Economics: An Illustrated Timeline
This economics timeline provides an overview of historic events, schools of thought, and the people involved.
Women who changed the world: Elinor Ostrom
A resource arrangement that works in practice is one that can work in theory!
A great example of a behavioural intervention - Honolulu bans texting while crossing streets in bid to curb injuries - presumably enforced through cameras.
Why do firms exist?
Ronald Coase’s classic article on the theory of the firm is explored in this special article from the Economist.
Behavioural Economics - Battling Obesity
The long struggle against smoking is the model for tackling obesity according to Simon Kuper in this article from the Financial Times.
The surge towards electric cars gathers momentum each day. But this report from David Pilling of FT on the Democratic Republic of Congo - home to more than sixty per cent of the world's cobalt but...
Labour Market Enforcement Tsar Starts Work
Professor David Metcalf is starting work as the new Labour Enforcement Tsar leading a campaign against abuses in the labour market including allegations made against transnational companies with...
Salaries, incentives and the principal agent problem
Following the disclosure of the salaries at the BBC, it has hardly seemed possible to open a newspaper or switch on the television without being bombarded by stories about pay.
Venezuela’s economic and political crisis in charts
The FT has produced a series of charts focusing on the economic and humanitarian crisis in the failed state of Venezuela.
Alphabet (Google) profits shrink after EU fine
How much impact can governments have on markets? Alphabet (the parent company of Google) have announced that their overall profits fell by 28% for the last quarter following a fine of $2.74bn...
Greece returns to the bond market
An encouraging sign for the Greek economy as for the first time in several years, Greece has returned to the international bond market seeking to swap government debt due in 2019 for a bond that...
Shrinkflation gets bigger!
Shrinkflation occurs when products get smaller without getting any cheaper . According to a new survey from the ONS, shrinkflation has been going on for years across thousands of products.
Is work too easy? A new analysis on obesity
Since I started teaching, I've always enjoyed delivering the market failure aspects of the course, particularly in the first year. This topic always allows for students to immediately link...
State Pension Age of 68 is Brought Forward
Faced with increasing longevity and the prospect of tens of billions of extra welfare spending in the years ahead, the British government has brought forward the date at which the state pension can...
How Markets Work - Classroom Posters to Stimulate Discussion
Here is a series of giant classroom posters designed to encourage Economics students to discussion the questions of how markets operate.
Gender Pay Gap at the BBC
Releasing the names of the BBC's best-paid employees tells us a lot about the TV labour market although the information did not include those working for independent production companies.
The dominant economic narrative in the UK is a pretty gloomy one just now. True, employment is at a record high. But, counter the whingers and whiners, zero hours contracts and low pay proliferate.
Pay for BBC top talent revealed - should this model be used more in our Labour Markets
If you haven't seen it already, have a look of the list of the BBCs top earners here which has been revealed today. When you have a scan through, there are few surprises and, on the basis I can't...
Which Economists do A Level students need to know about?
Which Economists do A Level students need to know about? The specifications discuss the need for students to use the theories of significant economists but aren't prescriptive about which.
Investment bonds - a learning resource for upcoming Yr 13 Economics students for their summer break!
Assuming that you've left much of the financial markets section of the A level Economics specification until year 2 of the course, here's a challenging online resource for next year's Year 13...