Elasticity of Demand in Action: Sugary Drink Demand and Higher Prices
This article on (limited) research into the effects of higher prices for sugary drinks at Jamie Oliver's restaurants might be used when discussing price elasticity of demand and also the importance...
Economics: Does it Have a Problem with Women?
I'm very big on gender bias in labour markets: is the market for academic economists any different? It appears not: only around one-sixth of academic economists are female. So why is this the case?
World Bank adds two new poverty lines
The World Bank has added two new poverty lines—set at $3.20 and $5.50 a day (PPP) to join the $1.90 a day benchmark.
Palladium tops $1,000 an ounce
A great example of price volatility to use in microeconomics lessons!
RES Economics Essay Competition 2017 - Results
The RES has announced the results of the 2017 Economics Essay Competition.
How do you clear out a fatberg?
One to save for teaching negative externalities. The marginal private cost of disposing of fat, tampons, wipes and condoms is close to zero but the challenge of clearing up the consequences has to...
Trading with the EU - Post Brexit Options
A new briefing paper from the House of Commons considers possible options for the UK's trading relationships with the EU after Brexit. Excellent background - highly recommended.
Tech and Development - Apps and Crop Diseases
This is just brilliant. Plain brilliant. Technology making a difference to the standard of living of the poorest in society.
Inside the Cadbury's Chocolate Factory
The FT visits the Mondelez chocolate factory in Bournville, Birmingham. The company has reinvested and set up their global chocolate research department there.
Is the UK too tolerant of monopolies?
Yes, according to this timely piece in the Financial Times. A great article to use with students when discussing competition policy issues across a range of markets.
How Richard Thaler Changed Economics
In this special edition of More or Less, Tim Harford explores the ways in which Professor Richard Thaler has changed the subject of Economics.
The UK's need for infrastructure
There is plenty of evidence in this gem of an article for some of the causes of the UK's lagging productivity, from an interview with Lord Adonis, the chairman of the national infrastructure...
Europe's Busiest Airports
London Heathrow saw 75.7 million passengers flow through its terminals in 2016 - little wonder that, according to most estimates, the airport is right up against capacity constraints.
Teaching Business Economics - Pin the Tail on the Graph
A fabulous teaching approach here from Ali McClean who created pin-board theory diagrams and asked her students to test their understanding of key terms, pricing rules and much more besides.
What if Apple and Google merged?
An erroneous report published by Dow Jones this week suggested a merger was on the cards! The Lex column at the FT actually thinks there is enterprise value in an integration between the two...
This week's Economics News Quiz - 13 October 2017
Here's this week's quiz on news stories relating to economics. Good luck!
RIP Monty Hall
The game show host famous for the (counter-intuitive) Monty Hall Problem passed away recently at the ripe old age of 96. Here are some resources on a problem beloved of many university interviews!
Behavioural Economics has a Nobel Moment
Behavioural economics has received the ultimate accolade. Richard Thaler of the University of Chicago Business School has been awarded the Nobel Prize in economics for his work in this area
Craft distilleries drive gin boom
Gin festivals are becoming more popular with every passing year and soaring demand is creating a supply response as new craft gin distilleries open.
Growth without Industrialization
Professor Dani Rodrik's new short essay for Project Syndicate is timely background reading for teachers and students looking at growth and development strategies among low and middle-income...