Category
Teaching activity
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
In the News Teaching Activity – inflation-busting increase in national minimum wage for 2024 (Nov 2023)
The government has announced a significant increase in the national minimum wage rates to take effect from April 2024.
IMF suggests Latin America could develop faster with more international trade openness (Nov 2023)
According to the IMF, Latin America can unlock its economic potential by boosting international trade through improved infrastructure and better development strategies.
In the News Teaching Activity – China’s economy experiences deflation in October (Nov 2023)
While the UK struggles with a cost-of-living crisis and inflation above target, the Chinese price level has started to fall.
In the News Teaching Activity – Lessons from Scotland’s cap on rent increases (Nov 2023)
Scotland introduced a maximum annual rent rise of 3% in September 2022 to solve the issue of rising rents during the cost-of-living crisis, but the outcomes have not been as beneficial as hoped.
In the News Teaching Activity: British Steel Plans To Decarbonise Plant Putting Jobs at Risk (Nov 2023)
British Steel's shift to electric furnaces risks jobs, sparks concern over UK steel independence, but should help with decarbonisation. Have a go at this free teaching activity, which includes a...
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.
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%.
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...
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,...
The EU Tax Observatory have suggested that billionaires should face a minimum tax rate to reduce inequality. Have a go at this free teaching activity, which includes a downloadable worksheet and...
In the News Teaching Activity: The Market for British Apples (Oct 2023)
According to the British Apples & Pears website, in 2023 an apple a day keeps the doctor away, but costs for suppliers have risen. Have a go at this free teaching activity, which includes a...
In the News Teaching Activity: South Korea Agrees To Extend Free Trade With the UK (Oct 2023)
Britain and South Korea extend low or zero tariffs on their bilateral trade of products with parts from the European Union avoiding high tariffs on British businesses under so-called rules of...
In the News Teaching Activity: Claudia Goldin Awarded Economics Nobel for Work on Women’s Pay (Oct 2023)
Professor Claudia Goldin’s research has ‘advanced our understanding of women’s labour market outcomes.’ She is the third women to win the Nobel Prize for Economics. Have a go at this free teaching...
In the News Teaching Activity: IMF Predicts That UK Economy Will Have Highest Inflation and Slowest Growth in the G7 in 2024 (Oct 2023)
The IMF forecasts that the UK’s growth rate for 2024 will be just 0.6%, in part, because higher interest rates are needed to reduce UK inflation. The UK government believes this is too pessimistic...
In the News Teaching Activity – the CMA investigates the UK’s cloud computing market (Oct 2023)
The UK's cloud computing market is under scrutiny for being dominated by Amazon and Microsoft.
In the News Teaching Activity: The UK’s Poor Public Sector Investment Record (Oct 2023)
Inconsistent and fluctuating public sector investment, such as the recent cancellation of Birmingham-Manchester HS2, is contributing to the UK’s poor investment performance. Have a go at this free...
Scientists have found evidence that 23m people in the world are living on ‘contaminated’ flood plains due to metal-mining pollution. Have a go at this free teaching activity, which includes a...
The Institute of Fiscal Studies predicts the UK tax burden will increase to about 37% of national income by 2024 and anticipates it is unlikely to come down anytime soon. Have a go at this free...
In the News Teaching Activity: Dynamic Pricing at the Slug and Lettuce (Sept 2023)
Slug and Lettuce pub group plans to charge more for pints at busier times. Have a go at this free teaching activity, which includes a downloadable worksheet and suggested answers.