Estimation

Measuring economic data is always difficult (even for the professionals!!)

http://news.bbc.co.uk/1/hi/business/8280043.stm

How oil reached $140 a barrel

An interesting article on the BBC regarding Oil

http://news.bbc.co.uk/1/hi/business/7083015.stm

And the oil position now

http://news.bbc.co.uk/1/hi/business/8273883.stm

GDP & GNP

A good summary of GDP & GNP

http://www.youtube.com/watch?v=QiNZdGAZzeA&feature=related

enjoy

Scottish Budget

Just a short article about the scottish budget.

what impact will cuts in government spending have?

FM & FM

US housing market

Do you know your Fannie mae from your freddie mac?


http://news.bbc.co.uk/1/hi/business/8239033.stm

enjoy

Lehman's slideshow

Audio slideshow for lehman Story

http://news.bbc.co.uk/1/hi/business/8234734.stm

Enjoy

Altany

Inflation? What inflation?

Inflation figures for UK economy.


http://news.bbc.co.uk/1/hi/business/8256181.stm

China & USA trade

A short article about China and the US over trade

fits in to lessons this week about the circular flow of income (leakages and injections).


http://news.bbc.co.uk/1/hi/business/8253365.stm

enjoy

Circular flow of income

Circular flow of income

http://www.youtube.com/watch?v=gaEY-p-21F8


Enjoy

opportunity Costs

A short clear video about opportunity costs.

http://www.youtube.com/watch?v=ezOdQUzLVAo

goes well with PPC video.

Production possibility curves

This is a great little short video explaining Production Possibility Curves (PPC)

This should help you ith the work you have done recently in class (or are about to do).

Enjoy

http://www.youtube.com/watch?v=a5rxIY46J7s

TV programme to watch

The BBC has a new series starting on Thursday at 9pm on BBC 2.

Title - "The love of Money."

Description.

Series offering a definitive account of what happened to create the greatest financial crisis for eighty years.
In September 2008, the collapse of Lehman Brothers tipped the world into recession. A cast of contributors including national leaders, finance ministers and CEOs describe the tense negotiations in New York and London as the investment institution headed towards bankruptcy. Gordon Brown, Tim Geithner and Alistair Darling reveal the dilemmas they faced and the decisions they took.
One year on, the programme explains why the collapse of one bank had such disastrous consequences for the world's economy.

Very useful to get a handle on some of the reasons for where the economies of the world are now.

Enjoy

News from the BEEB!!!

Interesting news stories

Got a mobile phone?

http://news.bbc.co.uk/1/hi/business/8243226.stm

Like Chocolate? American firm wants to buy Cadbury's

http://news.bbc.co.uk/1/hi/business/8241056.stm

Timeline of the credit crunch

Great article from the BBC about the credit crunch.

http://news.bbc.co.uk/1/hi/business/7521250.stm

interesting reading.

Enjoy

bbc blog worth reading

The BBC is a great resource for economics news and stories.

I also like to read this blog

http://www.bbc.co.uk/blogs/thereporters/stephanieflanders/

It will become clearer as the course progresses.

BP strikes oil in Gulf of mexico

BP oil finds new oil field.

http://news.bbc.co.uk/1/hi/business/8233504.stm


What will this do to price of oil?

why read a blog

A short video giving student views on why they like using a blog.

http://www.youtube.com/watch?v=PfJETK3am1M&feature=related

enjoy

Altany