Unit 2
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(EN)-(PDF) - AS Macroeconomics Key Term Glossary | Geoff Riley

Key term glossary for AS macroeconomics

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Sue Hall's curator insight, January 31, 2014 9:42 AM

Brilliant for AS economists

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Unemployment in Europe: get the figures for every country

Unemployment in Europe: get the figures for every country | Unit 2 | Scoop.it
The eurozone unemployment rate has hit a record high at 11.6% with 18.5m people out of jobs according to Eurostat.

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Labour market slack: One in 10 workers underemployed

Labour market slack: One in 10 workers underemployed | Unit 2 | Scoop.it
One in 10 of all workers in the UK are now officially underemployed, according to a study from the Office For National Statistics.

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UK inflation basket: ebooks in, champagne out

UK inflation basket: ebooks in, champagne out | Unit 2 | Scoop.it
Office for National Statistics notes recent increases in the number of people reading books digitally as it adds ebooks to the new basket of goods

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Geoff Riley's curator insight, March 13, 2013 4:18 AM

The latest changes to the basket of goods and services that are used when compiling the UK consumer price index

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UK trapped in 'vicious spiral' of falling wages and depressed investment

UK trapped in 'vicious spiral' of falling wages and depressed investment | Unit 2 | Scoop.it
International Labour Organisation warns of threat of rising child poverty in Britain if measures to combat unemployment are not introduced

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IMF launching courses on online university - BBC News

IMF launching courses on online university - BBC News | Unit 2 | Scoop.it
BBC News IMF launching courses on online university BBC News These are going to be uncompromising in their content - "based on the latest collective wisdom on macro-economics" - but are designed to give the public an insight into the issues facing...

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UK doubles exports to BRICS since crisis - Telegraph | Developments in the UK Economy

UK doubles exports to BRICS since crisis - Telegraph | Developments in the UK Economy | Unit 2 | Scoop.it
British companies have more than doubled their exports to the fastest growing emerging nations since before the crisis in a bid to cash in on the rapid expansion in the developing world.Geoff Riley's insight: Much discussion recently about some of...

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Growth in London labour market

Growth in London labour market | Unit 2 | Scoop.it
There has been a rise in unemployment and the number of people in work in London because of more people entering the labour market.

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Value of money slides 30pc in 30 years as cost of goods rockets - Telegraph

Value of money slides 30pc in 30 years as cost of goods rockets - Telegraph | Unit 2 | Scoop.it
The value of money has plummeted by two thirds over the last 30 years as the cost of everyday goods such as milk and bread has jumped, according to new research.

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Geoff Riley's curator insight, February 26, 2013 1:42 AM

Inflation eordes the purchasing power of money - here are some real world examples drawn from the UK. Have wages risen faster than prices over the same period? 

Revision presentation: http://www.slideshare.net/tutor2u/buss4-inflation ;

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Apprentices 'are more employable'

Apprentices 'are more employable' | Unit 2 | Scoop.it
Employers in England rate qualified apprentices as 15% more employable than those with other qualifications, a survey of 500 firms suggests.

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Geoff Riley's curator insight, April 8, 2013 2:06 AM

The importance of improving human capital as a way of lowering structural unemployment is stressed in this report 

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Paul Krugman's call to arms against austerity

Paul Krugman's call to arms against austerity | Unit 2 | Scoop.it
An interview with the Nobel prize-winning economist, whose book roundly attacks the 'delusional' deficit-reduction strategy

 

In Krugman's view, concerns about ageing populations, looming health costs, the changing nature of the workforce in a digital age and competition from Asian economies for jobs, are for another time. "Should we be having more spending? The answer must be yes. Why? Because there is plenty of slack in the labour market and investment needs to increase. To me it is clear that there is plenty of room to increase spending without increasing inflation.

"What many people fail to see is that macro economics moves much more slowly than they think. You can read academic papers from the 1930s and after you strip out the arcane academic language, they could be written today."


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