Category
In the News
Economics Weekly Quiz - 23 March 2018
Here's this week's economics news quiz. Good luck!
The Labour Market for Chefs - Supply Drying Up
This is a really nice article about the operation of a particularly unusual labour market, the market for chefs. There are lots of applications here, derived demand being the most obvious.
Wellbeing Economics - Finland, Equality and Happiness
They've never had it so good, the Finns, as the UN World Happiness Report named them the happiest nation on the planet.
Vanilla pods and economic development in Mauritius
An interesting look at the growth of the vanilla industry on the island of Mauritius, which started by looking at the long lead-time- it takes 5 years before a vanilla orchid starts bearing vanilla...
Economics Weekly Quiz - 16 March 2018
Here's this week's economics news quiz. Good luck!
World Happiness Report 2018 - 'Match Up' activity
The World Happiness Report for 2018 has been released and can be viewed from this link. As always, it uses a number of criteria to determine how happy (or unhappy) the citizens of countries are and...
Public Goods - Sea Walls in Japan
The public good nature of sea walls as a protection against tsunami risk is illustrated really well in this superb photoshoot from Japan.
It will be music to the ears of many Economics Teachers to read (or hear) the Governor the Bank of England use terminology such as 'tragedy of the commons', 'market failure' and 'rational behaviour...
Economics Weekly Quiz - 9 March 2018
Here's this week's economics news quiz. Good luck!
What snowstorms tell us about economic behaviour
The chaos and misery created by the snow now seems to be safely behind us. For economists, there are always interesting aspects to behaviour in any context.
Steel tariffs - losses outweigh the gains.
Losses to many consumers outweighing the gains to a small number of producers is standard economic analysis of the impact of a tariff. Finding the specific impact on both requires some in-depth...
Economics Weekly Quiz - 2 March 2018
Here's this week's economics news quiz. Good luck!
Vietnam attempts a tech innovation renaissance
Vietnam is trying to foster the development a hi-tech digital economy, and is looking to attract members of the Vietnamese diaspora to return and create the network effects associated with the...
Trump commits to hard protectionism
It has been a while coming but we now appear to be on the verge of the Trump administration making a decisive move towards a protectionist stance with the imposition of high tariffs on imports of...
University pensions dispute and the life-cycle theory
University lecturers began a strike over their pensions last week. The dispute may even run on and jeopardise the summer exams.
Decline in London transport passenger numbers
This is a fantastic piece of economics/geography - that highlights some of the key features of urbanisation and its economic consequences, starting from a premise that London is currently...
If NAFTA were a hamburger
If NAFTA were a hamburger - what a catchy start! And a nice tie in to the eating habits of the President - pointing out that the hamburger itself is likely to be a fantastic demonstration of the...
Diesel ban approved for German cities
An interesting adjunct to the news that diesel car sales are on the slide in the UK and the effect that this has had on CO2 emissions: the German courts have ruled that two cities will be able to...
Nudging behaviour to save water
Cape Town in South Africa is running out of water. There has been a severe drought, with very low rainfall for three years. A month ago, it was predicted that at the current rate of use, the taps...
Mapping flooding risk in Tanzania
Technology, development, climate change, information and the provision of public goods, this clip has it all. The World Bank has launched an innovative programme looking at how to best use locally...