Made In Britain

Just finished watching the first part of what looks like an excellent three part series on manufacturing in Britain. In the first episode, Evan Davis looks at why moving a lot of manufacture to China has not necessarily been a bad thing. I would highly recommend this for both my Economics and Business Management classes. The link to the BBC iPlayer programme is below:

Made In Britain

The Circular Flow of Income....and David Cameron??

My S3 Economics class were given the task of creating a poster to show The Circular Flow of Income - here is the result. Not sure what the David Cameron creation is but if it helps them to remember the diagram, I am happy.

IMF supports UK economic policies

Video from the BBC Economics Editor, Stephanie Flanders, on the IMF's support for the coalition government's economic policy.

Stephanie Flanders Video

Discussion on Chinese economy and culture....over dinner!

I was fortunate to be invited out to dinner by a friend and her Chinese colleague who are currently doing a lot of work in promoting Chinese in the Scottish education system. As an Economics and Business teacher it was a great opportunity to ask a lot of questions on the rise of China and hear a different perspective than the scaremongering one often reported in the media. And to top it off, what a dinner! This was my first experience of a Chinese Hotpot and it is one aspect of Chinese culture I will be glad to embrace.

The economic cuts aren't working, are they?

A really interesting article published in today's Observer on the effects of the economic cuts imposed by the Coalition government. Well worth a read as it looks at the effects of the cuts in government spending on unemployment, etc. and brings together a lot of the things we look at in Higher and Intermediate 2 Economics.

George Osborne's plan isn't working