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China looks at plans to ban petrol and diesel cars - BBC News

China looks at plans to ban petrol and diesel cars - BBC News | Micro - IB | Scoop.it
China has started "relevant research" but has not yet decided when the ban would come into force.
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India overtakes China as world's fastest growing major economy

India overtakes China as world's fastest growing major economy | Micro - IB | Scoop.it

GDP growth in India hits 7.3% at the end of 2015 and will rise to as high as 7.6% in 2016

Econly's insight:

Short or Long Run trend? What are some of the keys factors that will determine this?

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UK Macro Outlook: Why UK interest rates could stay lower for longer than you think

Markets expect the Bank of England to start raising rates from early next year. In 3 years Bank Rate is expected to be 1.5%. While possible, it is not inevitable


Via Geoff Riley
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Geoff Riley's curator insight, November 5, 2015 4:23 AM

Some superb macro analysis here from the economics team at RBS. Inflationary pressures are now - more than ever - aligned with global (external factors) and with long-term pressures on cost and price inflation staying muted, we could be waiting a deal longer for the first UK policy rate hike. What price rates staying below 2% between now and the end of 2017? 

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Scots using 650m fewer plastic bags since the 5p charge - BBC News

Scots using 650m fewer plastic bags since the 5p charge - BBC News | Micro - IB | Scoop.it
The Scottish government says shoppers are using 650m fewer plastic bags since the introduction of a 5p charge for single use carrier bags a year ago.
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The three things holding women back at work

The three things holding women back at work | Micro - IB | Scoop.it
When companies try to improve their gender diversity they tend to look at policies such as childcare and flexible working, they should be looking at their culture and beliefs instead
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Poundland’s green light proves the value of talking to shoppers

Poundland’s green light proves the value of talking to shoppers | Micro - IB | Scoop.it
Competition watchdog belatedly realised it was a good idea to understand the modern high street before ruling on takeover of 99p Stores
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High frequency trading - generating negative externalities? CNN interview

High frequency trading - generating negative externalities? CNN interview | Micro - IB | Scoop.it
High speed trader turned whistleblower David Lauer explains why he left the industry and how certain practices at computerized trading firms negatively affec...
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AS Micro - Merit Good?! - More breastfeeding 'worth millions'

AS Micro - Merit Good?! - More breastfeeding 'worth millions' | Micro - IB | Scoop.it

Via Saint Martin's - Economics
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Appetite for loans 'picks up again'

Appetite for loans 'picks up again' | Micro - IB | Scoop.it
The amount of new borrowing through personal loans has outstripped repayments every month this year, figures from UK banks indicate.
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Saudi Arabia slashes oil output to defend $100 price - Telegraph

Saudi Arabia slashes oil output to defend $100 price - Telegraph | Micro - IB | Scoop.it
World's biggest exporter of oil reacts to slide in prices by trimming 400,000 barrels per day of output in August
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Ana Maria Ichim's curator insight, September 12, 2014 6:07 AM

Quantitative restrictions, supply

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Innovate or die: The stark message for big business

Innovate or die: The stark message for big business | Micro - IB | Scoop.it
Big companies often find it difficult to innovate, stymied by short-termism and a fear of risk taking. But if they don't, oblivion beckons.
Econly's insight:
Thanks to Graham Watson for link
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Raising the Minimum Wage: A McDonald's-Killer, Not a McJobs-Killer

Raising the Minimum Wage: A McDonald's-Killer, Not a McJobs-Killer | Micro - IB | Scoop.it
A new paper finds that fast-food restaurants are more likely to close when the minimum wage increases. The good news? New ones swoop right in to take their place.

Via Josh Kettell
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Lampton Economics's curator insight, February 11, 2014 5:18 PM

HK: i disagree with this because if minimum wage increase , people would want to get emplyed as they would earn more per hour therfore they would apply anywhere they think its possible to get a job.

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Market Failure and Government Failure in One Go

Market Failure and Government Failure in One Go | Micro - IB | Scoop.it
A lovely clip from last night's Channel 4 News highlights both issues - and points you towards the welfare implications of both. This would make a lovely example for any of you facing examination questions which are asking for an evaluation of government intervention in the market. .
Econly's insight:
Econ 1 As tutor2u says, this is a good example of market failure (information failure because of the selective publication of drug research findings by pharmaceutical company manufacturing the drugs). Ben Goldacre's book Bad Pharma goes into huge detail on this industry-wide issue. Have a go at questions on the tutor2u page.
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Carbon tax could wipe out polluters' profits in pursuit of Paris targets

Carbon tax could wipe out polluters' profits in pursuit of Paris targets | Micro - IB | Scoop.it
To achieve climate agreement’s limit of 2C rise, pricing will have to increase to more than $100 a tonne, says Schroders
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Steel is suffering like coal once did: but Cameron will not oppose China

Steel is suffering like coal once did: but Cameron will not oppose China | Micro - IB | Scoop.it
America has imposed massive tariffs, but Britain’s courtship of Beijing may leave British steelmakers with no protection
Econly's insight:

Steel: free trade or protect it?

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Are big mergers bad for consumers? - BBC News

Are big mergers bad for consumers? - BBC News | Micro - IB | Scoop.it
This year is set to be a record for company mergers. They're usually good for the companies involved - but how do they affect the consumer?
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Global poverty is falling, but not as fast as you may think - Humanosphere

Global poverty is falling, but not as fast as you may think - Humanosphere | Micro - IB | Scoop.it
A graphic showing the rapid decline of global poverty over the past 100 years is making the rounds as evidence that the world is getting better. While tech

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Ex-Sainsbury's boss Justin King slams National Living Wage - BBC News

Ex-Sainsbury's boss Justin King slams National Living Wage - BBC News | Micro - IB | Scoop.it
Justin King, the former chief executive of Sainsbury's, says the National Living Wage will "destroy jobs".
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McDonald's UK boss says zero-hours contracts are fair - BBC News

McDonald's UK boss says zero-hours contracts are fair - BBC News | Micro - IB | Scoop.it
The new boss of McDonald's UK tells the BBC that zero-hours contracts are fair because they help staff stay flexible.
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"60 Minutes" investigates high-frequency trading - YouTube

"60 Minutes" investigates high-frequency trading - YouTube | Micro - IB | Scoop.it
"60 Minutes" correspondent Steve Kroft revealed Sunday night how a few stock market insiders are making billions in high-frequency trading. Kroft spoke with ...
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AS Micro - Market Failure: Obese lose up to eight years of life

AS Micro - Market Failure: Obese lose up to eight years of life | Micro - IB | Scoop.it

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Black hole in UK public finances widens in August - Telegraph

Black hole in UK public finances widens in August - Telegraph | Micro - IB | Scoop.it
Borrowing increases in August, as across the board increase in tax receipts offset by higher government spending
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What Gangnam Style represents in opportunity cost terms

What Gangnam Style represents in opportunity cost terms | Micro - IB | Scoop.it
Here’s a light-hearted one! What could we have had instead of 2 billion views of Gangnam Style?The Economist ponders that question..
Econly's insight:

Superb!

 

 

 

 

 

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Marist Economics's curator insight, August 18, 2014 11:17 AM

Opportunity cost is such a useful concept in economics- here's a fun way to measure time spent watching YouTube video in terms of foregone alternatives...

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A2 Micro - Labour Market Failure: Percentage of graduates working in non-graduate jobs has risen - ONS


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Labour creates storm in a coffee cup over Waitrose loyalty scheme - FT.com

Labour creates storm in a coffee cup over Waitrose loyalty scheme - FT.com | Micro - IB | Scoop.it
The Labour party has accused Waitrose of stealing trade from small high street shops by giving a million free coffees and newspapers to its customers every week. In its latest salvo against big business, Labour said the myWaitrose loyalty scheme was

Via Geoff Riley
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Geoff Riley's curator insight, March 1, 2014 2:35 AM

Fair competition? should Labour start attacking businesses who also provide free tea and coffee for their employees?