2023
Edexcel A-Level Economics - Theme 2 Knowledge Organiser
Our free Theme 1 Knowledge Organisers have gone down a storm with over 500 downloads so far (link in the comments)...here's the first of two packs for Theme 2!
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4 Dec 2023
In the News Teaching Activity – Lack of competition in the baby milk formula market is adding to the cost-of-living crisis (Dec 2023)
The CEO of Iceland has highlighted the lack of competition in the baby formula market, arguing producers are exploiting those struggling in the cost-of-living crisis.
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1 Dec 2023
New push for debt relief to help developing world fund climate action
This Guardian article highlights a notable example of opportunity cost, with the news that developing economies spend twelve times as much servicing their debts as they do tackling climate change.
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1 Dec 2023
The UK Economy (Autumn / Winter 2023) Update Quiz
We have created a Kahoot quiz covering the content in our recent UK Economy Update video. This is great way for students to check and test their knowledge and understanding.
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1 Dec 2023
Artificial Intelligence and Dynamic Pricing
This article looks at how technology could allow for dynamic pricing, enabling supermarkets to reduce waste and charge the optimal price for their goods. As the piece notes: "dynamic pricing could...
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30 Nov 2023
In the News Teaching Activity – Autumn Statement tax cuts announced though households may not feel the benefits (Nov 2023)
Headline-grabbing reduction in employee national insurance contributions in the Autumn Statement, but a poor outlook for households’ real disposable income
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29 Nov 2023
CMA launches probe into prices of baby formula
The Competition and Markets Authority has been investigating supermarket pricing during the cost of living crisis, specifically with reference to ten categories of good and discovered that three...
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29 Nov 2023
Tragedy of the Commons - Over-harvesting hit Texas oysters
A good example here of the negative externalities of climate change and the problems associated with common access resources, with overfishing harming Texas oyster farmers. As a result, of the...
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28 Nov 2023
Charlie's Bar and the Power of Viral Marketing
Major retailers like Marks and Spencer and John Lewis spend millions on lavish Christmas advertising. But this year, they have been significantly outperformed by an emotionally impactful...
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28 Nov 2023
Government Intervention - Australia Bans Imported Disposable Vapes
Australia is banning the import of disposable vapes among a range of measures to tackle a perceived rise in vaping among young people. The other measures include stopping single-use vapes from...
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28 Nov 2023
UK interest rates likely to remain high for some time
More smoke signals from the Bank of England regarding the future direction of monetary policy, with the Governor, Andrew Bailey, signalling that there's little immediate prospect of a reduction in...
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28 Nov 2023
New Zealand scraps generational smoking ban
New Zealand's much trumpeted policy to introduce a generational smoking ban has been overturned by its new government, not on health grounds but to help pay for tax cuts.
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27 Nov 2023
Gender Inequality - Female Executives Under-represented in FTSE350 Firms
There's been little progress in tackling gender inequality in the boardroom according to the latest report, a Pipeline gender parity study. There's some progress in that women now hold over 30% of...
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27 Nov 2023
Key Update on the UK Economy - December 2023
Join Geoff for a 20 minute overview of the latest changes in the UK economy. Superb application for students ahead of macro mocks! You can also download the chart deck used in the presentation by...
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