emergency budget

details:
treasury budget 2010

analysis:
volterra consulting budget review
bbc budget page
deloitte budget 2010
ernst and young budget 2010
budget 2010 - the telegraph
background:
uk economy in graphs

other links:
25% Vat - bootle at the telegraph
VAT explained (bbc)

cgt up - the telegraph
budget carttons by matt

double dip recession?

roubini and black swans reflect on the chance of recession in 2010



http://www.roubini.com/roubini-monitor

http://www.pbs.org/newshour/economy/makingsense/

other video stories

inflation overview ECB

ECB Inflation overview

animated thinking _RSA

RSA Videos

airline industry issues

Take a look at one of the following issues consider a presentation around the assessment objectives at A2 level: Basic knowledge and understaning / application / analysis / evaluation



1) The Structure of the Industry:
market shares / merger and takeover / entry and exit
iberia ba merger (bbc)
iberia ba merger (bbc)
1200 job cuts at ba

2) Open Skies
removal of barriers to entry / increased contestability
basics http://news.bbc.co.uk/1/hi/business/6478651.stm
open skies agreement (reuters)
http://news.bbc.co.uk/1/hi/business/7256918.stm
http://www.open2.net/money/trailers_spring_08.html#plane
oct 2007 http://business.timesonline.co.uk/tol/business/industry_sectors/transport/article2701536.ece

3) Impact of Low Cost Airlines
Entry of new firms / innovation
ryanair and expansion (BBC)

4) Collusion Activity
concentrated industries and joint profit maximisation / government regulation and action
EU Competition Page

British Airways and Virgin Fuel Surcharge 2007:
£270m fine announced (bbc)
Q&A BA Price Fixing Investigation (BBC)
Willie Walsh Reaction (BBC video)
airlines (ba and virgin) feb 2008
ba virgin august 2007

5) Trade Union Activity
unite and BA dispute implications

6) Breaking Up BAA
problems of monopoly / government action
baa airports break up (reuters)

http://news.bbc.co.uk/1/hi/england/7622013.stm
http://news.bbc.co.uk/1/hi/business/7571733.stm
http://news.bbc.co.uk/1/hi/business/7564877.stm
http://news.bbc.co.uk/today/hi/today/newsid_7571000/7571786.stm
http://news.bbc.co.uk/1/hi/uk/7572442.stm
http://news.bbc.co.uk/today/hi/today/newsid_7571000/7571962.stm

7) heathrows third runway
capacity issues / cost benefit analysis / alternatives
guardian special investigation
thames estuary airport
website
report

8) Exogenous shocks
Revenue Cost Profit Implications / Changing Nature of Market / Complimets and Substitutes

• 9/11
• Volanic ash
• Macro Economic impacts

us unemployment

us unemployment 1950-2010 (wsj)

monetary policy - interest rate latest

world interest rates 2005-2010 (wsj)

econ revision t2u

in preparing for econ 4 find a list of key macro revison presentations here

more details in each of the areas below:

fiscal policy

unemployment + cyclical unemplyment

supply side policies

balance of payments

x-rates

trade and protectionism

krugman @ lse

Geoff Riley is correct in suggesting listening to Paul Krugman, one of the disenting voices in the run up to the credit crunch - find the approriate links and Geoffs summary of his main points here

it is particularly useful in reviewing terms such as Paradox of Thift and Liquidity Trap which slipping from the economists lexicon until the recent recession