Teaching AQA, OCR or Edexcel A Level Economics? Join our Teacher Facebook Groups
Our AQA, OCR and Edexcel A Level Economic Teacher Facebook Groups went live this week with the aim of allowing AQA, OCR and Edexcel A Level Economics Teachers the opportunity to engage, connect and...
Reinhard Selten remembered
Reinhard Selten was a pioneer of the analysis of strategic interaction of both fully rational players (game theory) and boundedly rational humans (experimental economics). He died in August 2016...
Globalisation and the Elephant Chart
The FT’s Chris Giles reports on a study by the Resolution Foundation that shows that globalisation does not appear to have hurt the lower middle classes in wealthy countries
The size and power of Global Corporations - a quick resource for the classroom
Globalisation and the emphasis on the world economy is a significant difference between Year 1 and 2 in A Level Economics. The increasing spread of globalisation is an important topic and we have...
Oxfam report on UK inequality
An Oxfam report released today highlights the fact that the UK is one of the most unequal countries in the developed world.
The Folly of Negative Interest Rates
John Kay's wisdom shines through in this critique of the negative yields / negative policy interest rates that have spread across many of the world's advanced economies.
How Brexit might impact on developing countries
Brexit is likely to be a double-edged sword for many less developed countries with trade / labour / investment links with the British economy.
The Opportunity Cost of a pair of Apple AirPods
$159 is the going price for a pair of the newly launched Apple AirPods - for that money, you could buy a GoPro, a drone or a whole year of Netflix - opportunity cost! in action!
Deepwater - The Shareholder Value Myth
Katie Allen writing here in the Guardian looks at the new Deepwater Horizon film and what the disaster tells us about the perils of poor standards of corporate governance, when shareholder gains...
China and the New Industrial Revolution
This is a hugely important and timely paper on the fast-changing Chinese economy which is perfect for second year Economics students with a real interest in the Chinese transition debate. There is...
Liverpool expands their stadium capacity
When teaching elasticity of supply I often use a listing of the stadium capacity of the major Premier League grounds as an example of where supply is fixed at least in the short run. Liverpool has...
The Chasm in Youth Unemployment Rates in Europe
This remarkably pertinent and thoughtful article from the Guardian contrasts two regions of one single market - Calabria (Italy) and Bavaria (Germany) which have vastly different rates of youth...
Oligopoly Price War - Asda Follows Morrisons
Interesting, very interesting. Asda have followed the news the Morrisons is cutting prices, by announcing price cuts of their own. This is classic oligopoly theory in action.
Why Chinese cities will drive the next phase of their growth
The economics of urbanisation, agglomeration economies and other network effects are explored in this article which argues that Chinese cities with a critical mass of middle-income consumers will...
Tease and Squeeze Pricing by the Energy Companies
Is it any wonder that energy companies are perpetually under scrutiny, not least by the Competition and Markets Authority (CMA), when they engage in practices that are so self-evidently...
Economists advise the football clubs! The failure of UEFA's Financial Fair Play regulations
Here's an article that got my interest, not least because it shows how economists may use their skills to investigate and advise about football! Economists from the Technical University of Munich...
Against the grain - a UK tech business on the acquisition path
This is an unusual merger story in that a UK tech firm, Micro Focus is crossing the pond to buy HP Enterprises in an $8.8bn (£6.6bn) deal. In the recent past, most mergers involving UK tech firms...
Government failure - green heating plans branded a 'total waste of money'
If you want an example of government failure, then I give you: Exhibit A. But what does the term mean?
Joseph Stiglitz - Can we make a globalization that works?
Another valuable entry in our series of resources from leading US economist Joseph Stiglitz.
The return of outsider economics
Will the war on inequality and rise of populism see a return to the economics of the 1970s? The FT, in collaboration with Punk Economics, takes a look at the ‘assault on the elites’. When one per...