Economics Weekly Quiz - 20 July 2018
Here's this week's economics news quiz. Good luck!
Google fined €4.3bn for reducing consumer choice
Yesterday’s ruling from the European Commission that will result in Google receiving a record-breaking fine of €4.3bn for unfair practices is an absolute goldmine of a case study for students...
How migrant networks can stimulate trade
Following the 1994 lifting of US trade sanctions against Vietnam, the share of US exports going to its former enemy was higher and more diversified in states with larger populations of Vietnamese...
At a time when fights over migration are dividing rich countries and fracturing their politics, a study published in the Economic Journal sheds light on a ‘path not taken’.
Impact of remittances on growth and poverty
The recent surge in remittances from migrant workers to their native countries may be overestimated, according to research by Michael Clemens and David McKenzie, published in the Economic Journal.
The Economic Benefits of Clustering
Here is a superb article on the growth of the life sciences and agricultural technologies industries in and around Cambridge - a tremendous example to use of the benefits of agglomeration...
LSE Economics Society Essay Competition 2018
Here are details of the annual LSE Economics Society essay competition - another excellent enrichment opportunity for ambitious student economists. Deadline for entries is 1st August 2018.
Economics Weekly Quiz - 13 July 2018
Here's this week's economics news quiz. Good luck!
Here's 5 minutes of (educational!) fun for your classroom to celebrate the World Cup semi-final between England and Croatia on the 11th July.
Relative poverty in San Francisco
Here's an interesting article from the BBC for anyone wishing to illustrate the concept of relative poverty. The article, which highlights a report from the US Department of Housing and Urban...
Resources from the Reserve Bank of Australia
It is the time of year when teachers might be reviewing resources and schemes of learning in preparation for September (or having a well deserved rest!)
ONS to publish GDP data on a monthly basis
As of this week, the ONS is to start publishing GDP data for the UK economy on a monthly rather than quarterly basis. Although this change seems relatively minor, the availability of data is...
Economics Weekly Quiz - 6 July 2018
Here's this week's economics news quiz. Good luck!
JRF launches new Minimum Income Standard
What do the public think people need to earn to reach acceptable living standards? The Joseph Rowntree Foundation has launched their new minimum income standard and find that minimum household...
Iceland grows forests for first time in 1,000 years
A positive story here of the challenges and opportunities that come with a focused strategy of reforestation in Iceland. This in the week when we discovered that satellite data shows the world has...
Growth versus the environment: deforestation
The growth versus the environment debate is great for opening a thoughtful discussion about the net benefits of economic growth. Some participants take what might be described as a Kuznets Curve...
Thailand afflicted by mountains of electronic waste
Unusual story this, with the waste from electronic items such as computers increasingly ending up in other parts of South-East and East Asia, rather than China, after the latter banned waste imports.
Technology: The great job-creating machine
Ian Stewart argues that the characteristics of individual jobs change a lot over time. Does the emergence of and rapid adoption of new technologies create more new (different) jobs than it destroys?
Economics Weekly Quiz - 29 June 2018
Here's this week's economics news quiz. Good luck!
Contestable markets: Amazon buys online pharmacy PillPack
Shares in pharmacy retail chains plunged when news broke that Amazon is entering the online pharmacy market with the acquisition of PillPack. Creative destruction at work in the retail space....