Tuesday, 30 April 2013

Has the UK economy turned the corner?

ONS data shows that Britain avoided recession with 0.3% GDP growth in the first quarter but do you think it's enough? See what the rest of the public think and place your vote on how confident you are the UK economy has turned the corner. Just follow the link.

Cineworld Competition Concerns

Cineworld takeover of Picturehouse investigated amid competition concerns. OFT refers takeover to the Competition Commission over fears some cinema goers may face higher ticket prices and reduced choice. How would this apply to some of the suppliers that AS PLC deal with? Also great for Economics of Work & Leisure - Cinema Industry. Take a look...

Austerity: Is the EU changing tact?

Has austerity become a dirty word? And more important than the language, has the policy changed? Check out this great article for A2 Economics Global to find out some more.

Thursday, 25 April 2013

Spain Unemployment Hits High

Spain's unemployment rate soared to a new record of 27.2% of the workforce in the first quarter of 2013, according to official figures which means 6 million people are out of work. What problems does this create?

AS Micro/Macro Exam Tips

An excellent selection of hints and tips for Economics students to help them prepare for the upcoming unit two exam or the re-sit of unit one. Take a look by following the link:

Baltic Ambition

Lativa looks likely to become the euro zone's 18th member next January. What advice can Latvia take from what Estonia have managed to achieve?

UK Avoids Triple Dip

The UK economy has avoided falling back into recession. The Office for National Statistics said its preliminary estimates for GDP, showed the economy grew by 0.3% in the first three months of the year.

Monday, 15 April 2013

Inflation Rise To 2.8%

UK inflation as measured by the Consumer Prices Index rose to 2.8% in February from 2.7%, thanks in part to rising energy prices. This article explains the consequences this may have on the economy and why inflation may be set to continue to rise.

Minimum Wage To Rise

Minimum wage to rise but 1% hike for young falls behind inflation which leaves Vince Cable defending lower 4p and 5p rise for under-21s as adult minimum wage increase by 12p an hour. What effect will this have on the economy/AD?

High Inflation Can Be Helpful

The high inflation plaguing the UK's economy is better than the alternative of higher unemployment, top Bank of England policymaker David Miles argued over the weekend.

Wednesday, 3 April 2013

Europe's Political Football of Austerity

The Champions League quarter final between Borussia Dortmund and Malaga is a metaphor for the economic and political fault lines of Europe. Can you think of what each club may represent? Find out more in this interesting article by following the link.

Seven Social Classes

People in the UK now fit into seven social classes, a major survey conducted by the BBC suggests. The traditional categories of working, middle and upper class are outdated, fitting 39% of people. This news will be interesting for marketing gurus who like to segment the market to target products.

Top Advice

Remember AS Economists to send over your top advice to share with other students about either revision or a key topic area. Create a quote then enter it at the following site & send it over.

Trade or Bust?

Tuesday's survey by the British Chambers of Commerce, which indicates that overseas sales of goods and services by UK companies may be recovering a bit faster than expected, matters a good deal. Find out more by checking out the article.