Sunday, March 29, 2009

G20 protests start



As world leaders prepare to meet in London for the G20 summit thousands took to the streets in protest. More in the links below. http://www.socialistworker.co.uk/

Friday, March 27, 2009

House rents and price elasticity

Read the following article about house rents in the UK. Based on the information in the article explain the changes taking place in the rented housing sector and illustrate your answer with a diagram. Assess the casues and the effects of the decrease in rents.
http://news.bbc.co.uk/2/hi/business/7963271.stm

Wednesday, March 25, 2009

Essay question for year 13 Economics

2. a) The value of world trade has been growing at a faster rate than world GDP. Assess the factors which might explain this trend. (40 marks)

b) Evaluate the disadvantages of further trade liberalisation to the UK or to a country of your choise. (60 marks)

Deadline: Monday 30th March

Monday, March 23, 2009

Consumer Price Index updated


http://www.statistics.gov.uk/articles/nojournal/CPI-Basket-of-Goods-2009.pdf

As it is every year the basket of goods and services used to compile the inflation indexes has been updated to reflect changes in spending patterns. The two links above give more details.

Saturday, March 21, 2009

Alternative views to G8


As the G20 prepares to meet in London on 2nd April as well as disgreements between the governments meeting other voices are being raised in protest.

Tuesday, March 10, 2009

G20 London Summit


The G20 meets in London in on 2nd April amid the the worsening global recession. Will these leading nations reach agreement to prevent the world sinking into depression. The BBC has extensive background on the G20 as the the G20 web-site.

Monday, March 9, 2009

Victor Chu at Davos

Victor Chu, CEO of First Eastern Investment Group, has said that deceleration in the Chinese economy will get worse before it gets better. This interview from the World Economic Forum in Davos, Switzerland.

http://news.bbc.co.uk/2/hi/business/davos/7862884.stm

Robert Peston interviews Chen Deming

The BBC's economic editor, Robert Peston, interviews China's Commerce Minister, Chen Deming.

http://news.bbc.co.uk/2/hi/business/7916580.stm