Thursday 30 September 2010

The Economics of Water Shortages


Class - this article reflects some of the issues discussed in the film I watched on Tuesday. It could make an interesting dissertation topic.




Wednesday 29 September 2010

MPC Member Call for Further QE


Calls for further QE in order to avoid stagnation.


New EU Sanctions to Punish Deficit Rebels


The European Commission is plannining to unveil its new plans to fine countries that run large budget deficits which pose a threat to the Euro.
We will be covering this in class so I advise you to read the article...

Tuesday 28 September 2010

The IMF Supports the UK's Fiscal Austerity Plans


"The UK economy is on the mend. Economic recovery is under way, unemployment has stabilised, and finacial sector health has improved", the IMF said.


Consumers told to Spend, Spend, Spend!


Hmmm, perhaps this advice would be easier to follow if we were all richer.


Read the article yourselves to decide whether this is the right way to invigorate our economy...

Friday 24 September 2010

Gordon Brown: The US and the UK must coordinate economic policy


Gordon Brown has warned that the UK and the US risk a decade of high unemployment and low growth unless new policies are implemented to improve cooperation and coordination.

The Road to Recovery 2010


This is an excellent resource which covers many aspects of the UK economy which we will be studying this year.


Follow the link to find out more about how the UK economy is recovering from the recession.

Thursday 23 September 2010

Hysteresis in the US Economy


An interesting article which demonstrates this new key term - hysteresis.


Some workers in the US will be left out of the labour market permanently despite economic recovery.


The LITMUS Test


Leading thinkers from across the political spectrum address 6 key questions facing Britain today.


Is Vince Cable a Cryto-Marxist?




BoE May Extend QE


The move to restart the QE programme will have a large impact on gilts.


This is an important issue for AH Economists to be aware of.




Wednesday 22 September 2010

Background Reading for Oxbridge Applicants


You may need to know your Say from your Sen!


Target 2.0


This is a very uselful link to all sort of invaluable information required for the Target 2.0 competition and general monetary policy awareness.


Ireland Bond Sales Goes Ahead Despite Concerns


Ireland managed to dispell rumours that it was vulnerable to a Greek style bond crisis by selling 1.5bn Euros worth of government bonds.

It will come at a price though as interest rates attached the bonds were as high as 6%.

We will be covering such issues in class, read more here to be ahead of the game!

Which Sectors are Fuelling Growth in the UK Economy?


The CBI preodicts that the UK economy will grow at 2% next year.


It appears that manufacturing is leading the way.


This complementary article discussing how vulnerable our growth is is also useful.

Tuesday 21 September 2010

Britain Keeps AAA Rating


We are being rewarded for our austerity measures!


Mapping Out The Recession


Are we a round, square or diamond shaped recession?


This article contains some very useful macroeconomic date. Read more here...

Friday 17 September 2010

Bulls, Bears -and the Double-dip Recession


Opinions are polarised over the liklihood of a double-dip recession.


Good as Gold


Gold prices rise in response to new fears about the state of the global economy.




China Leads the Way Economically...


... but will it ever lead to world?


This is one of many article written about the Chinese economy in advance of David Cameron's first official visit.


Wednesday 15 September 2010

What Should People Get Paid


You decide... then see how it compares to actual salaries.


The Bottom Billion




Up-to-date information about the world's poorest economies can be found by following this link to an excellent Guardian newspaper article

Monday 13 September 2010

Eurozone Growth Figures Revised Upwards


Growth figures for UK up in response.


Royal Mail to be Privatised


The UK Government will go ahead with the sale of Royal Mail.


Global Bankers Agree New 7% Capital Reserve Rules


Bankers have agreed upon the new set of rules designed to prevent a repeat of the financial crisis.


Friday 10 September 2010

Essay Competition


Prizes include a 16GB Apple iPad or a mini laptop computer.


OECD Cautious over Cuts as Global Slowdown Continues

A leading think tank warns the UK Coalition Government against fiscal austerity measures and advises G7 against rate increases.

Read more...

Robert Chote Called in to Restore the Office for Budget Responsibility's Credibility


The former director of the IFS will take over as Chairman of the OBR.


Thursday 9 September 2010

The Importance of Labour market Flexibility


Spain has to learn from its mistakes and proposed changes to labour market laws.


New Bank Cash Ratio 'to be Set at 7%'


Banks will now have to have $7 in their valuts for every $100 in customer's accounts.


The current ratio is only 2%.


This new rule is still to be ratified by G20 members.


Uk Interest Rates Remain at a Record Low for 18th Month


The Bank of England has kept interest rates at a record low of 0.5% for 18 consecutive months.

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Wednesday 8 September 2010

Tuesday 7 September 2010

China May Yet Be Able to Create Another Economics Miracle


720m people in the rural sector may soon be given far greater access to cash than they have had access to before.


Not only will this drive the Chinese economy forward again but it may help rebalance an economy heavily dependent on exports.


Friday 3 September 2010

Further Threat of a Double-Dip Recession


This time it is the downturn in the services sector which is currently experiencing its slowest growth since 2009 that is fuelling concerns of a double-dip recession.


Thursday 2 September 2010

Minimum Pricing of Alcohol


The Scottish Government has said that alcohol should be sold at a minimum price of 45p per unit.


In some cases this would treble the price of alcoholic drinks.


1% Growth in the Eurozone


German growth helps steerthe Eurozone economies forward last quarter.


Wheat Pushes World Prices Up


An external headwind which could cause further problems for inflation targeting.


Wednesday 1 September 2010