Unwrapping the Economics: Cadbury's Royal Warrant Setback
For 170 years, Cadbury's chocolate has carried the mark of royal approval, an emblem bestowed first by Queen Victoria in 1854. This seal, known as a royal warrant, is more than ceremonial. It’s a...
Exporting Care, Importing Knowledge: The Dual Benefits of Nurse Migration
For decades, the migration of skilled professionals from developing to developed countries has sparked heated debates among policymakers and economists. Often seen as a classic example of "brain...
Espresso or Equity? The Fight for Fair Pay at Starbucks
Starbucks baristas across the United States are taking to the picket lines in a high-profile strike, drawing attention to economic dynamics that ripple far beyond coffee shops. Over 11,000 workers,...
A legal battle between Yorkshire’s last commercial Brussels sprout grower and German retail giant Aldi has brought key economic concepts to the forefront. The case highlights the economic...
A Rising Tide: Economics Behind Soaring Water Bills in England and Wales
From next April, households in England and Wales will face a sharp rise in water bills—an average increase of £86 in the first year alone. This is no small splash: it’s part of a planned 36% hike...
Challenging Assumptions in Economics – A Pathway to Deeper Understanding
In the world of economics, theories often serve as a lens through which we attempt to understand complex human behaviour and market dynamics. These theories, however, rely on simplified assumptions...
Richard Easterlin (1926-2024): A Legacy in Economic Thought
Professor Richard Easterlin (1926–2024) leaves behind a profound and multi-faceted legacy in the field of economics. As a distinguished professor of economics at the University of Southern...
Africa’s Digital Divide: How Tariffs Are Holding Back Growth
Digital goods—from advanced machinery and computing technology to software—are the lifeblood of modern productivity. For developing economies, access to these goods isn’t just important; it’s...
Data Starter: Global production of fruit, vegetables & nuts 1961-2022
What has been happening to global production per capita for selected fruits, vegetables & nuts?
The Gig Economy on High Street: Flexibility for Stores, Risks for Workers?
Bustling high streets signal the busiest time of the year for retailers. But behind the glittering window displays lies a labour revolution that’s raising eyebrows and alarms. Increasingly, major...
In the News Teaching Activity – Christmas does not lift the spirits of businesses (Dec 2024)
As job vacancies drop at the fastest rate since the pandemic, businesses are gloomy as they look ahead to 2025.
Case Study: Addressing the Job Creation Challenge in Sub-Saharan Africa
Sub-Saharan Africa faces a critical challenge: creating enough jobs to support its rapidly growing population. By 2030, the region will account for half of the world's new workers, with an...
Case Study: Foreign Direct Investment (FDI) and the UK Economy
Foreign Direct Investment (FDI) plays a pivotal role in shaping national and global economic landscapes by fostering cross-border capital flows, generating employment, and stimulating innovation....
Case Study: The Economics of Tourist Taxes
Tourist taxes, also known as transient visitor levies, are taxes imposed on accommodation or other services used by tourists. Governments across the world implement these taxes for various...
Cartels in Construction? The Economic Costs of Rigged Contracts for Schools
When it rains in Britain, it pours. And sometimes, the leaks are not just from the roofs but also from the foundations of the economy. The UK Competition and Markets Authority (CMA) recently...
Construction Crunch: Why the UK Can't Meet Its Housing Targets
The UK is facing a housing crisis that reads like a suspense novel. A government promise of 1.5 million new homes by 2029 hangs in the balance as industry experts warn: we don’t have the workers to...
Case Study: The Geographical Pattern of UK Trade in 2023
In 2023, the UK demonstrated varied trading relationships globally, reflecting a shift in the balance of its economic ties. This case study explores the UK's trade data to evaluate the role of key...
Economics Weekly Quiz | 13 December 2024
Here's our last weekly economics news quiz of 2024! The quiz has 8 multi-choice questions about news events relating to economics from the previous 7 days. Most of the questions relate to the UK...
Data Starter: UK economic inactivity 1971-2024
How has the economic inactivity rate in the UK changed between 1971 and 2024?
Normal and Supernormal Profits Explained - A-Level Economics Mastery
In this video we look at the important difference between normal and supernormal profit and then link both concepts to different market structures.
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