Mr Roche

On this twitter handle I will play the role of a Teacher of Economics and Business. Opinions are my own and rare. Retweets are not endorsement of content.

[Will Haines @MrWillHaines]

It's been some time in the making, but here is the new @TheIFS A-level resource website. It's full of content to challenge students beyond the syllabus. Take your time to explore the resources and share it with fellow Economics teachers and students.

https://t.co/DifiX5Ydfi

[Mr Roche @rochonomics]

The agency said the upgrade reflected its view that, in line with Greece’s “impressive” record, “the Greek authorities will remain committed to fiscal responsibility, ensuring that the public debt ratio stays on a downward trend” @EconomicsSes

[FT for Schools @ft4s]

Greece credit rating raised to investment grade for first time since debt crisis https://t.co/i8h6MEoYX7

[Mr Roche @rochonomics]

This is a worthwhile read for young economists. Creative destruction on the UK high street. @EconomicsSes

[David Smith @dsmitheconomics]

My Times piece today: It is not surprising that well-known names are disappearing from our high streets. Retail sales volumes have slumped over the past two years:

Retail losers feel like more than just the usual casualties of capitalism

https://t.co/aNEb36r52x

[Mr Roche @rochonomics]

Microsoft wants to buy Activision to add more titles to its Xbox Game Pass... rivals such as Sony have objected to the deal, concerned that it could stop access for games. More than half of UK copies of the new Call of Duty were for PlayStation.https://t.co/RVkOWkqPof

[Mr Roche @rochonomics]

Interesting data here. Yorkshire less income per capita than Mississippi.

[John Burn-Murdoch @jburnmurdoch]

NEW: America is a rich country. Britain is a poor country with one wealthy region.

People love to compare the UK to Mississippi, but it’s far more informative to look at UK subnationally, too.

London ranks fairly well, the rest of the country does not 👉 https://t.co/xrIzwYGaCI

[Mr Roche @rochonomics]

Supernormal profits - World’s 722 biggest companies ‘making $1tn in windfall profits’ https://t.co/ViOXXR7tzc via @tutor2u @EconomicsSes

[Mr Roche @rochonomics]

For a couple to be classified as being in "relative poverty" they would receive an income of less than £15,400.... those who left the workforce in 2020-21 were "much poorer" compared with those who had retired a year later. https://t.co/VhCkrMrmT5

[Mr Roche @rochonomics]

A reminder of why we need competition policy:
- Morrisons' and Asda's targeted fuel margins for 2023 had doubled and tripled respectively since 2019
- Sainsbury's and Tesco had followed suit and raised their prices, suggesting competition had "weakened" https://t.co/7NnH63TAq1

[Ruben Mathisen @rubenbmathisen]

The graph below shows how well the richest Top 1% have done across different countries over the past 200 years.

Some interesting patterns explored in 🧵.
#dataviz

[Bank of England @bankofengland]

Andrew Bailey sets out the reasons behind today’s decision to raise interest rates.

[Ed Conway @EdConwaySky]

🧵
Why is Britain facing higher inflation than any other G7 member?
How did the @bankofengland get so far behind the curve?
Why will UK households end up facing higher interest rates than anyone expected a few years ago?
Best place to begin: cucumbers.
Yes, really: cucumbers
🥒

[Mr Roche @rochonomics]

UK inflation shock paves way for interest rate hikes @EconomicsSes https://t.co/QP305jswRb

[Great Crashes & Great Economists by @lindayueh @GreatBookSeries]

"In her 2018 book, What Would the #GreatEconomists Do? @LindaYueh explores how the ideas of 12 world-changing thinkers could solve the great economic problems of today."
https://t.co/QduUzfzmVn

[Mr Roche @rochonomics]

Yes you are. Yes you do. @EconomicsSes

[Discover Economics @DiscoverEcon]

🚨 Deadline in 1 month 🚨

Are you a Yr10–13 student?

Would you like to be published in @FT?

The "Young Economist of the Year" competition, sponsored by @kpmguk, gives you the chance to tackle real-world economic problems.

Click here: https://t.co/Pln0eafJT8

#competition

[Mr Roche @rochonomics]

@SSCricket1532 !

[ECB Coach Development @icoachcricket]

🏏 WICKETKEEPING

👀 Watch the ball

#wicketkeeping
#coaching
#cricket

[Mr Roche @rochonomics]

Nominal vs real wages. @economicsses "In cash terms, basic pay is now growing at its fastest since current records began, apart from the period when the figures were distorted by the pandemic. However, even so, wage rises continue to lag behind inflation."
https://t.co/tggBbToNdU

[Mr Roche @rochonomics]

"The level of competition is important. In Germany, more than 40% of the market is made up by the discount supermarkets... In the UK, it doesn't include the discounters, Aldi and Lidl, which make up 17% of the UK grocery sector." 🤔https://t.co/LrBZQ5ow9q

[Mr Roche @rochonomics]

Students of @economicsses know the causes and the effects here. Don't we? Some good revision of concepts for Y12 ahead of end of year macro exam next week. https://t.co/6XxpsFNIgP

[Mr Roche @rochonomics]

I wonder if any @EconomicsSes students used UBI in their Paper 3 essay on micro/macro policies to reduce inequality today?

[Inequality Project @GdnInequality]

Universal basic income of £1,600 a month to be trialled in England https://t.co/YIaTsK0URB

[The Spectator Index @spectatorindex]

Price of a Big Mac by country

🇨🇭 Switzerland: $7.26
🇺🇾 Uruguay: $6.85
🇳🇴 Norway: $6.59
🇸🇪 Sweden: $5.62
🇩🇰 Denmark: $5.41
🇦🇷 Argentina: $5.31
🇺🇸 US: $5.15
🇦🇺 Australia: $5.11
🇸🇦 Saudi Arabia: $5.06
🇦🇪 UAE: $4.9
🇬🇧 UK: $4.67
🇨🇦 Canada: $4.57
🇸🇬 Singapore: $4.47
🇧🇷 Brazil: $4.44
🇲🇽 Mexico: $4.19
🇨🇴 Colombia: $4.16
🇵🇱 Poland: $4.09
🇹🇷 Turkey: $3.99
🇰🇷 South Korea: $3.97
🇨🇳 China: $3.54
🇵🇰 Pakistan: $3.39
🇯🇵 Japan: $3.15
🇻🇳 Vietnam: $3.07
🇿🇦 South Africa: $2.9
🇮🇳 India: $2.53
🇮🇩 Indonesia: $2.35
🇪🇬 Egypt: $1.84
🇻🇪 Venezuela: $1.76

(The Economist - Big Mac index)