a2-aqa-economics: February 2011

Tuesday 22 February 2011

Thursday 17 February 2011

international competitiveness relates to the the ability to continue the sell the right products at the right price.

ccc = product / price

product issues:
invention + innovation + design + branding + quality + uniqueness + awareness

price issue:
domestic price x exchange rate

domestic price is influence by inflation rates, competitveness of markets, demand and supply (cost / productivity) issues in general

any of which could be developed into a valid point

recent articles:

uk productivity feb 2011 (ons)

uk inflation feb 2011

research and development in UK plc (bbc feb 2011)

the future of uk manufacturing (guardian feb 2011) mp3 30mins

the worlds most innovative companies 2011 (spot the Brit)

Wednesday 16 February 2011

letters exchanged between BoE and HMT

letters page

debate rages within mpc (ft feb 2011)

bank must raise rates (ft 17/02/2011)

UK inflation muddle ft 25/02/11

worst cases of hyper inflation cnbc

Monday 14 February 2011

trade videos

comparative and absolute advantage pj holden

tariffs and protectionsim pj holden

quotas and protectionism pj holden

subsidies pj holden

fault lines

Raghuram Rajan of the University of Chicago fault lines discussion

voted by academics the most influential economist of the post credit crunch world

the economist feb 2011

not so insightful "mistaking beauty for truth" nyt

"mathematics gave economics rigor, unfortunately it also give it mortis"