Category
In the News
Economics Weekly News Quiz - 16 November 2017
Here's this week's economics news quiz. Good luck.
Economics Weekly News Quiz - 16 November 2017
Here's this week's economics news quiz. Good luck.
Richest 1% own half of the world's wealth
A Credit Suisse reportreveals the extent to which the meek seem increasingly unlikely to inherit the earth.
Just Eat and Hungryhouse - Takeover Cleared
A great competition policy applied example! The Competition and Markets Authority (CMA) has cleared Just Eat’s acquisition of Hungryhouse, following an in-depth investigation. They refer to the...
Airbus secures $50 billion deal
A terrific example here of the balance of bargaining power when a duopolist (Airbus) meets a business owning a group of low-cost airlines (monopsony buying power) to reach a deal for 430 aircraft...
Indie coffee shops battle it out on the high street
The number of coffee shops in the UK increased by over 6% last year - are we close to saturation point? Or will more entrepreneurs enter a space where non-price competition is so important?
Competition and Markets Authority - "Concentration" Activity
It has been announced today that the Competition and Markets Authority have agreed, in principle, to allow the takeover of wholesaler Booker by the retail giant Tesco. Although agreeing in...
Co-op buys Nisa for £143m
Rapid consolidation in the UK convenience store sector has continued apace with news that NISA shopkeepers have voted to agree a takeover from the Co-op.
Here's a resource that may be useful to you as a 10-15 minute activity over the next couple of weeks preparing new Economics students for the upcoming Budget. In 'The Double Agent' you have 3...
Vodafone in east Africa - elite rent-seeking exposed
Ethics and MNCs - This Observer investigation into the rise of Vodafone in east Africa has done an awful lot to benefit the political elite and commensurately less for the ordinary citizen. It...
Economics Weekly News Quiz - 10 November 2017
Here's this week's economics news quiz. Good luck!
What is your economics superhero name?
Courtesy of this tweet from Jon Inge I can confirm my name is Supernormal Surplus! What is your economics superhero name?
UK House Prices and Living Standards - "A-maze-balls" activity
According to the Halifax, house prices continue to rise in the UK (4.5% on average in the year till October) and will carry on doing so in the near future. The value of houses are an important...
Diesel car sales fall by almost one third
There's been a precipitous decline in sales of diesel cars, of nearly a third, putting pressure on the car industry and, according to the article "the Society of Motor Manufacturers and Traders...
Tax Avoidance - try this 'Reach the Peak' activity
So, tax avoidance is back in the news with the ongoing investigations surrounding the 'Paradise Papers'. Economics students will know the difference between tax evasion (which is illegal) and tax...
Supply side economics - how to shift the PPF
New economics students are probably familiar by now with the Economic Problem, the four Factors of Production, and the PPF, and the concept that in order to increase potential output, you need to...
China's Zombie Business Privatisation Policy
This clip is fascinating documenting how one Chinese province, Liaoning, has started to privatise 'zombie' companies in the hope of returning them to profitability, rather than continuing to prop...
Economics Weekly Quiz - 3 November 2017
Here's this week's news quiz on the world of economics. Good luck!
Mr Proud's homemade Phillips Machine
What a fantastic achievement from Charles Proud at the Perse School in Cambridge. He has engineered and completed his own Phillips Machine!
Why the Bank of England has raised interest rates
Inevitably there has been a deluge of media coverage of the first base rate rise for a decade - albeit a tiny step! Here is our curation of some of the best articles.