Category
In the News
This news covers competition in the supermarket sector, monopsony power costs, income elasticity of demand and more.
Can New England's cod fishing industry survive?
This Guardian article looks at a classic common access resource problem: over-fishing. In this case, it's the North Atlantic waters off the New England coast that no longer teem with cod.
World's first 3D printed plant-based steak
What shall we print for dinner? This Reuters clip looks at the growth of the alternative meat market - notably in Israel.
Economics News Quiz - 3 July 2020
Here's this week's economics news quiz. Good luck!
Surge in innovation is silver living from Covid crisis
A silver lining of the Covid crisis has been a surge in innovation. Enterprising firms have invented both new products and different ways of delivering existing ones.
The Competition and Markets Authority have suggested that Google and Facebook, have too much market power in the market for digital advertising.
Since privatisation in 1991, water companies have paid shareholders nearly £2bn per year in dividends.
How likely is a V-shaped recovery for the UK economy?
Andy Haldane's caveat is fascinating here - the UK will EITHER experience a V-shaped recovery or risks 1980s-style levels of unemployment.
Is the UK sleep-walking into an unemployment crisis?
This Larry Elliott article about prospects for jobs in the UK, suggests that, while in the short-term things will be bad, they are likely to be even worse in the longer term.
Economics News Quiz - 26 June 2020
Here's this week's economics news quiz. Good luck!
Self-evidently, the car industry is under the pump at present, and job losses are inevitable.
This World Bank clip looks at how improved roads in Timor-Leste have also improved developmental outcomes on the island, with some of the poorest citizens getting access to markets more easily, and...
Lockdown data
An article published in The Sunday Times this week highlighted some interesting data relating to changes in consumption patterns due to the coronavirus.
Surge in borrowing takes UK national debt above 100% of GDP
Wow! The latest data about the public finances sees government borrowing hit a record level in May 2020, and the biggest since records began (in 1993).
Economics News Quiz - 19 June 2020
Here's this week's economics news quiz. Good luck!
Competition heats in contestable Spanish telecoms industry
Here is an excellent FT for Schools article on the current state of the Spanish telecoms market.
Did the pandemic lead to fewer customer discounts in stores?
This is a fascinating article about the nature of pricing goods and services during the pandemic, with implications for inflation too.
Economics News Quiz - 12 June 2020
Here's this week's economics news quiz. Good luck!
UK GDP falls 20% in one month
It really shouldn't come as a surprise that UK real GDP should collapse in this way because the shut-down was a deliberate act to protect public health.
UK economy set to be hit hardest of leading economies
The OECD is forecasting that the depth of the UK recession is going to be the largest in the developed world, with real GDP set to shrink by 11.5% this year, and possibly as much as 14% if there's...