A2 MACROECONOMICS
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Economics revealed in an interesting, informative and accessible way - video, links, revision help and more.

Economics revealed in an interesting, informative and accessible way - video, links, revision help and more. | A2 MACROECONOMICS | Scoop.it
Website for students, teachers and anyone interested in Economics. Video and tutorials, economics blog with current information and data, links to great sites for help, revision tips, research and more.
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Say no to protectionism

Say no to protectionism | A2 MACROECONOMICS | Scoop.it

Current affairs, world politics, the arts and more from Britain's award-winning magazine


Via Neil Codd
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Neil Codd's curator insight, October 3, 2013 3:59 PM

An old article that has stuck in my mind. Yes there are losers from free trade but this means we should look after the losers rather than go for protectionism. After all the aggregate winnings will out weigh the losses. Why are US voters often pro protectionist? Perhaps because the USA lacks the social safety nets that help redistribute the gains from the winners (exporters and consumers)  to the losers.

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Inflation, unemployment and UK 'misery'

Inflation, unemployment and UK 'misery' | A2 MACROECONOMICS | Scoop.it

Via Neil Codd
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Neil Codd's curator insight, October 16, 2013 12:17 PM

" ...the prices of things we buy regularly and class as necessities have increased the fastest, while those we buy less frequently and could delay the purchase of have shown more restraint.

This, perhaps, gives the perception that inflation is higher than the official rate suggests"

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Globalisation – how globalised is the world? - Tutor2u

Globalisation – how globalised is the world? - Tutor2u | A2 MACROECONOMICS | Scoop.it
Increased cross-border flow of trade in goods and services, movement of people, flows of financial assets, hot money, and FDI flows. - The growth of labour ... Taxes on International Trade (percent of current revenue).

Via Martin Ward
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Taking Europe's pulse

Taking Europe's pulse | A2 MACROECONOMICS | Scoop.it
Our interactive overview of European GDP, debt and jobs Europe’s economies CurrencyEconomyGDP per personUnemploymentYouth unemploymentDebtPublic debtBudget...

Via Debbie Gordon
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Debbie Gordon's curator insight, May 20, 2013 1:18 PM

Perfect revision material for U6 Econ4...


Govt debt, bail outs and what macro ec policies can be taken to improve the flailing Euro recession...???

“whatever it takes” to save the single currency, the euro area remains mired in recession. Output declined by 0.2% in the first three months of 2013 from its level late last year, the sixth consecutive quarter of a recession that started in late 2011.

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Video: EU and US free-trade talks explained

Video: EU and US free-trade talks explained | A2 MACROECONOMICS | Scoop.it
The BBC's Stephen Evans explains why a free-trade agreement between the European Union and the US will be difficult to reach.
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Examples and Types of Protectionism

Examples and Types of Protectionism | A2 MACROECONOMICS | Scoop.it
Examples of modern day protectionism, including tariffs, non-tariff barriers, domestic subsidies. Including examples from EU, US, and Latin America.
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What is the World Trade Organisation? - Telegraph

What is the World Trade Organisation? - Telegraph | A2 MACROECONOMICS | Scoop.it

Brazil's Roberto Azevedo has beaten Mexican veteran Herminio Blanco in the race to become the new leader of the World Trade Organization, according to reports. Here, we take closer look at what the WTO does.


Via Phil Hensman
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sir linden's curator insight, February 9, 2014 8:06 AM

16) Globalisation - WTO

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Deflation: Can Japan win the war against deflation?

Deflation: Can Japan win the war against deflation? | A2 MACROECONOMICS | Scoop.it
The stakes are high from the Bank of Japan's unprecedented actions. If it works to end Japan's deflation, other nations and central banks will certainly be watching.

Via Matt Smith
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Matt Smith's curator insight, April 26, 2013 2:05 AM

Great article explaining the problems of Deflation in Japan.

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WTO agrees global trade agreement

WTO agrees global trade agreement | A2 MACROECONOMICS | Scoop.it
The World Trade Organization agrees a historic global deal aimed at boosting commerce, which could add nearly $1tn to the global economy.
sharon dolman's insight:

trade and globalisation-........... winners and losers ...... WTO

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UK economy: it's rebalancing - but not as we know it - Telegraph

UK economy: it's rebalancing - but not as we know it - Telegraph | A2 MACROECONOMICS | Scoop.it

We should not give up on the idea of the rebalancing of the UK economy. It has been happening – but not in the way policy-makers originally expected. Shift from manufacturing to services-led export recovery.


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AS Macro - Balance of Payments: Britain does not export enough - The Economist

AS Macro - Balance of Payments: Britain does not export enough - The Economist | A2 MACROECONOMICS | Scoop.it
WHEN ships arrive at Felixstowe after their seven-week voyage from Asia, they are laden with fridges, furniture, food and shoes. On the return journey, 60% of the...

Via Saint Martin's - Economics
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Open Europe blog: Would an 'independent' UK get a better US trade deal than the EU?

Open Europe blog: Would an 'independent' UK get a better US trade deal than the EU? | A2 MACROECONOMICS | Scoop.it

Via Neil Codd
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Neil Codd's curator insight, June 6, 2013 5:33 PM

A succinct summary of whether the UK would have better trade prospects or not outside the EU. Very helpful for A level essays.

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Those Depressing Germans

Those Depressing Germans | A2 MACROECONOMICS | Scoop.it
They are beggaring their neighbors, and the world, by running big trade surpluses.

Via Lucy Balazs, Neil Codd
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Neil Codd's curator insight, November 10, 2013 5:17 PM

Thanks Lucy, important for Year 13s, similar to essays last week and useful for euro lessons next week

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UK immigration: what if it stopped tomorrow?

UK immigration: what if it stopped tomorrow? | A2 MACROECONOMICS | Scoop.it

Yet another survey has revealed that the UK public is sceptical, at best, about immigration benefits. But what about the costs of halting it? We take a look at the data

In a poll of more than 20,000 Britons, 77% thought it would help the economy "if the government were to clamp down on immigration and dramatically reduce the numbers entering Britain". We find out if they're right by taking a look at what might happen if immigration were to stop altogether...


Via @AngloCatalans, Henrietta Currie, Neil Codd
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Henrietta Currie's curator insight, September 8, 2013 1:28 PM

Depending on the circumstances and the type of person immigrating, it can have a positive or negative affect on employment and wages in the UK.

Neil Codd's comment, September 24, 2013 3:34 PM
Great find Henrietta - thanks. So wages are higher for most except the bottom wage earners because of immigration and the fiscal position is unclear - depends who you ask. Great stats
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High inflation 'cost UK GDP £10bn'

High inflation 'cost UK GDP £10bn' | A2 MACROECONOMICS | Scoop.it
High inflation has cost the UK economy £10bn over the last three years, says an influential report, and has now become a "permanent fixture".

Via Debbie Gordon
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Debbie Gordon's curator insight, May 20, 2013 6:55 AM

impact of inflation....

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Poor 'hit by 25% living cost rise'

Poor 'hit by 25% living cost rise' | A2 MACROECONOMICS | Scoop.it
Living costs have risen 25% in the past five years and placed an "unprecedented" financial burden on the poor, a report has found.

Via Debbie Gordon
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A* Evaluation: How relevant is The WTO?

A* Evaluation: How relevant is The WTO? | A2 MACROECONOMICS | Scoop.it
THE World Trade Organisation’s general council will skip the plume of smoke when it chooses its new director-general in May. But what it would give for just a...
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A* Evaluation: It's trade or bust for Britain

A* Evaluation: It's trade or bust for Britain | A2 MACROECONOMICS | Scoop.it
Why the British government's ability to avoid a financial crisis depends on the British Chambers of Commerce being correct that there is a proper recovery under way in exports of UK goods and services...
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Protectionism: China launches EU wine dumping probe

Protectionism: China launches EU wine dumping probe | A2 MACROECONOMICS | Scoop.it
China launches an anti-dumping probe against wine imported from the European Union (EU), a day after EU levied duties on Chinese solar panels.
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Essential Reading: The Chinese balancing act

Essential Reading: The Chinese balancing act | A2 MACROECONOMICS | Scoop.it
China is seen as the factory of the world, but the biggest part of its economy is now services, not manufacturing.

Via Matt Smith
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Matt Smith's curator insight, May 13, 2013 9:35 AM

Remember China has the opposite rebalancing problem to the UK

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Best Paragraph Structure For A2 (Unit 4) Macro

Tips on exam technique for answering unit 4 Macro questions
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REALLY HELPFUL

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Eurozone youth unemployment reaches record high of 24.4%

Eurozone youth unemployment reaches record high of 24.4% | A2 MACROECONOMICS | Scoop.it
With 3.58 million under-25s in the euro area jobless in October, youth unemployment is a scar that shows little sign of healing

Via Steven Preece
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CITISPYCE's curator insight, February 27, 2014 7:27 AM

Devastating youth unemployment statistics reported in today's Guardian online article.

Park Jieun's curator insight, October 27, 2014 10:05 PM

European Countries are suffering from everlasting problem, youth unemployment. The rates are skyrocketing especially in the Southern Part of the Continent. The Youth has lost their way and their capacity is being wasted

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Autumn Statement 2013: UK growth depends on things that are out of George Osborne's control - Telegraph

Autumn Statement 2013: UK growth depends on things that are out of George Osborne's control - Telegraph | A2 MACROECONOMICS | Scoop.it
This was a responsible package from a Chancellor for whom the tide has turned

Via Graham Watson
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Graham Watson's curator insight, December 5, 2013 12:42 PM

Roger Bootle on the Autumn Statement: highlighting the fact that the prudence of the Chancellor and the uncertain external conditions mean that we shouldn't expect a rip-roaring recovery. Well, not just yet, anyway...