Christmas 2010

you have one MCQ paper for Econ 1 + Econ 2 to review concepts studied so far and look forward to concepts coming up

use the guide to get to know resources available for revision purposes

check out key term:
externalities

government spending

nhs reform (ft)

Economics at the movies

For each of the following clips

name of film/ year/ relevant economic concept

merit goods

nhs at 60

bbc health page

NHS choices

bbc education page

Public goods

T2U blog posts

The mirage of public goods

T2U presentation

markets and efficiency

presentation on markets and resource allocation

efficiency review (pdf)

Sab global brewer and economies of scale and scope

food prices

st john,s college essay competition

2000-4000 words details on link below:

st johns competition

oil market and biofuel

ft oil homepage

OIL! from Design Factory Intl. on Vimeo.

oil stocks fall (ft)

world oil market 2009 + pdf

landscape of oil

cheap oil over bbc 2009



us farm support

the great biofuel debate (new statesman)

bioenergy and food prices

Food prices

r4

eiu video and questions

hard talk speculation and food prices (23 mins)

alcohol most harmful drug

alcohol effects (bbc)

effects of alcohol

Demand and supply macro apps

http://www.project-syndicate.org/commentary/delong106/English

airline industry

t2u blog entries

copper prices

t2u notes

stocks revision note and powerpoint

commodity prices revision

housing market

t2u presentation + pdf

housing slump in charts

flash presentation on housing from t2u (up to 2004)

oil prices

world food price index 2009

world food price index

car scrappage scheme 2009

bbc news winners and losers

US Housing Market 2006 Krugman

change in price v change in other factor

Oil prices and OPEC

Chart

ft in depth oil

price not always rational

demand and supply videos

wheat prices

t2u investigates wheat prices pdf + streamed

ft interactive

wheat prices bbc

wheat prices and biofuel guardian

commodity futures explained (fao)

wheat prices bbc 22/09/2010

the economic problem - review resources

all the resources below cover the first section of the specification dealt with in weeks 1 through 3:

quizes and worksheets
online test - introduction to microeconomics (t2u)

intro opportunity cost worksheet

production possibility frontier: worksheet / answers

video and flash resources:
pja holden - opportunity cost

pja holden - video ppc

the short run ppc (flash)


economic syestems material:

economic freedom index 2010

commanding heights website

the road to serfdom - hayek

newsnight north korea (video 15 mins)

introduction to economics

why study economics

nyt article (14.10)

ppf and opportunity cost

intro worksheet

worksheet

answers

what is gdp?

working lunch video

article bbc

china's housing market

chinas housing market (wsj)

econ 2 exam presentation

t2u presentation

econ 2 - revision points

in preparing for econ 2 find a list of key macro revison presentations here

more details in each of the areas below:

fiscal policy

unemployment + cyclical unemplyment

supply side policies

balance of payments

x-rates

trade and protectionism

krugman @ lse

Geoff Riley is correct in suggesting listening to Paul Krugman, one of the disenting voices in the run up to the credit crunch - find the approriate links and Geoffs summary of his main points here

it is particularly useful in reviewing terms such as Paradox of Thift and Liquidity Trap which slipping from the economists lexicon until the recent recession

t2u has a list of guidence points on the part d essay here

command economies - n korea

video

transport and congestion

changing work patterns (bbc 3/10)

cbi transport news - report on congestion

climate change

climate change presentation

imf sildeshow on macro implications of climate change

demerit goods alcohol

1) ban prohibition

2)licensing laws + changing attitudes

24 hour drinking one year on (bbc 11/06)

impact of changes (bbc 11/06)

law change not changing habits (bbc 11/06)

alcohol attitudes in europe (bbc 11/07)

3) marketing and advertising

booze marketing ban (bbc 09/09)

the power of marketing (bbc 09/09)

4) minimum prices

alcohol minimum price (bbc 03/09) at a glance

eu ruling on minimum prices (smoking) ft 05/03/10

5) taxes

finlands u turn on alcohol tax (bbc 02/09)

alcohol tax rise (bbc 10/07)

impact of tax rises (guardian 03/08)

prices do not cut drinking (bbc jan 06)

6) legisaltion on age

call to raise drinking age to 21 (bbc 03/07)

7) state run monopoly

3 countries compared (bbc 11/05)

8) education and information

is state advertising effective (c4 june 2010)

Alcohol Know Your Limits Advert. - Click here for another funny movie.

nhs standards

nhs waiting times

news results - stafford hospital (google)

nhs homepage

the nhs (bbc archive)

problem 20 years in (bbc archive)

nhs news (bbc)

exterality - global issues

obesity

tobacco

healthcare

climate change and gloabl warming

environmental issues

http://www.globalissues.org/video

positive externalities

presentation (t2u) handout (pdf)

RES Essay Competition 2010

The 2010 Royal Economic Society essay competition for young economists is now launched. Last year more than two hundred schools and colleges from across the UK and beyond submitted entries from their students and we are hoping that this year’s competition will prove equally popular. For the competition this year students can choose from one of five essay questions (shown below). The deadline for submitting entries is midnight (2400 hrs) on Monday 17th May.
Please go to
http://tutor2u.net/

for further details about the competition, details of how to upload entries and some advice on the word limit and other guidelines for entrants.

Here are the five essay titles for 2010 which provide plenty for students to research and write about both at a micro and macroeconomic level.
1. What are the best economic policies to curb alcohol consumption?
2. The pursuit of lower income inequality is irrational and counterproductive. Discuss.
3. Foreign aid hinders development. Discuss.
4. Would the world economy function better with a single global currency?
5. How do we prevent house price bubbles in the future?
Here is the link to the online application process

https://tutor2u.wufoo.com/forms/res-young-economist-of-the-year-2010/


The judging panel meets in late June and we currently expect to announce the results of the 2010 competition in late July/early August. Details of the final shortlist will be published by tutor2u once they are available.

demand and supply case study

price and non price solutions to gas (petrol) prices during hurrican katrina

environment and market failure

climate change presentation (t2u) handout (pdf)

tu2 blog posts related to externalities

environmental performance graphic (the times )

carbon trading revision note

carbon trading presentation (t2u) + pdf




house of commons investigation into carbon trading

tragedy of the commons and sustainable development

t2u links

IMF blog climate change

green growth + development

economics of climate change

slideshow climate and macro

pricing

pay what you want - bbc feb 2010

specialisation and the division of labour

wealth of nations in cartoons

housing market resources

housing revision presentation (tutor2u) housing handout

housing shortages (feb 2010)

ft housing market homepage

housing market (independent july 2009)

social housing (report)

the housing slump in charts (dec 2008)

negative equity

first time buyer (bbc aug 2008)

job losses (bbc july 2008)

immigration and the housing market

prices down rents up

question:

housing question

mark scheme

state or market

monopoly resources

supermarket investigation

supermarket graphic

public goods

presentation (t2u) handout (pdf)

Monopoly /oligopoly - chocolates

guardian graphic on chocolate market

National Minimum Wage

HM Revenue and Customs

Directgov

DTI NMW Enorcement Document

minimum wage support group

traffic

why is traffic so bad on mondays (ft)

commodity prices and recovery

imf article on commodity prices