Countries most dependent on oil in 2018
Which countries rely most upon exporting crude oil? A fresh study by Bloomberg estimated that in 2018 the most reliant country will be Brunei, with oil exports projected to make up over 60 percent...
This week the Beyond the Bike adventurers found themselves in Singapore, and spoke at a number of schools. To complement their trip, we have designed a lesson resource examining factors that might...
The importance of remittances - and trouble ahead
A remittance is money sent home by migrant workers. In 2014, migrant workers sent home a whopping $580bn. Why are remittances so important, especially in LEDCs, and why are remittance flows in...
Globalisation and the Boeing 787
The Boeing 787 is a triumph of global engineering, using skills, expertise and materials from around the world. But when you look more closely at the complexity of its global supply chain, it's...
Is there any such thing as a national car brand?
Yesterday,the BBC posed the question "What makes a car German, American or Japanese? Is it where it is designed, where the parts are manufactured, or where those parts are assembled? Or is it where...
Flying to Berlin cheaper than a return train journey to London - market failure or market success?
You may have seen this story doing the rounds yesterday - a money saving blogger discovered that a flight from East Midlands airport to Stanstead via Berlin was cheaper (by about £7) than an...
Possible Regulatory Capture? OFGEM and Keeping Secrets
The concept of regulatory capture is a type of government failure where a regulator fails to protect the interests of the consumer and instead supports behaviour by the firms it regulates.
Uber's surge pricing and economic models
There have been a number of recent blog posts on the rise of Uber and whether its surge pricing benefits society. There are arguments for and against but an approach that uses the basic supply and...
Vietnam's Economic Reform Challenge
This BBC clip is interesting in looking at the different way of doing business in Vietnam - and the fact that much of Vietnam's corporate sector is still under state control. Vietnam is reforming...
Paul Ormerod: Are the Markets Telling the Truth?
The opening month of 2016 has been marked by sharp falls in asset prices, not just in financial markets but in commodities such as oil. The conventional wisdom is that the markets form a rational...
Teaching Labour Market Economics at A Level - Course Resource Pack
Labour market economics now takes a more prominent place in the teaching content of A Level Economics specifications. Delegates at our recent CPD course on Labour market economics were able to...
Will China intervene to prevent capital flight?
In this video piece, the FT looks at the possibility of China introducing capital controls to stop the flood of currency reserves out of the country. The collapse of the Chinese exchange rate has...
Growth Miracles and Growth Disasters
Marginal Revolution University produces some great material - although it might be a little bit 'American' by some. However, this short video clip looks at what causes divergent growth rates, with...
Collusion - Car Parts firms fined for price fixing
A relevant story here about collusion between some of the world's largest manufacturers of car parts. In this case, Mitsubishi Electronic and Hitachi have been found guilty of rigging the EU market...
Trip Advisor Reviews - Fixed and Variable Costs in Action!
A nice lesson in fixed and variable costs right here!
Economics Scattergories
Looking for something different to get your Economics students thinking? Try this version of the popular game as a starter or revision exercise - you can download the editable word file to suit!
Teaching Behavioural Economics at A Level - Course Resource Pack
Behavioural Economics is a fascinating new element for some A Level Economics specifications and delegates attending our recent CPD course had time to explore a wide range of new resources to...
Interactive Oil Supply Curves
Have you ever tried to plot a supply curve? Can you illustrate the positive relationship of higher prices stimulating a greater quantity supplied? Teachers or students covering this topic might...
Creative Destruction & TV Viewing
It won't be a surprise to many students that the relevance of the internet and its content is now becoming greater than TV (click here for an article on the change). It's a really good example of...
The economic impact of lower oil prices
Oversupply and excess stockpiles of oil is causing the price of oil to tumble, and leading to calls from OPEC for non-OPEC members to cooperate in order to maintain a higher oil price. Clearly this...