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Innovation: Mariana Mazzucato
A short two minute video featuring Professor Mariana Mazzucato on the importance of both horizontal, as well as vertical, government policies and investment for innovation led growth.
How banks make money: Lending spreads
The latest Bank of England Financial Stability report provides a super chart showing average interest rates on loans and savings deposits.
Banking Stress Tests: RBS remains the weakest link
As part of the revamped system of financial regulation introduced since the 2008 global financial crisis, the Bank of England subjects Britain’s leading commercial banks to regular stress tests.
Update on Trumponomics
We will be adding resources to this blog entry on the economic fall out from the election of Donald Trump as President.
The Pension Conundrum
Bob Denham and his team at Econ Films has produced a new short film on how changes in average life expectancy is affecting pension pay outs. Can public sector pensions continue to pay out?
What is GDP
The ONS has produced a new infographic on GDP which explains everything clearly and tracks some of the latest data. It is a good study primer for students and teachers.
Forward Guidance Triggers Behavioural Change
The Governor of the Bank of England, Mark Carney, was on good form last week when he appeared at the Treasury Committee of the House of Commons. Asked what “forward guidance” meant, he answered...
State of the UK Economy (November 2016)
This is a sixty-slide revision presentation on the state of the UK economy five months on from the June 23rd Brexit vote.
The Chinese are Coming - A Quick Thought Experiment
There are 103 Chinese businesses in the world’s top 500 (compared to 134 American and 22 British). As a quick thought experiment I give students two minutes to write down as many Chinese businesses...
How much does doing the chores add to UK GDP?
The ONS has attempted to value the non-traded sector of economic activity - housework and DIY - to the UK economy. It's value? More than £1 trillion per annum, equivalent to 56% of GDP, with women...
15 Charts on the UK Economy (October 2016)
I have put together a newly-updated 15-chart slide-deck on aspects of the UK economy.
Ten Charts on Business Economics
Here is a ten-chart presentation on aspects of business economics - something in here I hope that might prompt analysis and discussion especially among Year 2 micro students.
Ten Companies that dominate Global Brands!
An autumnal hat tip to James Bennett for spotting the latest version of the Oxfam brand poster - superb for deepening understanding of the power of brands in shaping consumer choices and the stiff...
Risks from prolonged low interest rates
Here is an excellent piece from economists at NIESR on some of the macro risks for advanced economies from the long phase of low, and in some cases, negative interest rates.
Free trade and politics as drawn by cartoonist KAL
A wonderful two minute video on the principle of free trade
Do mergers and takeovers raise prices rather than efficiency?
Super article to read on the impact of takeovers and mergers on economic efficiency and consumer welfare.
Why banks could disappear in 20 years
This short video report from Newsnight considers whether fin tech will provide enough creative destruction to challenge the commercial viability of the banking system we have grown up with over the...
Mapping Africa's Natural Resource Wealth
Here is an updated chart on the main natural resources for African countries - great when teaching resource traps, primary product dependency and related topics.
Bangladesh: A Path Toward Prosperity
A short (perhaps rose-tinted) video from the World Bank on the success of Bangladesh in improving growth and development outcomes. But useful as a primer for some of the strategies that - from the...
Competition rather than central bankers have kept inflation low
Tempers are fraying at the highest levels of economic policy making in the UK. Theresa May, at the Conservative Party conference, emphasised the “bad side effects” for savers of the Bank...