UK Economy Update: Inflation Rate Drops to 8.7%
New data released by the ONS finds that the annual rate of inflation in the UK economy has fallen from 10.1% in March 2023 to
10 Top Reads in Economics - Summer 2023
Here is a selection of top ten books for the summer of 2023. Some are new - including Linda Yueh's new book on the Great Crashes. Others stand the test of time. All I feel give context on cause and...
How inflation has hit your cheese sandwich options!
The Guardian focuses on the cost of living crisis via the medium of the cheese sandwich - comparing the rate of increase of various types of sandwich - from the bog standard, white bread and...
Argentina unveils 2,000 peso note - worth $4
The impact of inflation on the value of the Argentinian peso has been made clear as the country has unveiled a 2,000 peso note worth $8.50 at official exchange rates and $4 in the most commonly...
Economics Weekly Quiz | 19 May 2023
Here's our weekly economics news quiz.
Some of the latest data regarding the intersect between the labour market and health make for grim reading. Whilst the employment rate has risen to nearly 76%, there are still two and half million...
It looks like the Competition and Markets Authority (CMA) is interested in the pricing strategies of supermarkets as regards fuel and food. The term 'rocket and feather' pricing has been used to...
The latest IFS peek under the bonnet of the tax system has revealed the 'hidden' effects of fixing freezing tax thresholds and personal allowances. As a result of this, by 2027, 20% of the...
In this fifteen minute video we look at aspects of the fast-growing market for streamed video on demand, dominated by scaled businesses such as Netflix, Disney, Amazon, Hulu, Sky and others. The...
Economics Weekly Quiz | 12 May 2023
Here's our weekly economics news quiz.
UK Interest Rates Climb to 4.5% - Highest since 2008
Unsurprisingly, UK monetary policy interest rates have ticked upwards again, reaching 4.5% after today's Bank of England announcement. However, the Bank is also of the view that inflation is going...
Join me on Friday 12th May from 4.30pm for two live exam-focused revisions ahead of Paper 1 where we will explore the key topic of government failure followed by how best to use economic efficiency...
This new video provides some context on the economic, social and political crisis facing Rwanda - hopefully useful application for Economics students revising growth and development.
Ryanair and Economies of Scale
Might the Ryanair deal to buy up to 300 Boeing 737 Max-10s generate economies of scale? It is certainly a good applied example of monopsony power and internal growth of a business as the aviation...
To lend money to customers, businesses need to apply for and gain approval for a specific type of banking licence. This is an important example of a regulatory entry barrier. UK-based mobile...
Debunking myths about low emissions zones
This Guardian article looks at how congestion zones are misrepresented in the media and highlights four benefits of clean air zones that are often overlooked.
We're busy creating short (60 second) revision videos explaining key topics and concepts in A Level Economics! And Tik Tok has been added to our content platforms.
Globalisation - How Mexico is Becoming the New China
This Wendover Productions clip looks at how the US-China trade war started to change US trade patterns, and how the coronavirus and its effect upon global supply chains, and lately the Ukraine war...
Quick Revision Blasts on Market Structures
In these three quick revision blasts, we looked at sticky prices in the petrol retail oligopoly; contestability in parcel couriers and the controversial issue of price walking by insurance...