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Macroeconomic Profile for Mexico
Mexico is a fascinating country for students to look at as part of their studies in economic growth and development and macroeconomic policy. The country has an enviably low rate of unemployment...
OECD Review of the Greek Economy (2016)
The latest assessment of the Greek economy from the OECD has just been published. Those who are not of a squeamish disposition may want to click on this link! You can also look at the accompanying...
Macroeconomic Profile for South Korea
This is a three slide short profile of the macroeconomic and development performance of South Korea. The country has successfully achieved high income status and membership of the OECD.
Why have wages stagnated in many developed countries
Unemployment rates have seen a welcome fall in many developed countries as economies have recovered from the last recession. But for millions of people, the real value of pay packets has been flat...
The IMF under the spotlight
The International Monetary Fund (IMF) has played a prominent role in world financial affairs in the post-Second World War period. In the 1950s and 1960s, its main purpose was to support the system...
Zimbabwe's Nine Legal Tender Currencies
After the disastrous hyperinflation of recent years, the old Zimbabwean currency was abolished in 2009. Now there are nine different currencies accepted as legal tender on the streets. Will the...
Money in the modern economy
This introductory video from the Bank of England provides a useful introduction to the concept of money and its purpose in a modern, market economy.
Economic Crisis in Venezuela
The Venezuelan economy has the highest rate of inflation in the world and is in the midst of a severe economic and social crisis. This Storify curates resources for students wanting to understand...
Highest and Lowest Paid Cities in the UK
Here is a small slice of evidence highlighting the regional divide in standards of living in the UK. It will not come as a surprise that northern cities figure prominently in those with the lowest...
Profits Explained by the Financial Times
Jonathan Guthrie from the Financial Times explains how companies calculate their profit, what investors should be wary of and the different measures used to gauge how a business is really performing.
Innovation Clusters as Drivers of Innovation
This short video from the Economist is a tremendous resource to use when covering innovation clusters and agglomeration economies. There are now hundreds of innovation clusters around the world.
Student Essay: Evaluating Fiscal Austerity in the UK
Here is a really good example of a student essay that uses strong contextual evidence to build arguments on both sides of the fiscal austerity debate. First Year student Juhwan Sohn answered this...
Cartels: The Quebec Maple Syrup Cartel
Quebec has 7,500 mostly family-run farms – who produce 70% of world supply of maple syrup. Since 1990 producers have been required to hand over the bulk of what they produce to the Federation of...
Chinese Economic Reform - An Overview
These are pivotal times for the Chinese economy. Structural reforms of their institutions, labour and financial markets are high on the agenda of the Chinese government and many of them are seen as...
Market Failure and Behavioural Policies - Research Assignment
A seasonal hat tip to my colleagues in the economics department at school for this tremendous idea for a slightly different research project to promote independent learning and stronger evaluation...
A Eurosceptic View - Roger Bootle on the Trouble with Europe
Roger Bootle is a well-known economist with euro sceptic views on the future of the European Union. In this one hour lecture delivered at the University of Leeds in the spring of 2015, he outlines...
World Bank Video on the Internet Economy
The 2016 World Development Report focuses on the digital dividends from the rapid expansion of the web and associated technologies. This 3 minute video outlines some of the benefits of the internet...
Paul Ormerod: Are the Markets Telling the Truth?
The opening month of 2016 has been marked by sharp falls in asset prices, not just in financial markets but in commodities such as oil. The conventional wisdom is that the markets form a rational...
Growth Miracles and Growth Disasters
Marginal Revolution University produces some great material - although it might be a little bit 'American' by some. However, this short video clip looks at what causes divergent growth rates, with...
Inflation - Explained
This is a short introductory primer on inflation from the Guardian.