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Economics in the News : Archive for December 2006 The following articles on Economics in the News were published during December 2006 |
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There are two decisions taken by the Labour government (and Parliament) over the last eighteen months that I whole-heartedly support, potentially a brace of decisions that will have the biggest single effect on the health of our nation for at least a generation |
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Teachers can now register their school or college to enter the RES Young Economist of the Year 2007 |
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2006 proved to be a remarkable twelve months for the world oil market. In the first six months of the year the newspapers were full of headlines about the apparently inexorable rise in prices towards $80 per barrel and discussion about the likely economic consequences. But in the final months of the year, prices on average have fallen back by more than twenty-five per cent towards OPEC’s benchmark price of $60 a barrel. This sixteen slide presentation brings the latest developments in the world oil market into focus. |
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A twenty-slide presentation covering aspects of the European Union economy fully updated to the end of 2006. |
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The latest edition of the European Economy in Focus is published today. This comprehensive study guide has been thoroughly revised and brought completely up to date. Full details available here. |
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2006 was a much better year for the German economy with the fastest growth this decade together with a substantial fall in unemployment and a strong rebound in business investment. I have put together a series of charts on the largest economy within the European Union which tracks the performance of the German economy in 2006. |
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The December 2006 edition of the Commodity Price chartroom is available for viewing as a streamed presentation. |
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The World Bank has published a major new report on what the world economy might look like in 2030 as the next phase of globalisation gathers momentum. Martin Wolf makes heavy reference to this new report in his excellent analysis piece in today’s Financial Times entitled "A glimpse of a prosperous 2030" |
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The December 2006 edition of the UK Economy in Pictures. 32 charts on different aspects of the recent macroeconomic performance of the UK. |
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Robert Peston the Business Editor of the BBC has written a super article on some of the implications of the current wave of merger and takeover activity and, in particular, whether or not we should be concerned about the huge surge in interest from foreign firms in taking stakes and eventually ownership of many UK firms. |
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The question of whether the Chinese have deliberately kept the Renembi Yuan undervalued against the US dollar so as to maintain and improve cost and price competitiveness against the US economy has come to the fore again with remarks from the Chairman of the Federal Reserve, Ben Bernanke. |
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The Lex column in today's Financial Times provides a good example of the different types of profit that we use when teaching introductory theory of the firm. |
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A couple of new(ish) videos available to check out on You Tube! |
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These are some notes drawn from the talks given by Rachel Bridge and Laura Tenison to the Business Café Live Conference in London on Monday 5th December 2006 |
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The launch of BT Vision is strong evidence that the fundamental economics of broadcasting has changed forever. |
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Here are some links to media coverage of the new Road Transport Review produced by Sir Rod Eddington which has come out strongly in favour of a national system of road pricing as a means of reducing traffic congestion. |
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Globalisation has played a role in subduing inflationary pressures in developed countries according to a new working paper from the Economics Department at the Organisation of Economic and Cooperation and Development (OECD). |
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A new essay competition open to all A level and IB students is launched today. |
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A new government has been elected on manifesto promise of major reforms to taxation. As a consequence, you have the opportunity to make changes to the system of direct and indirect taxes in the UK. What changes would you make? Download a worksheet for students. |
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Today we saw another example of heavy fines for businesses found in breach of European competition law with the exposure and censoring of firms involved in a cartel among rubber manufacturers. |
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| Other essential economics resources: | |||
| econoMAX - the Economics Magazine for AS & A2 Economics | |||
| Economics Exam Technique - Guidance from the Examiners | |||
| The UK Economy in a Nutshell | |||
| The European Economy - New Free Resources | |||
| Economics - Student Discussion Board | |||
| GCSE Economics Revision Notes | |||
| AS & A2 Economics Revision Notes | |||
