Blog and updates
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3 May 2023
Revision Session on Government Intervention
Almost 700 Year 13 Economists joined me for this highly interactive revision session on government intervention in markets on Monday. Once again, there were lots of stunning responses in the live...
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3 May 2023
De-Merit Goods - Australia to ban recreational vaping
Australia is looking to ban recreational vaping, believing vaping amongst the young to be a gateway drug, rather than a way of weaning people off cigarettes. As a result, vaping is going to be ban...
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2 May 2023
Economics Topics in 60 Seconds!
We're busy recording a series of 60-second YouTube shorts covering a range of key economics topics and concepts. We thought long and hard about what to call them - and came up with 60 Second...
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1 May 2023
Inflation has made us poorer but whose fault is it?
Larry Elliott writes in the Guardian about the current bout of inflation and, rightly in my view, turns the tables on the Bank of England. Instead of asking for workers to show restraint in their...
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1 May 2023
How can heavy industry decarbonise?
This clip looks at the attempts of heavy industry to decarbonise, not least the chemical sector. It highlights some familiar themes, not least the need for better information in the market, the...
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1 May 2023
New live A-Level Economics revision sessions
I am running some new live A-Level Economics revision sessions this week as preparations build for Paper 1 and Paper 2 this month. Join us live on YouTube here:
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28 Apr 2023
Sri Lanka - Update on their economic crisis
The Sri Lankan central bank has set out how the debt crisis has adversely affected the economy and the trajectory of the recovery, forecasting a 2% decrease in growth this year before 3.35 growth...
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28 Apr 2023
Growth and the Environment - The True Cost Of Mexico's Maya Train
This Insider Business clip looks at the trade-off between economic growth and Mexico's infrastructure and culture.
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27 Apr 2023
UK Economy - Causes and Consequences of Low Investment
The UK has one of the lowest capital investment to GDP ratios among leading high-income countries. Capital investment as a share of GDP was just 17% in 2022. In February 2022, the then Chancellor...
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27 Apr 2023
What is Transfer Pricing and why is it a hot economic issue?
We have added to our YouTube channel a short explainer video that looks at transfer pricing. Transfer pricing is controversial because it can be used by transnational corporations to manipulate...
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27 Apr 2023
How chronic ill-health damages the UK's supply-side
This Larry Elliott piece looks at the implications of Britons poor health for the nation's supply-side, and by definition the economy's wider macroeconomic objectives, something recognised by a...
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27 Apr 2023
Economic Development - Benefits and Costs of Peru's Blueberry Boom
To what extent is Peru's shift to blueberry production a good thing from a development perspective. Peru is now the world's largest blueberry exporter as they start to take advantage of an emerging...
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27 Apr 2023
US Inflation Reduction Act - US in hurry to drive growth in green industries
The USA has pivoted towards the green economy, with a particular focus on old manufacturing areas, with a significant expansion of public spending and public support for the green economy and US...
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27 Apr 2023
Competition Policy - CMA blocks Microsoft's takeover of Activision Blizzard
The Competition and Markets Authority (CMA) has blocked what would have been a mega-merger between Microsoft and Call of Duty maker, Activision, citing concerns about the implications of the merger...
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26 Apr 2023
UK Economy - Will the rise in corporation tax hurt the UK economy?
The UK government has increased corporation tax from 19% to 25% from April 2023. This is the first increase in corporation tax in over a decade. The government has said that the increase is...
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25 Apr 2023
UK Economy - New Revision Videos on Growth and Monetary Policy
We've added a couple of topical new videos to our collection on the UK economy available on our YouTube channel. One asks why economic growth in the UK is so slow. The other questions whether...
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25 Apr 2023
Kahoot and Quizlet Resources on Fiscal Policy
I'm reaching the end of teaching fiscal policy to my Year 12 Economists, so I have created a new Kahoot quiz covering many different aspects of fiscal policy along with a Quizlet on a range of key...
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24 Apr 2023
Monopolistic Competition - Prezzo to close one third of their stores
Restaurant chain Prezzo is closing 46 stores as it grapples with cost increases brought about by the current economic environment. It seems that the cost of living is starting to bite in the...
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24 Apr 2023
Industry Profile - The Student Rented Accommodation Market
In the latest of our industry profiles, we look at the rapid growth of the private purpose built student accommodation market. With operating costs rising, what will happen to businesses building...
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