Blog and updates
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18 Apr 2023
Unemployment nudges up to 3.8% and real wages fall 3% in a year
UK unemployment edged higher in the three months to the end of February according to new data as the British economy continues to be impacted by high inflation. The UK unemployment rate is now 3.8%...
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17 Apr 2023
Financial Economics - Apple and Goldman Sachs launch a savings account
Is Apple becoming a bank? Or can Apple draw many of the benefits of being a financial services provider without becoming a commercial bank outright? This is a super interesting development in the...
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17 Apr 2023
60 Second Economics - New Short Form Videos on Taxes
We have added some new short form definition videos - this time focusing on progressive, regressive, flat rate taxes and fiscal drag.
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17 Apr 2023
Forward Vertical Integration - SEGA Is Buying Angry Birds Maker, Rovio
Vertical forwards integration with gaming giant Sega buying game maker Rovio, responsible for the Angry Birds video game. It seems to be part of a current trend of platform owners looking to gain...
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16 Apr 2023
The world desperately needs a fairer economy
Two of the biggest contemporary names in development - the Director-General of the WTO, Ngozi Okonjo-Iweala, and the PM of Barbados, Mia Mottley, have contributed a piece to the Guardian that...
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16 Apr 2023
Economics of the Phillips Curve
Will unemployment and inflation and the economics of possible trade-offs between them feature heavily in the 2023 Economics exams?
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16 Apr 2023
How loyalty cards influence what we buy
An insight here into an important form of marketing, in this history of supermarket discounts, and customer loyalty, starting with Green Shield stamps and ending with the current strategy of...
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15 Apr 2023
Easter A Level Economics Live Revision - All Done!
What an amazing series of nine live revision sessions for all Year 13 A level Economists! We’ve rarely come across such a group of committed, supportive students as the Class of 2023: helping each...
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14 Apr 2023
Economics Weekly Quiz | 14 April 2023
Welcome back after the Easter break! Here's our weekly economics news quiz.
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14 Apr 2023
Debt Crisis Looming for Developing Countries
Larry Elliott writes that the West is starting to wake up to the prospects of a debt crisis in developing economies, having recently shown their ability to react to the collapse of Silicon Valley...
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14 Apr 2023
Elasticity of Supply - Modular Housing in the UK
3,300 modular homes were built in the UK in 2022, one in 60 of every new home constructed. But the industry is struggling to scale up production and achieve commercial viability.
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14 Apr 2023
Update on the UK Economy
The last of our nine live Easter online revision sessions is today at 12 noon. We will be covering the UK economy with loads of application and evaluation to support students as the May and June...
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13 Apr 2023
Soaring energy costs force UK tomato growers to quit
Rising costs are driving some tomato farmers out of business - and for those of you revising for an examination, you might think about how this moves individual farmers from a position where they...
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13 Apr 2023
Tesco Cuts Milk Prices - Will other retailers follow?
A glimmer of hope here that cost of living pressures might be starting to ease. Tesco has announced cuts in the retail price of milk in response to a fall in prices in the wholesale market. This is...
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13 Apr 2023
Updated Resources on Market Structures
Ahead of a big live revision session today on Market Structures, we have updated our study collection on this key area of the micro specification for A-level and IB. You'll find study notes,...
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12 Apr 2023
Transport investment could give the UK economy a £50billion lift
The TUC - and in this case it is representing 48 trade unions - claim that investment in public transport can simultaneously provide a £50 billion boost to economic growth, as well as make a...
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11 Apr 2023
Proposals to reform UK Council Tax
I've been reading Paul Johnson's excellent "Follow the Money" recently, and this Larry Elliott piece chimes with much contained in the book. In both cases, Johnson and pressure group, Fair Share,...
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11 Apr 2023
IMF downgrades UK Growth Forecast
The UK is forecast to be the worst performing economy, both in the G7 and the larger G20 group of nations in 2023, with the IMF predicting that the economy is going to shrink by 0.3%, before...
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10 Apr 2023
Updated Resources on Economic Development
To coincide with our live revision session on Economic Development which is on Tuesday 11th April at 12 noon, we have updated our collection of resources covering economic development. We hope you...
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10 Apr 2023
Week Two of Live Economics Revision!
Join me for Week Two of tutor2u's Easter Holiday live revision for A-Level Economics exams in 2023. Over 6,000 students joined us for Week 1. Week Two could be even busier as 18 May gets closer!...
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