An orgy of consumption on China's singles day
It is 'Singles Day' in China, 11/11, and this FT clip looks at how it's grown from a small event at Nanjing University to the world's largest orgy of consumer spending. And all of this in a country...
How much does doing the chores add to UK GDP?
The ONS has attempted to value the non-traded sector of economic activity - housework and DIY - to the UK economy. It's value? More than £1 trillion per annum, equivalent to 56% of GDP, with women...
Egypt Economic Crisis - IMF agrees a $12 billion loan
Hit hard (among other factors) by a collapse in revenue from tourism, Egypt has won approval for a $12 billion emergency loan from the International Monetary Fund.
Structural Unemployment
Here is a new video from out friends at Marginal Revolution - this time covering causes of structural unemployment in the labour market.
Economics news quiz - w/e 11 Nov 2016
Here's this week's Economics news quiz for use as a lesson started next Monday/Tuesday. 6 multi-choice questions included.
Can the government make us happy? Should it try?
This is a short interview with the Nobel prize-winning economist Angus Deaton. His work is concerned with the factors that raise economic well-being and the extent to which these influences are...
Achieving full marks in your short answer questions of Edexcel's Economics A Paper 1
Examiners require you to have three elements in your answers:
Knowledge – this is usually identification of different points OR definitions of key theories.
Application – you need to provide...
Join Us for A Level Economics Strong Foundations
We're all set for the first A Level Economics Strong Foundations student workshops later this term!
Disappearing into the Toblerone Triangle
Is this the most unusual effect of Brexit? The shape of Toblerone has changed and consumers aren't overly pleased. The changing shape of the bar reflects higher costs reducing the weight of the...
Tesla eyes a UK manufacturing base
Good news for the UK economy: it seems that electric car manufacturer, Tesla, are looking for a UK base to capitalise on the skills of UK car workers.
Why Egypt just let its currency crash by 48%!
In recent times, Egypt have switched between floating and fixed exchange rates for its currency - the pound. After the Arab Spring of 2011 it reimposed controls and only now has decided to revert...
15 Charts on the UK Economy (October 2016)
I have put together a newly-updated 15-chart slide-deck on aspects of the UK economy.
India's most tariff-protected industries
Our friends at Trade News Analysis have produced a pitch perfect table for students looking at the Indian economy. The most tariff-protected sectors in India are alcohol beverages, tea, cars,...
Ten Charts on Business Economics
Here is a ten-chart presentation on aspects of business economics - something in here I hope that might prompt analysis and discussion especially among Year 2 micro students.
Ten Companies that dominate Global Brands!
An autumnal hat tip to James Bennett for spotting the latest version of the Oxfam brand poster - superb for deepening understanding of the power of brands in shaping consumer choices and the stiff...
Germ Theory and Behavioural Nudges for Better Health
This is a truly fabulous and brilliant article on health economics and changing social norms from Atul Gawande (a hat tip @DianeCoyle1859 for the link) - germ theory and behavioural economics.
Elon Musk's Glass Roof
Dynamic efficiency - innovation and growth at the cutting edge.
Premier Inn scales back investment in Asia
Another cracking example of business retrenchment here as a new CEO takes over at Whitbread. Investment in increasing capacity at Premier Inn will focus on the UK, Germany and the Middle-east.
What To Do With the UK? EU Perspectives on Brexit
A hat tip to Romesh Vaitilingam (follow him on Twitter @econromesh) for pointing us to a new book on prospects for the UK as Brexit negotiations loom on the near horizon.
Richard Koo Explains a Balance Sheet Recession
This video is a few years old now but still pertinent to the challenges facing policy-makers especially in advanced economies struggling to find an effective macro policy mix to achieve durable,...