Externalities - Economics of Nuisance Tourism
This article highlights the negative externalities associated with so-called nuisance tourism in Amsterdam and the effects of a campaign conducted by the city's authorities that has reduced the...
Contestability - Why Aldi Is a Threat to Supermarkets
The Wall Street Journal has looked at the rise of Aldi in the US, highlighting the ways that the German discounter has become the fastest growing chain.
Economics Weekly Quiz | 10 November 2023
Here's this week's economics news quiz.
Who is making money in the Creator Economy?
The Financial Times looks at the economics of the Creator Economy - a sector valued at some $250bn by Goldman Sachs. To what extent is the industry becoming monopolised by a small handful of...
Globalisation Is Fracturing. So What Comes Next?
This eight minute video from Bloomberg News is ideal support for teachers and students covering Globalisation and indeed de-globalisation as part of their Year 13 Macroeconomics. It introduces us...
We make 50 billion shoes per year, and nearly all of them end up in landfill. This Business Insider clip looks at the recyclability of sports shoes, and the difficulties in doing this.
Economics Strong Foundations Live!
We're all set for our upcoming A-Level Economics workshops later this month. Here are the full details!
In the News Teaching Activity – Sainsbury confident of a profitable Christmas (Nov 2023)
Sainsburys believe they are winning back some market share from the discount supermarkets and are anticipating a good Christmas for profits.
Edexcel A-Level Economics - Theme 1 Knowledge Organiser
Here's a link to a set of two knowledge organisers for Theme 1 for Edexcel A-Level Economics (A). The first covers topics from the basic economic problem through to demand and supply. The second...
WeCrashed - WeWork Files for Chapter 11 Bankruptcy
Big business news today! WeWork has filed for Chapter 11 Bankruptcy in the USA to help it deal with a mountain of debt. WeWork expanded rapidly post 2010 and spent billions acquiring leases on...
Economic inactivity - Mothers quit work because of childcare
The Fawcett Society has reported that the costs of childcare are a major deterrent to women returning to the workforce, with their data suggesting that around a quarter of a million women have left...
In the News Teaching Activity – BoE warns against early interest rate cut (Nov 2023)
The Bank of England is expecting a stagnant economy over the next year but is keeping its base rate at 5.25% to squeeze the inflation rate back down towards its target of 2%.
Monopsony Power - Boohoo's Broken Promises
If you are studying the economics of ethical business models and the consequences of monopsony power in labour and product markets, the criticisms of Boohoo are deep-rooted and hugely important....
India’s Obesity Time Bomb
The negative externalities of obesity are increasingly a global problem, and this Bloomberg clip looks at how its affecting the Indian economy, where 1 in 4 Indians are now overweight or obese.
Trade and Specialisation: Play ConnectTrade
If you enjoy connections, wordle, & tradle, then you will probably like the latest OEC game: ConnectTrade. Can you connect four countries and the four products that make up some of their key...
Poverty and Destitution in the UK - New Research from the JRF
This Joseph Rowntree Foundation clip looks at how far Universal Credit stretches for low income families, noting that for many of them, it doesn't even cover the cost of essential items. And that...
Maersk cuts 10,000 jobs as shipping demand falls
Lots of lovely economics in this BBC piece: demand and supply, to explain the recent collapse in the price of shipping; derived demand, in that the demand for shipping is derived from the demand...
City of Edinburgh Declares Housing Emergency
The City of Edinburgh has declared a housing emergency. There are record homelessness figures along with a severe shortage of social rented homes and spiralling private rental costs. Some also...
Economics Weekly Quiz | 03 November 2023
Here's this week's economics news quiz.
In the News Teaching Activity: Buses Get £150M Boost After HS2 Cancellation (Nov 2023)
The government has redirected some funds from the cancelled HS2 into support for bus services including an extension of the £2 cap on bus fares to 2023. Have a go at this free teaching activity,...