Category
In the News
Sky takeover bid to be settled by auction
The UK's Takeover Panel, in consultation with all interested parties is to determine the outcome of rival Sky bids via an auction.
Identification for Development
This World Bank clip looks at the most fundamental property right of all: to an identity. The Identification for Development Program is trying to give the 1 billion people without proof of identity...
The Rise of Private Firefighters
Whoever says that fire services are a public good, or even a quasi-public good? In the United States, record breaking wildfires are fuelling - no pun intended - the rise of private firefighters....
Economics Weekly Quiz - 14 September 2018
Here's the new academic year's first Economics Weekly Quiz. 10 multi-choice questions. Good luck!
Do free museums serve all social classes?
Free museum access is often depicted as something that might be classified as a quasi-public good, but this Newsnight clip debates whether or not that's the case.
Ireland as a tax haven for multinationals
US firms book more profits in Ireland than in China, Japan, Germany, France & Mexico combined according to a new paper on the tax havens and multinational activity published by Gabriel Zucman,...
Co-op joins the price war in the funeral industry
Increased competition in the funeral sector, with the Co-op looking to bury its rivals by offering cheaper funerals. The average price of a funeral is falling, with customers opting for no-frills...
Should the monopoly power of the tech titans be broken up?
Vince Cable argues here that the tech giants need to be broken up, arguing that their size is a threat to welfare. He argues that these companies represent new forms of monopoly, and are able to...
Concerns over plastic waste set to beat price as primary concern for consumer
As this may well be the second or third week of teaching your new Economic students this term, you might well be at the stage of discussing demand, supply and price determination. Here's an...
Stiglitz - Have enough lessons been learned before the next downturn?
Joseph Stiglitz argues herethat history has a lot to teach us, and that economists need to return to it, if they wish to head off the worst consequences of the next US downturn.
Watersones buys Foyles in bid to counter Amazon threat
Consolidation in the UK bookstore market as Waterstones tries to strengthen its position to counter the threat from Amazon. Waterstones has bought fellow book-retailer Foyles perhaps best known for...
Five surprising outcomes of the 2008 Financial Crisis
Gillian Tett's article in today's FT is a fantastic list of unintended consequences, failures of regulation, and the difficulty of curbing monopoly power. There are lots of great commentary pieces...
Service sector growth boosts UK - for now
The PMI survey is an important indicator of the level of activity in an economy. It stands for Purchasing Managers Index, and is based on a monthly survey sent to senior executives at more than 400...
Coca Cola Buys Costa Coffee
Whitbread bought Costa for £19 million 23 years ago when it had only 39 shops. The breaking news today is that Coca Cola is buying the Costa Coffee chain from Whitbread plc for just under £4 billion.
Sky News/IPPR poll on the UK economy - download our worksheet
With impeccable timing, Sky News and the Institute for Public Policy Research (IPPR) have released the findings of their extensive survey on how people view the relative 'fairness' of the UK...
Economics Quiz starter quiz
Like a number 5 bus, tutor2u brings you our second quiz of the day aimed at your new students. This quiz is a Powerpoint file, offering 10 multi-choice questions about UK and world economic stories...
Government floats ban on energy drinks for under-18s
If this change in law comes about, it will mark a potentially hugely significant intervention by the UK government. They are consulting about introducing a ban on under-18 buying drinks containing...
Exodus from Venezuela and the economics of revealed preference
How many people in the history of the world have fled from a capitalist country to a socialist one?
The derived demand for pilots
The demand for pilots is derived from the demand for air travel as this article makes clear. Boeing says Asia needs 240,000 pilots over next two decade including nearly a quarter of a million in...
Online shopping and warehouse space - derived demand in action!
A good example here of a derived demand, and an illustration of the changing nature of our shopping habits. Are retail warehouse clusters becoming (effectively) the new High Street?