Category
Explanations
How important is China to the UK economy?
The ONS has produced this excellent information piece on the growing importance of trade and investment with China for the UK. Highly recommended as background reading for students and teachers....
Market Capitalisation of a Business
Market capitalization (often shortened to market cap) is a measurement of the value of the voting ownership interest that shareholders hold in a business enterprise. It is equal to the current...
NHS Treatment Price Tags - An Exercise for Students
Many economics teachers bring the economics of health care into their teaching at an early stage of a new course. It is a terrific issue to look at when considering the basic economic problem of...
Europe's Orphan - The Future of the Euro
In this interview on the Financial Times website, senior journalist Martin Wolf reviews ‘Europe’s Orphan’ by the FT's Martin Sandbu.
China's money crisis explained with colouring pencils
A neat idea from BBC Newsbeat!
Perfect Game Theory Starter Activity
A perfect starter on game theory / behavioural economics from The New York Times.
Division of Labour and Specialisation in the Pit Stop
This video on Formula One pit stops is a perfect example of the division of labour and specialisation at work!
Mapping out the financial system
Financial economics is given a greater weighting in the new economics specifications and this new Bank of England video from their Quarterly Bulletin will help to explain how the different parts of...
Policies to reduce collusion
Exchange rates and the ‘Big Mac’ Index
Video Examples of the Division of Labour
The Dutch Disease
Dutch Disease was first coined in 1977 by The Economist in reference to the decline in the manufacturing sector in the Netherlands after the discovery of a large natural gas field in 1959.
Revision on Producer Cartels
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