Economasters
@_economasters
Economasters is an innovative company specialising in the teaching of Economics.
As the Christmas season comes to an end, why not give yourself just one more present? A package of Easter revision sessions with Economasters is the perfect way to help you achieve your academic goals in 2025. economasters.co.uk #aleveleconomics #economicstutors #economics
A great article in the BBC today provides some fascinating insights into the amount of income tax paid by the richest people in the UK. It also highlights how reliant the Exchequer is on a small number of individuals... bbc.co.uk/news/articles/…
OFWAT (@Ofwat) has just ordered water companies in England and Wales to pay £157m back to customers following their "disappointing" performance. This is an excellent example of active regulation of firms in a privatised utility industry. #privatisation news.sky.com/story/water-fi…
news.sky.com
Water firms ordered by Ofwat to pay back customers more than £157m
The regulator said the performance of firms last year had been "disappointing" and that money alone was not enough to address the problems facing the industry.
The minimum unit price for alcohol in Scotland has today increased by 30% (from 50p to 65p) in an effort to tackle deaths and hospital admissions linked to excessive alcohol consumption. news.sky.com/story/minimum-… #minimumunitprice #marketfailure #governmentintervention
news.sky.com
Minimum alcohol unit price increases by 30% in Scotland
In 2018, Scotland became the first country in the world to ban retailers from selling alcohol below 50p per unit. That has now risen to 65p.
Very excited to have obtained a copy of 'Atlas of Finance' by Dariusz Wójcik (@geographydarek) with its stunning graphics and maps by James Cheshire and Oliver Uberti. The world of economics and finance has never looked so beautiful. @YaleBooks #Economics youtu.be/sOYYPBYBPkY?fe…
youtube.com
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Atlas of Finance
"Brilliant sessions. Feedback from the students has been first class." That's how Lisa Newton, Head of Economics at Westminster School, has described our TSA preparation programme. If you would like similar support, just get in touch. #TSA @UniofOxford @OxOutreach #oxfordsuccess
The link between interest rates and the exchange rate is a key macroeconomic relationship. It is no surprise that the pound is surging in a week when the Federal Reserve slashed US interest rates but the Bank of England kept the UK base rate unchanged. news.sky.com/story/money-in…
news.sky.com
British Airways teams up with Elon Musk's Starlink to offer big change for all passengers | Money...
British Airways has announced it will provide all of its customers with "free, reliable and lightning-fast" Wi-Fi on its flights. Read this and stick with us through the day as Money feature writer...
It's a significant day in the economic history of the UK as the national debt hits 100% of GDP for the first time since the 1960s. Some interesting decisions lie ahead. news.sky.com/story/national… #nationaldebt #budget2024 #UKeconomy
The national debt is predicted to rise from almost 100% of GDP today to 274% of GDP by 2071. The key driver? Increasing government spending resulting from an ageing population, climate change and rising geopolitical tensions. #nationaldebt #budget2024 bbc.co.uk/news/articles/…
bbc.co.uk
National debt set to treble over next 50 years, says OBR
An ageing population, climate change and geopolitical tensions all add pressure to the public finances, a report says.
#UCAS Personal Statement Tip 2: Ensure that you explain the RELEVANCE of your super-curricular activities. If an admissions tutor could ask "so what?" in response to anything you have written (wider reading, attendance at lectures, work experience, etc.), you need to say more!
TV junk food advertisements are to be banned before 9pm - an excellent example of a regulatory response to a market failure. Is regulation the best way of dealing with negative consumption externalities? #marketfailure #negativeexternalities #junkfood news.sky.com/story/ban-on-j…
news.sky.com
Ban on junk food ads before 9pm to come into force next year
The new government said it will not delay the plans, which were first announced by the Tories in 2021 but pushed back twice.
What do freak frosts, smelly fruit and dynamic markets have to do with the price of coffee? This BBC News article explains how we could soon be paying £5 for our daily caffeine fix. bbc.co.uk/news/articles/… #coffee #marketdynamics #pricedetermination #supplyanddemand
UCAS personal statement advice 1 Don't write an essay about your subject. Focus on YOUR interests, YOUR thoughts, YOUR reading, YOUR super-curricular endeavours, and the reasons for YOUR desire to study the subject at university. It is a PERSONAL statement after all! #UCAS
The Economasters Essay Competition 2024 is now live! If you are in Year 12 or Year 13, don't miss out on this wonderful opportunity to win £500 just by engaging with a lively and contemporary economic issue. economasters.co.uk/economics-essa… #economics #essaycompetition #win
The Economasters Essay Competition 2024 is now live! For students in Year 12, it's a great way to explore the subject, get ahead with your learning, and boost your academic CV. economasters.co.uk/economics-essa… #aleveleconomics #essaycompetition #economics
The Economasters Essay Competition 2024 is now live! For students in Year 13, it's the perfect opportunity to strengthen your personal statement in advance of your UCAS application. economasters.co.uk/economics-essa… #aleveleconomics #essaycompetition #personalstatement #UCAS
Has the time come for drivers to be charged according to how far they travel? news.sky.com/story/chancell… #roadpricing #UKeconomy #budget2024
news.sky.com
Chancellor Rachel Reeves urged to impose 'pay-per-mile' scheme on electric cars
Public transport charity Campaign for Better Transport is proposing that drivers of zero-emission vehicles should be charged based on how far they travel to make up for lost fuel duty revenue.
If you are entering Year 12 and beginning your study of Economics this week, read this article! It provides an excellent applied introduction to a key macroeconomic question: what exactly do we mean by a "strong" economy? bbc.co.uk/news/articles/… #aleveleconomics #macroeconomics
Is a ban on smoking outdoors a sensible next step in addressing the negative externalities caused by cigarette consumption, or would it be the "final nail in the coffin" for pubs and restaurants? news.sky.com/story/outdoor-… #negativeexternalities #smokingban @UKHofficial
Research from the Adam Smith Institute (@ASI) suggests that imposing VAT on private schools will COST taxpayers £1.8bn as parents opt to work less and pupils migrate to the state sector. Read the Telegraph (@telegraph) article here: telegraph.co.uk/news/2024/08/3… #privateschools #VAT
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