Which is the biggest music streaming service on the web?
I'm pretty sure if I ask this question in my economics class, then the answer will be Spotify! Indeed a quick show of hands a few days ago revealed that, not only did most students use Spotify...
Tesco dominates the UK ice-cream market
They seem to have got it licked judging by the latest data on ice-cream sales in the UK. Tesco has just over 27% of take-home sales of ice creams although Lidl, Aldi and (appropriately enough)...
China's State-Owned Car Making Giants
China is now easily the biggest manufacturer of cars in the world (overtaking Japan and Germany some time ago). In 2015, the country manufactured 21 million cars in production plants located in...
Canada considers new trade hub for Brexit Britain
Oh good. Another country, after Australia comes forward to press the free trade agenda with Britain, and a G7 member too.
Lesson Worksheets for Year 2 Linear A Level Economics
Our series of key topic lesson worksheets for the Year 2 teaching content of A Level Economics are now complete and ready to send out immediately.
Bank, Camera, Action Competition from the Bank of England
The Bank of England has a brand new film competition 'Bank, Camera, Action'. Students are encouraged to make a short film about "A day in the life of the New Fiver" to coincide with the...
Britain's Government Debt - Who is Buying It?
This is a superbly clear short video from the Financial Times on how the UK government must compete on then global market for investors prepared to buy new issues of gilts (government bonds).
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.