Key Terms in the EdExcel Economics Papers for 2024
We have put together a glossary of the key economics terms used in EdExcel Papers 1 to 3 for June 2024. As part of revision, it is a great idea to check through them and consider if you are...
Economics Weekly Quiz | 18 October 2024
Here's this week economics news quiz! The quiz has 8 multi-choice questions about news events relating to economics from the previous 7 days. Most of the questions relate to the UK economy but some...
Data Starter: UK unemployment rate since 1971
Trend in UK unemployment 1971-2024
In an ambitious leap toward renewable energy, Tesco, one of the UK’s leading supermarket chains, has signed a deal to source two-thirds of the electricity generated by the upcoming Cleve Hill solar...
In the News Teaching Activity – the government plans to improve workers’ rights (Oct 2024)
The government is planning to upgrade workers’ rights, but businesses are concerned about how their costs may rise.
Bank of England Eyes Interest Cuts as Inflation Hits Three-Year Low
In a twist for the UK economy, inflation has dipped to a surprising 1.7% in the year to September, the lowest in over three years and below the Bank of England's (BoE) 2% target. This unexpected...
Data Starter: World Economy in 2022
Which countries contributed the most to world GDP in 2022?
Gaming Taxes and the UK Economy: What’s the Cost of Raising the Stakes?
The UK government is eyeing a significant tax hike on gambling, hoping to raise as much as £3.4 billion annually by 2030 by doubling taxes on "higher harm" gambling products. According to proposals...
Today's Guardian editorial highlights the fact that the European electric vehicle market doesn't seem to be getting the appropriate support. Governments haven't been investing enough and have...
How Institutions Shape Wealth: Lessons from the 2024 Nobel Prize Winners in Economics
How do institutions shape prosperity? This year’s Nobel Prize in Economics, awarded to Daron Acemoglu, Simon Johnson, and James A. Robinson, addresses this critical question with a fascinating take...
In the News Teaching Activity – will the Chancellor relax fiscal rules to invest? (Oct 2024)
Speculation about what the new Chancellor will include in her first budget has been increasing.
From Empty Shops to Active Spaces: The Rise of Independent Gyms on the UK High Street
Here is a great example of entrepreneurialism sparking an increase in market contestability. The UK’s high streets are witnessing a fresh wave of activity, but this time it’s not the latest fashion...
Economics A-Level Teacher Livestream | Supporting Exam-skill Development in Students
Do join the tutor2u team as we deliver our third free live-streamed teacher CPD for A-Level Economics tomorrow (15 October) at 6.30pm.
Economics Weekly Quiz | 11 October 2024
Here's this week economics news quiz! The quiz has 8 multi-choice questions about news events relating to economics from the previous 7 days. Most of the questions relate to the UK economy but some...
Data Starter: Global lithium reserves 2023
Which countries have the largest share of global lithium reserves?
The Impacts of a Cold, Wet Year on UK Farmers and Wine Producers
A good example here of the impact of weather and climate on the UK farming industry. The weather has dealt a tough hand to British farmers this year, as record-breaking rain and unseasonably cold...
Could an extra Tobacco Tax Revolutionise UK Public Health Funding?
In a bold bid to improve the health of the nation and cut down smoking-related costs, public health advocates and charity groups are calling on UK Chancellor Rachel Reeves to introduce new taxes on...
In the News Teaching Activity – the UK’s last coal-fired power station shuts (Oct 2024)
The UK has become the first G7 nation to end the use of coal-fired power.
Trade wars - China retaliates with brandy tax on EU exporters
A lovely case of retaliation here in the ongoing EU-China trade war with the Chinese imposing tariffs on EU brandy exports. In addition, as the article notes, "China is also considering new tariffs...