De-Globalisation: World economy on brink of ‘cold war two'
The Deputy Director of the IMF, Gita Gopinath, has suggested that a move away from globalisation and an economic Cold War based on US and Chinese power blocs has the potential to wipe trillions of...
In the News Teaching Activity – Unprecedented net migration into the UK (Dec 2023)
Ed Conway, Economics correspondent at Sky News, does a deep dive into the recent data showing high net migration figures.
West African Generating Project Energises Growth
This World Bank clip looks at the development of a massive electricity generating project in West Africa, with the building of an advanced electricity network spanning the region, linking a power...
Inequality in the UK - most disadvantaged in Britain are no better off than 15 years ago
This BBC report highlights a Centre for Social Justice Report that finds that there's a danger of inequality becoming entrenched in the United Kingdom. The most deprived areas struggle to find...
Economics Weekly Quiz | 08 December 2023
Here's this week's economics news quiz.
In the News Teaching Activity –Financial market failure that led to the Global Financial Crisis 2007-9 (Dec 2023)
Alistair Darling proved to be a calm Chancellor of the Exchequer during the storm of the Global Financial Crisis in 2007-9, an important event in economic history.
Olive Oil Prices Climb due to Summer Shortages
This BBC News clip looks at how a drought in Spain has affected olive harvests, and, by definition, the price of olive oil. It's classic demand and supply material, and there's lots of opportunity...
Economics and Business News Quiz for 2023
How good is your knowledge of some of the big Economics and Business New Stories during the year? Have a go at our Festive Kahoot Quiz! There are twenty questions to have a go at!
Edexcel A-Level Economics - Theme 2 Knowledge Organiser
Our free Theme 1 Knowledge Organisers have gone down a storm with over 500 downloads so far (link in the comments)...here's the first of two packs for Theme 2!
In the News Teaching Activity – Lack of competition in the baby milk formula market is adding to the cost-of-living crisis (Dec 2023)
The CEO of Iceland has highlighted the lack of competition in the baby formula market, arguing producers are exploiting those struggling in the cost-of-living crisis.
New push for debt relief to help developing world fund climate action
This Guardian article highlights a notable example of opportunity cost, with the news that developing economies spend twelve times as much servicing their debts as they do tackling climate change.
The UK Economy (Autumn / Winter 2023) Update Quiz
We have created a Kahoot quiz covering the content in our recent UK Economy Update video. This is great way for students to check and test their knowledge and understanding.
Artificial Intelligence and Dynamic Pricing
This article looks at how technology could allow for dynamic pricing, enabling supermarkets to reduce waste and charge the optimal price for their goods. As the piece notes: "dynamic pricing could...
Economics Weekly Quiz | 01 December 2023
Here's this week's economics news quiz.
In the News Teaching Activity – Autumn Statement tax cuts announced though households may not feel the benefits (Nov 2023)
Headline-grabbing reduction in employee national insurance contributions in the Autumn Statement, but a poor outlook for households’ real disposable income
CMA launches probe into prices of baby formula
The Competition and Markets Authority has been investigating supermarket pricing during the cost of living crisis, specifically with reference to ten categories of good and discovered that three...
Tragedy of the Commons - Over-harvesting hit Texas oysters
A good example here of the negative externalities of climate change and the problems associated with common access resources, with overfishing harming Texas oyster farmers. As a result, of the...
Charlie's Bar and the Power of Viral Marketing
Major retailers like Marks and Spencer and John Lewis spend millions on lavish Christmas advertising. But this year, they have been significantly outperformed by an emotionally impactful...
Government Intervention - Australia Bans Imported Disposable Vapes
Australia is banning the import of disposable vapes among a range of measures to tackle a perceived rise in vaping among young people. The other measures include stopping single-use vapes from...
UK interest rates likely to remain high for some time
More smoke signals from the Bank of England regarding the future direction of monetary policy, with the Governor, Andrew Bailey, signalling that there's little immediate prospect of a reduction in...