Back to teaching both A Level Business and Economics, interested in latest teaching pedagogy, cadet volunteer & lots of pride of the young people I work with!
Key UK Stats that you will definitely use in Paper 2; 1) Annual Growth (2021) 7.4% 2) 2022 Forecast Growth 2% 3) Unemployment 3.7% 4) CPI 9% 5) CA Deficit 3.7% GDP 6) Base Rate 1% 7) Budget Deficit 5.6% GDP 8) National Debt 96% GDP 9) Output Gap +0.7% 10) Gini 0.363 #topgrades
https://t.co/5DwGL5J1cg
Another great column by @dsmitheconomics with this extraordinary chart - regional inequalities have got much worse in the last decade
Who benefits most from a cut in fuel duty? A 5p per litre cut has been mooted but research shows that only 7% of the benefit of a fuel duty cut goes to the poorest 20% of households, with 33% going to the wealthiest 20%.
Where have you noticed ‘shrinkflation’?
It’s when a packet of crisps or a chocolate bar gets smaller but costs the same, #BBCBreakfast spotted these examples ⤵️
https://t.co/5S1vI91rwH
Keynesianism: The story behind this key economic theory https://t.co/YhVs2HtzrC via @bbcideas we're all Keynesians now - the economic wheel keeps turning
Whenever you return to school, please bear in mind that you may not know what your colleagues have experienced during the summer. As well as being mindful of the children be mindful of them too. I say this as someone whose world has completely fallen apart.
A reminder from @dsmitheconomics that we should never take upturns for granted. July ‘21 data: 1) 2.5% fall in retail sales 2) 62.8% fall in housing transactions 3) lowest July UK car production since 1956. Causes: Brexit, supply bottlenecks, chip shortages, rising shipping costs
Am I the teacher with the best displays? No. But am I a teacher who will spend days of his holiday cleaning his room? Also no. But if you’re looking for a teacher who will make epic PowerPoints with fantastic designs - you’ll want to look somewhere else as that also isn’t me.
I’m well into my Summer holiday and just wanted to say I have not got engaged, have no pregnancy to announce or any holiday pics to post. I’m just watching TV and walking my dog. Thought it was important to update you all 😂😂
For more than 12 years, official interest rates have been below 1 percent. The current inflation shock could push CPI up to 4 per cent. If the Bank raises rates to hit the 2% inflation target, it could add tens of billions to the government’s debt interest bill @dsmitheconomics.