Blog and updates
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11 Mar 2023
Financial Economics - The Failure of Silicon Valley Bank
US financial regulators have shut down Silicon Valley Bank (SVB) and taken control of its customer deposits in the largest failure of a US bank since 2008. It is a good one to add to your notes on...
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11 Mar 2023
Monopsony Power - Tesco to charge suppliers for fulfilling online orders
Evidence of rising costs? Or exploitation of a monopsony position? A great example to ignite classroom discussion!
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10 Mar 2023
Innovation and Climate - Cooling our Cities without Air-Conditioning
Air conditioning is increasingly highly demanded but also makes a significant contribution to global warming; so how can we balanced the two. Well, we might not be able to have conventional...
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10 Mar 2023
The Changing Face of Globalisation - From Near-shoring to Friend-shoring
Mohamed El-Erian writes a Project Syndicate column looking at the changing nature of trade in the post-Covid world. He argues that we're moving away from hyperglobalisation, not so much towards...
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10 Mar 2023
What are the barriers to economic growth in the UK?
Here is another good video assessment of some of the barriers to economic growth in the UK. Sky's Paul Kelso travels to Cambridge and Rochdale and speaks to businesses, workers and politicians...
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9 Mar 2023
UK Economy: are we still facing a recession?
Here is a neat primer on the UK economy from Channel 4 news - a 23 minute interview and discussion which could easily to be watched in a revision lesson and used as a prompt for class analysis and...
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9 Mar 2023
Why are insulin prices so high in the United States?
The high price of insulin has resulted in many individuals with diabetes struggling to afford the medication they need to manage their condition, leading to serious health consequences. Efforts to...
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9 Mar 2023
Soaring Child Care Costs and a Widening Gender Pay Gap - Sobering Labour Market Economics
Here is another stark reflection on the impact of high cost childcare on both female participation in the labour force and household finances. The fact that childcare costs have risen by 44% since...
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9 Mar 2023
New Resources on Development Economics
Five new videos have been added to our Development Economics playlist. This includes revision blast videos on debt relief and the economics of buffer stock schemes.
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9 Mar 2023
True Scale of Plastic Pollution in the Oceans is Revealed
A new study finds that estimates of the scale of plastic pollution in the world's oceans has been vastly underestimated. The trillions of plastic particles weigh roughly 2.4 million metric tonnes...
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8 Mar 2023
Cost Benefit Analysis - Is it worth having kids?
It's often said that economists know the price of everything and the value of nothing. So watching this clip might confirm you in that view. However, if you're able to get over that concern, you'll...
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8 Mar 2023
Money Minders: Central Banks and their roles in an economy
Here is a video of a talk given by Professor Jagjit Chadha to the Marshall Economics Society at Cambridge in March 2023. It covers the roles central banks play in the world today and how they...
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8 Mar 2023
Offshoring and Branding - Toblerone removes mountain peak from packaging
An interesting story about offshoring and the implications of this for the Toblerone brand, as they are no longer able to use the Matterhorn image on its packaging. Mondelez are going to start...
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8 Mar 2023
Price Elasticity of Demand - Tesla cuts prices again to lift sales
A nice bit of applied microeconomics for you; why have Tesla dropped the price of their cars again? Is it to offset the effects of the cost of living crisis, and attract buyers at a time when...
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8 Mar 2023
Economic Development - Are Cash Transfers Crucial in Cutting Poverty?
Cash transfers have become one of the main social protection tools in the developing world. This short topic video looks at the debate over the effectiveness of cash transfer programmes in low and...
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7 Mar 2023
Market Failure and Government Intervention - The row over London’s ultra-low emission zone
London's Ultra Low Emissions Zone (ULEZ) is in the spotlight again, with the undoubted benefits of cleaner air, and a reduction in the negative externalities associated with air pollution being set...
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6 Mar 2023
Rising Costs May Delay HS2 Again
The beleaguered HS2 railway is again in the spotlight with the current inflationary environment having pushed up costs and the CEO of the project admitting that aspects of it might be delayed as a...
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6 Mar 2023
Fiscal Policy and Aggregate Supply - America’s $2 Trillion Green Boost
This Economist clip looks at the recent American fiscal stimulus programme, via a package designed to boost private sector investment, especially in green infrastructure and chipmaking. and to...
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5 Mar 2023
European Central Bank investigates "greedflation"
The ECB has announced that it will be look out for instances of price gouging and the possibility of EU firms using the current inflationary environment to increase their profit margins, exploiting...
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