Top Tweets for #theme2macro
A return to policy orthodoxy in Turkey https://t.co/JIR4cI5tWk #theme2macro
Interest rates remain very low relative to inflation. Still scope for further rate increases. Bank of England now forecasting that inflation in the UK will peak at 13%. They are now officially forecasting a recession starting in the 4th quarter of 2022. #theme2macro #ukeconomy
An update on the UK cost of living crisis as CPI inflation accelerates to 7% with more to come once the energy price rises feed through into the inflation calculation. #theme2macro #economicsrevision #ukeconomy
Excellent read for #theme2macro students. UK business investment expected to rebound strongly in 2022 https://t.co/8ivGqQ0xL6 The "super-deduction" tax incentive seems to be playing a role - allowing businesses to cut tax bills by 25p for every £1 invested in plant and machinery
Sunak announces spending of £4.7bn on schools by 2025 - returning to 2010 real term spending levels - returning to a level last seen 15 years ago is testimony to the depth of austerity. If corporates paid their proper taxes, we could afford to do so much more #theme2macro
CPI inflation in the UK expected to to average 4% over the next year - will be interesting to see if inflation expectations ratchet up and feed into wage bargaining. #theme2macro
Perfect applied example to use when teaching SRAS/LRAS after half term. UK supply chain crisis to last until at least 2023, business leaders warn https://t.co/cmdQcbMEES About 1.4m EU workers are estimated to have returned home during the pandemic #theme2macro
NEW VIDEO: Input and Output Price Inflation https://t.co/Fn8mLyGPiM via @tutor2u Many firms are facing severe cost pressures - input price inflation >10% and is a lead indicator of rising CPI inflation in the months ahead #theme2macro
Sunak urged to copy Biden and ‘act big’ with £190bn stimulus https://t.co/R0BEZaT93u Great background for #theme2macro and #theme4macro
The FT argues that this is not the time to even countenance fiscal austerity "An expansionary fiscal stance is essential to offset the contractionary impact on the private sector of coronavirus restrictions" Well worth reading for #theme2macro context https://t.co/oDsKeHxmKU
A must read for my Year 12 economists. Bobby Kennedy was right: GDP is a poor measure of a nation's health - GDP figures don’t tell us anything about the quality of growth https://t.co/9gZRqpdMJF #theme2macro
We are covering the output gap this week in Theme 2 macro - must be v.difficult to estimate it at the moment given the size of the economic shock to demand and supply. #theme2macro
Hugely important example for your #theme2macro notes - can workers successfully transition from coal, oil and gas into civil engineering firms investing in building and maintaining renewable energy infrastructure and capacity? https://t.co/utoODT3Ozy
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