Impact of competition in the mobile phone market
Why are regulators in Britain and Europe opposed to a proposed £10.5-billion merger between the UK’s second-largest operator, O2, and the fourth-largest, Three?
Alternative Finance and Information Gaps for Investors
Peer to Peer lending and Crowd Funding has grown rapidly in recent years. It is playing an increasingly important part in raising money for start up companies such as the craft beer maker Brewdog....
Ticket prices, fairness and behavioural economics
Who wants to watch the Scousers play football? Certainly no Mancunian, and probably no self-respecting Londoner. Yet demand for tickets at Anfield, the home of Liverpool FC, is high. Indeed, there...
Monopsony Power: Asda asks Suppliers for Discounts
The extent to which the discounters have altered the nature of grocery retailing is self-evident in this Guardian article that looks at Asda's latest moves in the sector. Asda, currently the worst...
Student Essay: Evaluating Fiscal Austerity in the UK
Here is a really good example of a student essay that uses strong contextual evidence to build arguments on both sides of the fiscal austerity debate. First Year student Juhwan Sohn answered this...
BoE Competition - St Olave's Survey of Regional Economic Confidence
The economics team at St Olave's Grammar School Orpington are working hard on their presentation for the next round of the Target 2.0 Competition organised by the Bank of England. As part of their...
Building Contextual Awareness - Country Profile Sheets
I have updated the country profile sheets used by my students as preparation for their A2 macro exams this summer. The resource is available as a free download.
Growth Miracles and Growth Disasters
Some might take issue with continuing to award Japan the accolade of a growth miracle economy, nonetheless this entertaining short video from Marginal Revolution is a a tidy bridging resource on...
Falling copper prices hit Zambian towns
This clip from BBC news looks at the impact of the Chinese slowdown on the global copper price and, by default, the economic fortunes of Zambia's Copperbelt. The town of Kitwe, the capital of the...
UK Housing - A Nation of Permanent Renters?
Such is the affordability crisis in owner-occupied housing in Britain that there is a significant risk that millions of people will never be able to buy their own property. A new report from the...
Baltic Dry Index Suggests Stormy Times for Global Economy
The cost of hiring a freight-liner to carry products around the world has collapsed in recent months. If the Baltic Dry Index is any guide for the global economy, the picture is looking decidedly...
EU launches anti-dumping probe on Chinese steel
The pressure for official investigations into allegations that China is dumping steel into the European Union has been mounting for many months. Now the EU has decided to extend their probe into...
GSK hit by fine for anti-competitive behaviour
Quelle surprise - on being fined for anti-competitive behaviour, GSK deny the allegations and argue that they brought the drugs of their generic rivals to the market earlier, saving the NHS money....
St Mary Magdalene Academy Economics Question Time (2016)
We are delighted to add details of the 2016 St Mary Magdalene Academy Economics Question Time event to be held in London on 9th March. Tickets are free and a warm welcome is extended to economics...
The England football team suit and globalisation
The story of the creation of the England football team's suit for Euro 2016 is a great example to use in analysing globalistion, with elements created all over the world - look at the map below,...
Behavioural economics on Valentine’s Day
A joke blog today. Slightly better than the dreadful economics valentine’s jokes here.
Information failure, consumer behaviour and prices
Here's a good spot from regular t2u contributor Penny Brooks, who is highlighting to her students this week an article from the BBC on how businesses can confuse consumers with their price offers....
Finland suffers a slump in economic growth
Finland used to be one of the European Union's most prosperous countries. That was during the heyday of former mobile phone giant Nokia, before the global economic crisis. Now economic growth is...
BREXIT and the UK economy - The Beast Tool
What is the likely impact of a Brexit on the UK economy? Bloomberg Intelligence's Jamie Murray reports on possible outcomes to the U.K. economy if there is a Brexit
Collapsing commodity prices hit South African miners
The dramatic fall in commodity prices is hitting employment in the South African economy.