OCR Economics F581
168 views | +0 today
Follow
Your new post is loading...
Your new post is loading...
Scooped by TAHSBus_Econ
Scoop.it!

Banksy Mural On Gas Station Wall Fetches $209k

Banksy Mural On Gas Station Wall Fetches $209k | OCR Economics F581 | Scoop.it
Y12 Econ Comm: Price elasticity of supply? Diagram? PED? XED? The three-ton work was the highlight of a sale of 100 works by 33 street artists at Julien's Auctions in Beverly Hills.
more...
No comment yet.
Scooped by TAHSBus_Econ
Scoop.it!

Supply & Demand

Y12 Econ: Here is an explanation of micro diagrams! Make sure you know what diagrams to use in which questions.
more...
No comment yet.
Scooped by TAHSBus_Econ
Scoop.it!

Carbon Credit Scams: Regulator Warns Public

Carbon Credit Scams: Regulator Warns Public | OCR Economics F581 | Scoop.it
Econ1: Market failure? Diagram? Pollution permits? More than a dozen companies that "preyed on older people" through carbon credit scams have been shut by the industry's regulator.
more...
No comment yet.
Scooped by TAHSBus_Econ
Scoop.it!

Treasure Hunt At Palace After Guru's Dream

Treasure Hunt At Palace After Guru's Dream | OCR Economics F581 | Scoop.it
Y12 Econ: How will this influence the market for Gold? Price up? Down? Supply? Demand? Digging begins at a disused Indian palace after a holy man tells government officials 1,000 tonnes of gold are buried underneath.
more...
No comment yet.
Scooped by TAHSBus_Econ
Scoop.it!

Lobster fishermen's 'problem of plenty'

Lobster fishermen's 'problem of plenty' | OCR Economics F581 | Scoop.it
Y12 Econ: Excess supply? What happens next? For those who harvest the seas, a big catch is usually welcomed, but the abundance of lobsters in Maine in the US has seen the price of the shellfish plummet.
more...
No comment yet.
Scooped by TAHSBus_Econ
Scoop.it!

Help To Buy Scheme: First Rates Are Revealed

Help To Buy Scheme: First Rates Are Revealed | OCR Economics F581 | Scoop.it
Y12 Econ Commentary. Supply of houses? Demand for houses? Diagram? What is happening? Why? Good? Bad? The first banks to offer Help to Buy mortgages expect a huge number of enquiries but insist there will be no reckless lending.
more...
No comment yet.
Scooped by TAHSBus_Econ
Scoop.it!

How to ace OCR Economics F581 - PPC, Consumer:producer surplus and 6-8 mark questions

Good revision for year 12s! Quick guide put together to help with diagrams and those 6-8 mark questions. Generally, questions over 6 marks will ask you to evaluate. In this instance y...
more...
No comment yet.
Scooped by TAHSBus_Econ
Scoop.it!

'A high-visibility deterrent'

'A high-visibility deterrent' | OCR Economics F581 | Scoop.it
Regulation to correct a failing market? Pros? Cons? Alternative action? The head of parking at Liverpool City Council has defended the use of mobile CCTV vans, saying that they act as a "high-visibility deterrent".
more...
No comment yet.
Scooped by TAHSBus_Econ
Scoop.it!

HS2 to boost UK by '£15bn a year'

HS2 to boost UK by '£15bn a year' | OCR Economics F581 | Scoop.it
Opportunity cost? What else could we use the cash on? Pay rise for teachers of Economics? A new report claims the HS2 rail line will benefit the economy by £15bn a year, the government continues to outline the case for the project.
more...
No comment yet.
Scooped by TAHSBus_Econ
Scoop.it!

Benefits of costly HS2 'dwindling'

Benefits of costly HS2 'dwindling' | OCR Economics F581 | Scoop.it
The estimated benefits of the planned HS2 high-speed rail link are dwindling as costs rise, a group of MPs has said.
TAHSBus_Econ's insight:

Opportunity cost? Externalities? Positive? Negative?

more...
No comment yet.
Scooped by TAHSBus_Econ
Scoop.it!

Balcombe Fracking Operations Suspended

Balcombe Fracking Operations Suspended | OCR Economics F581 | Scoop.it
Externalities? Positive? Negative? Social costs? Private costs? Diagram? Drilling firm Cuadrilla announces a revised planning application for oil exploration that will not include hydraulic fracturing.
more...
No comment yet.
Scooped by TAHSBus_Econ
Scoop.it!

EU May Order Speed-Limiters Fitted To UK Cars

EU May Order Speed-Limiters Fitted To UK Cars | OCR Economics F581 | Scoop.it
Regulation to fix a failing market? Advantages? Disadvantages? Alternative option? Decision? Cars in Britain will be able to drive faster than 70mph if EU plans for new road safety rules come into force.
more...
No comment yet.
Scooped by TAHSBus_Econ
Scoop.it!

Countryside Fears Over Solar Energy Growth

Countryside Fears Over Solar Energy Growth | OCR Economics F581 | Scoop.it
Externalities? Positive? Negative? Opportunity cost? Diagram? COMMENT? Campaigners criticise the "industrialisation" of the countryside but developers of solar farms say they need to be built there.
more...
No comment yet.
Scooped by TAHSBus_Econ
Scoop.it!

Dylan's Electric Guitar Sets Auction Record

Dylan's Electric Guitar Sets Auction Record | OCR Economics F581 | Scoop.it
Y12 Econ Comm: Supply? Demand? Elasticity? Diagram? The iconic instrument Bob Dylan used at the 1965 Newport Folk Festival has sold at Christie's for a record $965,000.
more...
No comment yet.
Scooped by TAHSBus_Econ
Scoop.it!

Pink Star Diamond Sells For Record Price

Pink Star Diamond Sells For Record Price | OCR Economics F581 | Scoop.it
Why such a high price? Supply? Demand? Elasticity? Diagram? The auction of the flawless 59.60-carat pink diamond smashes the world record for a gemstone sale.
more...
No comment yet.
Scooped by TAHSBus_Econ
Scoop.it!

Grand Theft Auto V Wins Game Of The Year

Grand Theft Auto V Wins Game Of The Year | OCR Economics F581 | Scoop.it
F291: adding even more value!? Record-breaking video game is honoured at the Golden Joystick Awards.
more...
No comment yet.
Scooped by TAHSBus_Econ
Scoop.it!

Oil Forecast: Instability To Keep Prices High

Oil Forecast: Instability To Keep Prices High | OCR Economics F581 | Scoop.it
Y12 Econ Comm: Demand? Supply? Diagram? Good? Bad? The International Energy Authority says despite a fracking revolution, oil prices will remain high due to regional upheaval.
more...
No comment yet.
Scooped by TAHSBus_Econ
Scoop.it!

New UK car sales best in five years

New UK car sales best in five years | OCR Economics F581 | Scoop.it
Y12 Econ Com: Supply? Demand? Diagram? Good? Bad? New car sales hit the highest level in more than five years in September helped by the latest registration plate, according to the Society of Manufacturers and Traders.
more...
No comment yet.
Scooped by TAHSBus_Econ
Scoop.it!

Royal Mail: City Demand For Shares Tops £30bn

Royal Mail: City Demand For Shares Tops £30bn | OCR Economics F581 | Scoop.it
Y12 Econ Commentary. Supply? Demand? Diagram? What is happening? Why? Good? Bad? Institutional investors have placed more than £30bn of orders in the UK's biggest privatisation for decades, Sky News understands.
more...
No comment yet.
Scooped by TAHSBus_Econ
Scoop.it!

Aldi Grows UK Supermarket Jobs And Profits

Aldi Grows UK Supermarket Jobs And Profits | OCR Economics F581 | Scoop.it
Y12 Commentary. How will this influence the UK economy? Diagram? What will happen? The discounter recently named 'best UK supermarket' by Which? is to continue its store expansion programme in the UK.
more...
No comment yet.
Scooped by TAHSBus_Econ
Scoop.it!

Isles wind power subsidy confirmed

Isles wind power subsidy confirmed | OCR Economics F581 | Scoop.it
Subsidies increasing the supply? Why? Positive and negative externalities? Windfarm developers will be given a cash incentive to build more turbines on Scottish islands, the UK energy secretary confirms.
more...
No comment yet.
Scooped by TAHSBus_Econ
Scoop.it!

Royal Mail float 'in coming weeks'

Royal Mail float 'in coming weeks' | OCR Economics F581 | Scoop.it
Less of a command economy all the time? Completely free market one day? Good or bad? Right vs Left! Decision? Government announces that it will privatise the Royal Mail in the coming weeks, with shares offered to employees, institutions and the public.
more...
No comment yet.
Scooped by TAHSBus_Econ
Scoop.it!

Meet the country's first wind 'baron'

Meet the country's first wind 'baron' | OCR Economics F581 | Scoop.it
There are around 4000 wind turbines in the UK, providing energy for 2.4 million households. Phil Mackie reports.
TAHSBus_Econ's insight:

Positive and negative externalities? Merit goods? Public goods?

more...
No comment yet.
Scooped by TAHSBus_Econ
Scoop.it!

House Prices Surge For Fourth Month In A Row

House Prices Surge For Fourth Month In A Row | OCR Economics F581 | Scoop.it
Supply? Demand? Elasticity of supply? Elasticity of demand? Further signs of strengthening confidence in the property sector emerge as a new report shows house prices up 0.6% in August.
more...
No comment yet.
Scooped by TAHSBus_Econ
Scoop.it!

Britain Is Boom Destination For Tourists

Britain Is Boom Destination For Tourists | OCR Economics F581 | Scoop.it
Supply and demand? Why? Diagram? Elasticity? Comment? There were almost 2.9 million tourists in June, a record for the month, according to the latest figures from VisitBritain.
more...
No comment yet.