Blog and updates
-
21 Sept 2022
Netherlands raises their minimum wage by 10%
To help combat the risk of more than a million Dutch families falling into poverty because of rising prices, the government in the Netherlands has announced a 10% rise in their minimum wage.
-
20 Sept 2022
UK Economy - Taxes and Investment and what future for Four-Day Working Weeks?
Here is a short round up of some important coverage of topical issues in the press over the last few days.
-
20 Sept 2022
Retrieval Activity - Macroeconomic Indicators
Here is a retrieval activity (Quizlet) that I use with my Year 12 economists as we consider measures of macroeconomic performance
-
20 Sept 2022
Supply Shocks - Cartels Terrorise Mexican Farmers
Supply-side shocks come in various forms: droughts, freezes and floods are the sorts of things that you'd associated with agricultural produce. But cartels? Either way, a fall in supply has...
-
19 Sept 2022
Retrieval Activity - Globalisation
This retrieval activity contains 18 key terms linked to the key topic of globalisation.
-
18 Sept 2022
Retrieval Activity - Specialisation and Trade
Here is a Quizlet retrieval activity covering specialisation and trade.
-
18 Sept 2022
The Slumping Pound - Why Does it Matter?
The external value of sterling against the US dollar has fallen to the lowest level since 1985. £1 now buys only $1.14 in the currency markets. The pound has fallen nearly 22 per cent during 2022.
-
18 Sept 2022
Retrieval Activity - Production Possibility Frontier
Here is a set of revision quizlet activities on the production possibility frontier.
-
18 Sept 2022
Contestable Markets - Where now for UK grocers as Aldi overtakes Morrisons?
This Zoe Wood piece in the Guardian looks at how the cost of living crisis has changed the nature of grocery retail in the UK, with the rise of Aldi signalling the end of the 'big Four', with Aldi...
-
17 Sept 2022
Development Economics - Digital Transformation in Guinea Bissau
This World Bank clip demonstrates how the digital economy can contribute to enhanced developmental prospects, in this case in Guinea-Bissau. Not only can in transform opportunities in education and...
-
16 Sept 2022
Debt Relief - Lenders urged to cancel Zambia debt
Much like Sri Lanka has had a well-publicised economic crisis, Zambia too seems to be on the brink of economic collapse and there are calls for international lenders to write-off some of their loans.
-
15 Sept 2022
Social Costs and the Circular Economy - Roof Waste in the USA
This Business Insider clip that promotes the circular economy and the potential to reuse waste. In this case, it's roof waste - notably shingles - that are being repurposed to become road surfaces...
-
14 Sept 2022
UK inflation and interest rates - a quick update
The latest inflation figures suggest a slight dip in inflation - to 9.9% - but rising costs are eating into household budgets.
-
14 Sept 2022
FDI into India - Foxconn and Vedanta to build $19bn India chip factory
Here is a good example for your globalisation / development notes. Taiwanese giant Foxconn and Indian mining company, Vedanta, has agreed a joint venture to build a semi-conductor plant in India,...
-
14 Sept 2022
UK house prices climbing towards an average of £300,000
Average house prices increased 15.5% over the year to July 2022. This is the highest annual inflation rate the UK has seen since May 2003. The average house price in the UK is £292,000.
-
14 Sept 2022
Retail Competition - Aldi becomes 4th largest UK supermarket
July 2022 marked an important moment for the UK retail grocery industry. The German discount chain Aldi has overtaken Morrisons to become the 4th largest supermarket by market share.
-
13 Sept 2022
UK Economy - Unemployment rate falls to lowest level since 1974
The UK unemployment rate has fallen to 3.6% of the labour force. This is the lowest recorded unemployment since 1974.
-
12 Sept 2022
Is this a time for central banks to be more cautious in raising interest rates?
Joseph Stiglitz has joined calls from some, notably David Blanchflower, for caution as regards central bank interest rate increases in the United States. Terrific stuff for Theme 2 and Theme 4 macro!
-
12 Sept 2022
Price Mechanism in Action - London Hotel Prices Soar!
The Guardian reports that hotel prices are rising very quickly in the run up to the Queen’s state funeral. This is an excellent example of the price mechanism in action.
Get email updates
Subscribe to our email updates and we’ll let you know whenever new content we think you’ll find useful is added.