OCR Economics F582 & F585
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OCR Economics F582 & F585
Macro Economic News Articles & Revision Tips
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Aggregate Demand & Aggregate Supply

Y12 Econ: Make sure you know the difference between Macro and Micro diagrams! Watch an explanation of macro diagrams here!!!
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Y12 Econ: Aggregate demand? Diagram? Inflation? Price level? #macro Clegg Calls For New Tax Cut To Help Millions

Y12 Econ: Aggregate demand? Diagram? Inflation? Price level? #macro Clegg Calls For New Tax Cut To Help Millions | OCR Economics F582 & F585 | Scoop.it
Y12 Econ: Aggregate demand? Diagram? Inflation? Price level? #macro The Deputy PM wants the coalition to raise the income tax threshold for a fifth time to put cash back in the pockets of workers.
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UK Economy: GDP Growth Accelerates To 0.8%

UK Economy: GDP Growth Accelerates To 0.8% | OCR Economics F582 & F585 | Scoop.it
Official figures for the third quarter show further progress in the economic recovery, but growth was not as high as some hoped.
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Osborne Signs Nuclear Power Deal With China

Osborne Signs Nuclear Power Deal With China | OCR Economics F582 & F585 | Scoop.it
Start of a beautiful relationship? agreement almost certainly means a new reactor planned in Somerset will be a mirror image of the Taishan plant in China.
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Shanghai free-trade zone launched

Shanghai free-trade zone launched | OCR Economics F582 & F585 | Scoop.it
Free market economy for China? A free-trade zone in Shanghai, China's economic hub, launches as the world's second-biggest economy prepares to test long-awaited economic reforms.
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Sterling drops after UK current account deficit widens - The Economic Times on Mobile

Sterling drops after UK current account deficit widens - The Economic Times on Mobile | OCR Economics F582 & F585 | Scoop.it
Balance of payments? Definition? Four areas? Good? Bad? Sterling fell to a session low of $1.6035 after the data was released, from $1.6075 beforehand.
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Pound rises after Carney rejects QE

Pound rises after Carney rejects QE | OCR Economics F582 & F585 | Scoop.it
The pound jumped against the dollar after Bank of England governor Mark Carney said he was against raising the QE programme.
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Inflation 'Ruining Power Of Savings Accounts'

Inflation 'Ruining Power Of Savings Accounts' | OCR Economics F582 & F585 | Scoop.it
Power of inflation? Demand pull? Cost push? As inflation figures for August are released, a website reveals the effects of tax and living cost increases on savings.
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Unemployment Figure Could Be Double, TUC Says

Unemployment Figure Could Be Double, TUC Says | OCR Economics F582 & F585 | Scoop.it
Economically inactive? Flexible labour market? The union organisation says a further 2.26 million people who want a job are not being classified as unemployed.
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BoE Holds Interest Rate At Record 0.5% Low

BoE Holds Interest Rate At Record 0.5% Low | OCR Economics F582 & F585 | Scoop.it
Why? Good idea? Bad idea? Pros? Cons? Diagram? Decision? Gathering signs of economic revival in the UK have prompted analysts to predict the cost of borrowing could rise.
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Could UK be new Norway or Switzerland?

Could UK be new Norway or Switzerland? | OCR Economics F582 & F585 | Scoop.it
UK Prime Minister David Cameron is under pressure to hold an in/out referendum over EU membership, but it is not clear what would happen to relations if Britain were to leave.
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F585 - Economic Integration? Pros? Cons? Decision? Justified with diagrams?

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Free Childcare Scheme Set To Be Extended

Free Childcare Scheme Set To Be Extended | OCR Economics F582 & F585 | Scoop.it
Supply side policy? Pros? Cons? Alternative option? Diagram? Children in around 40% of working families will qualify for 15 hours of free early eduction each week from September next year.
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Unit 3 Micro: First Mover Zynga Loses Momentum

Unit 3 Micro: First Mover Zynga Loses Momentum | OCR Economics F582 & F585 | Scoop.it
These are proving tough times for Zynga - the online social game business. It has grown to a huge scale boasting 240 million average monthly active users over 175 countries.
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Diagrams? Monopoly? Monopolistic competition? Oligopoly? Barriers to entry? First mover advantage? Contestable markets?

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UK recovery 'must be nationwide'

UK recovery 'must be nationwide' | OCR Economics F582 & F585 | Scoop.it
Y12 Econ: Macro! Aggregate demand? LRAS? Diagram? Chancellor George Osborne says the economic recovery must be felt across the entire country.
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Bank: UK Recovery Has Finally Taken Hold

Bank: UK Recovery Has Finally Taken Hold | OCR Economics F582 & F585 | Scoop.it
Recovery? AD? LRAS? Diagram? COMMENT! The Bank of England raises the prospect of interest rates rising earlier than it had expected as it charts an improving economy.
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Energy Bills: Major Calls For 'Windfall Tax'

Energy Bills: Major Calls For 'Windfall Tax' | OCR Economics F582 & F585 | Scoop.it
John Major gone soft? The former PM warns that if there is a cold snap this winter many people will be forced to choose whether to heat their homes.
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India's lonely widows

India's lonely widows | OCR Economics F582 & F585 | Scoop.it
F585: Poverty! Why? How? Shilpa Kannan investigates India’s growing population of elderly people with no family to fall back on.
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David Smith's EconomicsUK.com: Scotland will find it cold outside the UK

David Smith's EconomicsUK.com: Scotland will find it cold outside the UK | OCR Economics F582 & F585 | Scoop.it
F585 Economic Integration! Pros? Cons? David Smith's EconomicsUK - all the economics you'll ever need...
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Pound rises after Carney rejects QE

Pound rises after Carney rejects QE | OCR Economics F582 & F585 | Scoop.it
Monetary policy? Why? Good points? Diagram? The pound jumped against the dollar after Bank of England governor Mark Carney said he was against raising the QE programme.
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Grand Theft Auto V Launch: 'Sickies' Expected

Grand Theft Auto V Launch: 'Sickies' Expected | OCR Economics F582 & F585 | Scoop.it
GTA lowering Economic output? Thousands of workers are expected to take the day off work "sick" as Grand Theft Auto V officially goes on sale.
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Clegg in minimum wage tax promise

Clegg in minimum wage tax promise | OCR Economics F582 & F585 | Scoop.it
Supply side policy? Good? Bad? Why? Making sure people on the minimum wage do not have to pay income tax will be a key demand in any future coalition negotiations, Nick Clegg says.
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UK trade deficit doubles in July

UK trade deficit doubles in July | OCR Economics F582 & F585 | Scoop.it
The UK trade deficit widens to the most in almost a year in July as exports to nations outside the European Union fall sharply.
TAHSBus_Econ's insight:

BOP? Current account? What is it made up of? Why has this happened? Why could this be a good thing? Bad thing? Diagram? AD/AS?

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US trade deficit widens in July

US trade deficit widens in July | OCR Economics F582 & F585 | Scoop.it
BOP? Trade deficit? Good? Bad? Diagram? The US trade deficit widened in July from June due to a fall in exports and growing imports of cars, trucks and motoring parts.
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Would Norway's EU deal work for UK?

Would Norway's EU deal work for UK? | OCR Economics F582 & F585 | Scoop.it
Norwegians go to the polls next week to chose a new government, but the issue of joining the European Union is not one that has featured in this year's election campaigns.
TAHSBus_Econ's insight:

F585 - Economic integration? Pros? Cons? Overall decision?

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Factories In Britain 'Booming Again'

Factories In Britain 'Booming Again' | OCR Economics F582 & F585 | Scoop.it
Investment? AD? Actual growth VS potential growth? LRAS? Diagram? COMMENT! Manufacturing output in the UK grew at its strongest pace for nearly two decades in August, new figures show.
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