Interesting article

An interesting article by Stephanie Flanders, the BBC's economics editor, on unemployment and the Government's Plan B. Well worth a read!

• Article

Dress code madness?

Swiss Bank UBS issues FORTY FOUR page dress code!

Importance of infrastructure investment

Article on global infrastructure investment

More news from the world of business.....

• Unemployment rises again
• But it's down in Scotland

• Inflation rises to 3.3% in November
• VAT to hide price growth
• Inflation article

Interactive Supply & Demand

Interactive Supply & Demand

Articles from the weekend news

Chinese inflation hits 28-month high - interest rate rises to follow?

Useful revision material

The Phillips Curve - trade off between inflation and unemployment

Good piece of revision reading

Policies for controlling inflation

More articles of interest....

• UK interest rates held at 0.5%
• UK house prices fall in November
• German inflation hits 2 year high....but still well below UK
• UK trade deficit widens as imports rise

More interesting articles just for you...............

Increased demand for exports boosts UK manufacturing
Cold snap hits Christmas shopping
Oil prices hit new high

More interesting articles from todays news

1. The Fall and Rise of the UK Economy - interactive
2. Unemployment - interactive
3. Young and jobless

Interesting news articles from last few days

1. Family spending drops in 2009
2. Eurozone unemployment at 12 year high
3. UK to lose fewer public sector jobs than first predicted

Some more interesting Economics news articles

UK economic growth 0.8% in 3rd quarter

More interesting news.....

Irish defend corporation tax rate

Economy Tracker

Attached is a really good Economy Tracker from the BBC website. It graphically shows changes in Inflation, Jobs, Interest Rates and GDP in the UK economy. Well worth a look!

Economy Tracker

Interesting news articles

Very interesting article on Ireland's worsening economic situation.

The Republic of Ireland's finances

Interesting news articles

1. The human cost of the Irish crash
2. UK unemployment total sees slight fall
3. UK inflation rate in surprise October rise

Exam Technique Information

Below I have posted some hyperlinks which will take you to some good information on what is expected in your exams. Please speak to me if you need any more details or want to discuss anything:

General Principles

Section A - Structure of Assessment
Marking Principles - Section A
Common Mistakes - Section A

Section B - Structure of Assessment
Marking Principles - Section B
Common Mistakes - Section B

Millions at risk due to lack of water.

A new global analysis has shown that 80% of the worlds population live in areas where fresh water supply is not secure.

Full details

Supply - Extra Reading

Supply
Price Elasticity of Supply

Demand - Extra Reading

1. Demand
2. Price Elasticity of Demand
3. Cross Price Elasticity of Demand
4. Income Elasticity of Demand

UK boosted by increased overseas demand

Manufacturers in the UK have benefitted from increased demand from overseas. However, posivitive predictions of manufacturing output by the Engineering Employees Federation of 3.7% growth this year and 3.2% in 2011 has been tempered by fears that cutbacks in government spending could lead to less spending on schools, hospitals and social housing and lead to a double-dip recession.

Full Story

Equity, poverty and inequality

We started looking at this today in class but will finish it on Monday. Click on the link below for some extra notes.

Equity, poverty and inequality

Production Possibility Curves

I don't think we will start this this week but should you wish a bit of weekend reading, please feel free to click on the link below.

Production Possibility Curves

Food prices soar on back of wheat price increase

The UN Food and Agricultural Organization (FAO) says that world food prices have risen to their highest level in two years, partly as a result of a drought in Russia and government export restrictions which have led to a surge in the price of wheat.

Read the article below.

Wheat pushes world food prices up

Links to areas covered in next two days

On Thursday's lesson, we will be covering Economic Efficiency, Specialisation & Division of Labour and Productivity. I have attached some links to some pages which may be of help.

Economic Efficiency
Specialisation and Division of Labour
Productivity
Productivity (2)

We will be looking at Economic Systems on Friday and below is a link which may be useful for that lesson:

Economic Systems

The Future of the UK Economy?

I stumbled across this article about the possible future of the UK economy which makes for interesting reading in relation to the different Sectors of Activity - Primary, Secondary and Tertiary.

What might the UK economy look like in the future?

Mobility of Resources

During last weeks lessons, we looked at scarce resources, commonly referred to as the factors of production - land, labour, capital and enterprise.

In Monday's lesson, we will look at the mobility of these resources and I have attached an interesting article on the two types of factor immobility - geographical and occupational. Please feel free to read them and hopefully you find some relevant information.

Factor immobility - Tutor2u
Factor immobility - Tutor2u (2)

Opportunity Cost

Below I have attached a link which takes you to a really good article on Opportunity Cost - there is also a Podcast to listen to if you would prefer.

Opportunity Cost Notes