Posts from the ‘Economics’ Category

Unit 1: Externalities associated with air pollution

October 22nd, 2013 at 7:30 pm by Blogger Bryn

Thanks to tutor2u for this

http://www.tutor2u.net/blog/index.php/economics/comments/unit-1-micro-air-pollution-leading-cause-of-cancer?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+economics_news+%28tutor2u+Economics+Blog%29#When:20:57:35Z

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Unit 1: Ireland’s austerity leads to the young emigrating

October 20th, 2013 at 3:50 pm by Blogger Bryn

….according to the BBC

http://www.bbc.co.uk/news/business-24533411#

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Unit 2: Re-balancing the Chinese economy

October 20th, 2013 at 2:57 pm by Blogger Bryn

Interesting clip from the BBC

http://www.bbc.co.uk/news/business-24270734#

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Unit 1: Productive efficiency in transport: Container ships

October 20th, 2013 at 2:39 pm by Blogger Bryn

I love stories about the biggest, fastest, etc so this economics packed clip, I love!!!

http://www.bbc.co.uk/news/business-24439603#

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Unit 1: Young drivers: Providers of negative externalities?

October 20th, 2013 at 2:24 pm by Blogger Bryn

Possibly, if this report is true and these new government restrictions are turned into actions

http://www.bbc.co.uk/news/uk-24491695#

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Unit 1: Information failure in the weight loss market

October 20th, 2013 at 2:17 pm by Blogger Bryn

A sad case, reports the BBC

http://www.bbc.co.uk/news/health-24456217#

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Unit 1: Tesco’s Huddle v Argos My tablet; a tale of substitutes…..

October 19th, 2013 at 8:53 pm by Blogger Bryn

….and possibly inferior goods?

http://www.tutor2u.net/blog/index.php/economics/comments/unit-1-micro-argos-tablet-and-inferior-goods

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Unit 2: The effects of inflation on different groups

October 19th, 2013 at 8:33 pm by Blogger Bryn

Nice post from tutor2u

http://www.tutor2u.net/blog/index.php/economics/comments/inflation-different-impacts-on-different-people?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+economics_news+%28tutor2u+Economics+Blog%29#When:12:41:55Z

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Unit 2: Falling unemployment, but it’s not a uniform picture across the country

October 19th, 2013 at 7:26 pm by Blogger Bryn

Nice chart from Sky news to highlight regional differences

http://news.sky.com/story/1155213/employment-jobless-benefit-claims-tumble

and this from the BBC re age of the unemployed

http://www.bbc.co.uk/news/uk-24550497#

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Unit 1: More restrictions proposed on cigarette sales in Europe

October 13th, 2013 at 3:29 pm by Blogger Bryn

….according to the BBC

http://www.bbc.co.uk/news/uk-politics-24493979#

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Unit 1: Increased demand for bulletproof cars in Pakistan

October 13th, 2013 at 3:27 pm by Blogger Bryn

A classic case of increased demand due to changing taste and fashion in Pakistan

http://www.bbc.co.uk/news/world-asia-24488387#

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Unit 1: Post office shares: A disequilibrium price?

October 13th, 2013 at 3:12 pm by Blogger Bryn

The launch price appears to be well below the equilibrium price if initial trading is any indication

Saucony ProGrid Ride 4 Running Shoes 280944

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Unit 1: Rising demand for new cars

October 8th, 2013 at 8:24 pm by Blogger Bryn

…..reports Sky

http://news.sky.com/story/1150123/new-car-sales-accelerate-in-September

and a summary from tutor2u

http://www.tutor2u.net/blog/index.php/economics/comments/signs-of-recovery-in-the-uks-new-car-sales?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+economics_news+%28tutor2u+Economics+Blog%29#When:07:44:16Z

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Unit 1: The falling price of lobster in the USA

October 5th, 2013 at 8:37 pm by Blogger Bryn

….according to the BBC

http://www.bbc.co.uk/news/world-us-canada-24409146

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Unit 2: Compulsory work/activities for the unemployed: A supply side policy?

September 30th, 2013 at 10:10 pm by Blogger Bryn

The BBC reports the latest Conservative party thinking

http://www.bbc.co.uk/news/uk-24333069#

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Unit 1: It’s easy to pass legislation like the minimum wage…..

September 30th, 2013 at 9:03 pm by Blogger Bryn

…….. but how easy are they to enforce? Without enforcement, the market failure continues, reports the BBC

http://www.bbc.co.uk/news/uk-england-24231924#

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Unit 1: How to reduce the negative externalities from alcolol

September 29th, 2013 at 3:34 pm by Blogger Bryn

Herr’s a voluntary scheme in Ipswich

Should the government pass similar legislation?

http://www.bbc.co.uk/news/uk-england-suffolk-24280098#

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Unit 1: Falling petrol prices

September 28th, 2013 at 4:01 pm by Blogger Bryn

….reports Sky, but should they be coming down by more?

http://news.sky.com/story/1146793/petrol-prices-phoney-war-is-over-says-aa

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Unit 1: Falling demand for holidays in Egypt

September 28th, 2013 at 2:58 pm by Blogger Bryn

……reports Sky news

http://news.sky.com/story/1146682/egypt-turmoil-holiday-demand-slumps

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Unit 1: Pros and cons of freezing gas prices

September 26th, 2013 at 5:53 pm by Blogger Bryn

Nice clip from the BBC

http://www.bbc.co.uk/news/business-24276762#

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Unit 2: GDP and economic growth powerpoint

September 23rd, 2013 at 5:51 pm by Blogger Bryn

….thanks to tutor2U

http://www.tutor2u.net/blog/index.php/economics/comments/revision-presentation-gdp-as-a-measure-of-economic-growth-and-standard-of-l?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+economics_news+%28tutor2u+Economics+Blog%29#When:20:43:40Z

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Unit 2: India raises the tariff on imported gold

September 19th, 2013 at 9:44 pm by Blogger Bryn

….reports the BBC

http://www.bbc.co.uk/news/business-24140325#

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Unit 1: China subsidises electric cars

September 19th, 2013 at 9:43 pm by Blogger Bryn

….reports the BBC

http://www.bbc.co.uk/news/business-24140329#

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Unit 1: Rising used car prices

September 19th, 2013 at 9:40 pm by Blogger Bryn

….reports the BBC

http://www.bbc.co.uk/news/business-24140995#

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Unit 1: The external cost of alcohol: The man who has visited A&E 263 times!

September 16th, 2013 at 5:16 pm by Blogger Bryn

Informative clip from the BBC

http://www.bbc.co.uk/news/health-24105248#

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Unit 1: Changes at Currys

September 15th, 2013 at 1:23 pm by Blogger Bryn

Is this revamp an example of allocative efficiency in the economy?

http://www.bbc.co.uk/news/business-24090230#

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Unit 1: Giant turbines; productive efficiency in action

September 15th, 2013 at 1:12 pm by Blogger Bryn

Great example from the BBC

http://www.bbc.co.uk/news/uk-england-essex-24078588#

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Unit 2: Greek unemployment

September 15th, 2013 at 12:59 pm by Blogger Bryn

A nice summary of the depressing position in Greece from tutor2u

http://www.tutor2u.net/blog/index.php/economics/comments/unit-2-macro-greek-unemployment-reaches-28

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Unit 2: The circular flow of income

September 15th, 2013 at 12:54 pm by Blogger Bryn

Nice powerpoint from tutor2u that builds the model step by step

http://www.tutor2u.net/blog/index.php/economics/comments/revision-presentation-building-the-circular-flow-of-income-spending?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+economics_news+%28tutor2u+Economics+Blog%29#When:18:26:22Z

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Unit 1: Privatisations in the UK

September 15th, 2013 at 12:52 pm by Blogger Bryn

A nice time line from the Guardian

http://www.theguardian.com/news/datablog/interactive/2013/sep/12/biggest-sell-offs-in-uk-privatisation-timeline

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Unit 1: Charging for plastic bags

September 15th, 2013 at 12:49 pm by Blogger Bryn

If you believe that free plastic bags lead to negative externalities, then this initiative by the UK government to allow England to follow Wales makes sense

http://news.sky.com/story/1141528/plastic-bags-shoppers-to-be-charged-5p Sky
http://www.bbc.co.uk/news/uk-24090133# BBC

a) What other approach could the government take to reduce the negative externality problem?

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Unit 1: The economic problem: Heart surgery in Wales

September 8th, 2013 at 4:40 pm by Blogger Bryn

This BBC clip shows scarce resources and unlimited wants

http://www.bbc.co.uk/news/uk-wales-23996475#

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Unit 1: Negative externalities from refining tar sands

September 3rd, 2013 at 5:55 pm by Blogger Bryn

Nice clip from Aljazeera

http://bcove.me/ify8jocs

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Unit 1: Negative externalities from the “Walkie Talkie” in London

September 3rd, 2013 at 5:33 pm by Blogger Bryn

Damage to cars? Hot spots on the pavement? Burns to people? Strange but true

http://www.bbc.co.uk/news/magazine-23944679 BBC
http://www.bbc.co.uk/news/uk-england-london-23941325 BBC
http://news.sky.com/story/1136349/walkie-talkie-skyscraper-beam-melts-cars Sky

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Unit 1: India to subsidise grain

September 1st, 2013 at 11:14 am by Blogger Bryn

….reports the BBC

http://www.bbc.co.uk/news/world-asia-india-23845386#

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Unit 1: Positive externalities from waste incineration?

August 31st, 2013 at 10:22 pm by Blogger Bryn

Possibly, according to the BBC

http://www.bbc.co.uk/news/uk-wales-23908360#

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Unit 1: The rocketing price of onions in India

August 25th, 2013 at 9:17 pm by Blogger Bryn

Due to  problems with the supply, according to the BBC

http://www.bbc.co.uk/news/business-23806040#

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Unit 2: Why the rupee is depreciating

August 20th, 2013 at 6:05 pm by Blogger Bryn

Nice explanation from the BBC

http://www.bbc.co.uk/news/business-23760973#
http://www.bbc.co.uk/news/business-23763474#
http://www.bbc.co.uk/news/business-23751210#

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Unit 2: The effect of a changing exchange rate on Japan’s BoP

August 20th, 2013 at 6:02 pm by Blogger Bryn

Nice article from the BBC

http://www.bbc.co.uk/news/business-23751029#

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Unit 2: The falling value of the Rupee

August 16th, 2013 at 5:10 pm by Blogger Bryn

Interesting BBC story

http://www.bbc.co.uk/news/business-23722553#

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Unit 1: Higher penalty fines; a solution to market failure on our roads?

August 16th, 2013 at 5:08 pm by Blogger Bryn

You decide having watched this BBC video

http://www.bbc.co.uk/news/uk-23722219#

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Unit 2: UK claimant count reduced: August 2013

August 14th, 2013 at 8:56 pm by Blogger Bryn

Mixed news on the jobs front with rising youth and long term unemployment rising (as is U in some regions), but the CC has fallen again

http://www.bbc.co.uk/news/business-23699341# BBC video UK
http://www.bbc.co.uk/news/business-23694451# ONS explanation
http://www.bbc.co.uk/news/business-23694457 video (NI emphasis)

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Unit 2: Inflation component and weights changes since 1990

August 14th, 2013 at 8:48 pm by Blogger Bryn

Fantastic interactive graphic from The Guardian

http://www.theguardian.com/news/datablog/interactive/2012/may/22/inflation-cpi-rpi-interactive

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Unit 1: Vertical farming: A way to make a country’s fop more productive

August 13th, 2013 at 7:08 pm by Blogger Bryn

Singapore is trying this out reports the BBC

http://www.bbc.co.uk/news/business-23675278#

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Unit 2: Government spending on capital infrastructure: Cycle networks

August 12th, 2013 at 6:11 pm by Blogger Bryn

Nice example (said the cyclist) from the BBC, possibly leading to positive externalities for the ecponomy

http://www.bbc.co.uk/news/uk-23663257#

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Unit 1: Payday loans: A demerit good?

August 12th, 2013 at 6:06 pm by Blogger Bryn

It appears some people think so as councils move to limit advertising of these loans and access to payday loan sites from council computers

http://www.bbc.co.uk/news/uk-23663590#

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Unit 2: GDP explained

August 11th, 2013 at 1:14 pm by Blogger Bryn

Thanks to the BBC for this

http://www.bbc.co.uk/news/business-22277954

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Unit 2: Inflation explained

August 11th, 2013 at 1:13 pm by Blogger Bryn

Thanks to the BBC for this summary

http://www.bbc.co.uk/news/business-12196322

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Unit 1: How the weather effects the supply of various crops

August 10th, 2013 at 8:18 pm by Blogger Bryn

Nice clip from the BBC

http://www.bbc.co.uk/news/uk-23633811#

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Unit 1: Externalities and China

August 10th, 2013 at 8:08 pm by Blogger Bryn

Thanks to tutor2u for this update summary

http://www.tutor2u.net/blog/index.php/economics/comments/unit-1-micro-externalities-air-pollution-and-life-expectancy-in-china?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+economics_news+%28tutor2u+Economics+Blog%29#When:06:12:59Z

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