Category
Explanations
How Porsches Are Made
Wow! A stunning four minute video that takes us behind the scenes of the Porsche factory in Leipzig in Germany where thousands of robots (and some humans) come together to manufacture 160,000...
Why Multinationals Love Some Places, but Ignore Others
A great short overview here from researchers at the London School of Economics of some of the economic factors that cause multinational corporations to favour some countries over others when making...
Learning Macroeconomics On A Roller Coaster
In the company of Paul Krugman, Stephen Colbert asks some searching macroeconomic questions!
Long Read: Do companies have too much monopoly power?
A new paper from Princeton economist Jan De Loecker finds that the mark ups (profit margins) of the world's largest global companies has been increasing raising fresh concerns about the impact on...
The Rise and Fall of GDP
Super short video from Project Syndicate on whether GDP as measurement tool has reached the end of a long run.
Inside an ultra-efficient BMW factory
A sensational short video from Business Insider which visits a BMW plant in the USA that makes 1,400 vehicles a day. Over 500 robots and 450 employees work together to produce one SUV. A great...
Business objectives of discount supermarkets
Last week supermarket discounter Aldi announced a simultaneous rise in sales and a fall in profits. The company reported a 13.5% rise in sales and a 17% fall in profits. This begs the question how...
Labour markets and Wage stagnation
Average wages have gone up over the last year. The latest data from the ONS shows that in June 2017, on average wages had risen by 2.1% compared with June 2016. However, taking inflation into...
Punk FT on the Financial Crisis Ten Years On
Great to see a new Punk FT video casting an eye back on a decade of debt ten years on from the Global Financial Crisis!
Index Funds - excellent introduction from Tim Harford
If you were lucky enough to see Tim Harford at our National Teachers Conference on 5th July you would have seen his presentation on the technological inventions that have shaped the modern world....
Here's a nice, short video from the Financial Stability Board that explains what regulations are being put in place to reduce the chances of a Financial Crash happening again (thanks to Dan Nixon...
Behavioural economics meets property rights - who owns the space between airline seats?
This article in The Economist is definitely one to save up for the next time you are teaching behavioural economics, but it offers a great deal more than that. The interaction of demand and supply,...
What is a 1983 £1 coin worth?
For a different take on how inflation erodes the value of money, calculating 'real' values for nominal values, and considering different forms of investment, this short article on the BBC website...
What's Happening With the Government's Finances?
With the 2017 Budget imminent, Carl Emmerson from the IFS looks at the state of UK government finances. Only on 12 occasions since 1948 has the UK government run a budget surplus.
Absence of property rights - a constraint on development
“Dead capital” is economist Hernando de Soto’s term for an asset that cannot easily be bought, sold, valued or used an investment. De Soto’s work argues that even those who live in slums possess...
What has happened to taxes over time?
The share of national income raised in tax has been slowly edging up in recent decades. Helen Miller from IFS explains what has been happening focusing on the concept of the tax burden. The UK...
Where does the government get money from?
EconFilms and the IFS have teamed up to produce a series of new videos ahead of the 2017 Budget - tremendous stuff as an introduction to fiscal policy!
Problems with Randomised Controlled Trials
Students of overseas aid and behavioural interventions may have come across the idea of randomised controlled trials (RCTs). In this video, Nobel-winner Professor Angus Deaton discusses the...
UK inflation in the Brexit years
George Buckley has been a good friend of Tutor2u over the years. He explains things really clearly for A level students - this is a good example as he explores some of the factors that will affect...
Meet the CPI Foot Soldiers
With CPI inflation climbing to 1.8% in January, the highest since June 2014, this is a timely and excellent Katie Allen piece looking at the simple mechanics behind inflation figures, highlighting...
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