tag:blogger.com,1999:blog-49431235259649298822011-11-28T01:31:53.398+01:00Mr Willetts ECP blog. For all those great students at the English College in Prague.Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comBlogger841100tag:blogger.com,1999:blog-4943123525964929882.post-20581829352878060392009-02-17T10:16:00.000+01:002009-02-17T10:19:50.052+01:00

Hi All,Big news in the Economics department - I'm moving from using a blog to using a moodle. If that means nothing to you, don't worry - it's all pretty self-explanatory. It means that there will be a secure site for you to upload work, find worksheets and resources and catch up on material.Register on:http://toast.ninehub.comYou will need a key to be able to register on the course, which is

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-40842042300335748592008-12-09T14:44:00.002+01:002008-12-09T15:00:45.677+01:00

I know after today's lessons you'll be better at listening. Why not use your new-found ability to listen to. They're all good and about economics, but the first few the most relevant to what we're studying:http://www.bbc.co.uk/worldservice/documentaries/2007/12/071227_dollar_a_day_1.shtmlhttp://news.bbc.co.uk/1/hi/programmes/documentary_archive/6246041.stmhttp://news.bbc.co.uk/1/hi/programmes/

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-17005800546162753602008-11-25T09:48:00.000+01:002008-11-25T09:49:56.848+01:00

Have a look at the economist debates. The one on carbon trading should be very useful for year 5 this week.http://www.economist.com/debate/debates/archive/page:1

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-51913465877844465632008-10-13T11:58:00.000+01:002008-10-13T11:59:41.752+01:00

Have a look at the worksheet below and look at the effect of commodity prices on Zambia's terms of tradehttp://www.bized.co.uk/virtual/dc/works/trade.htm

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-83491087522094032462008-09-30T12:00:00.001+01:002008-09-30T12:01:29.767+01:00

http://www.econstats.com/index.htmHave a look at a country's balance of payments and compare this with its exchange rate data.

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-50413921586826750802008-09-23T11:14:00.001+01:002008-09-23T11:19:26.049+01:00

Let's make sure the basic understanding of the effect of interest rates is sound:http://www.bized.co.uk/learn/economics/govpol/macropolicies/interest/exchange/index.htm

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-89745983734417456622008-09-18T10:44:00.000+01:002008-09-18T10:45:24.743+01:00

Have a look at this to helphttp://www.bized.co.uk/virtual/bank/economics/markets/foreign/quiz.htm

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-49287472532087968642008-06-18T07:53:00.000+01:002008-06-18T07:54:06.763+01:00

http://tutor2u.net/economics/content/topics/macroeconomy/outputgap.htm

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-68370617190215800512008-05-22T08:03:00.001+01:002008-05-22T08:05:00.758+01:00

Could you have a look at the following quiz on how inflation is measured:http://www.bized.co.uk/virtual/bank/economics/mpol/inflation/causes/quiz2.htmIf you have finished that, move on to look at this quiz. You may need to look at the notes for some of the theories involved:http://www.bized.co.uk/virtual/bank/economics/mpol/inflation/causes/quiz1.htmHave fun!Mr W

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-10881936696347993332008-05-19T08:00:00.001+01:002008-05-19T08:02:26.670+01:00

To all of you who claim you can't find the links to past papers and mark schemes,Look at the links on the right hand side and you should be able to view all my uploaded items on Google BaseMr W

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-10536113305719469722008-05-12T14:13:00.003+01:002008-05-12T18:09:01.230+01:00

http://www.bized.co.uk/educators/16-19/business/external/lesson/euenviron.htmTasks 2 + 3, not task 1

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-38332820858529940812008-05-12T07:19:00.001+01:002008-05-12T07:20:55.737+01:00

Let's find out about the WTO! http://www.bized.co.uk/current/mind/2003_4/031103.htmQuestions are at the bottom of the sheet

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-12717111351877167522008-04-28T07:49:00.002+01:002008-04-28T07:53:10.876+01:00

Hi All,Have a look at these links for the Global strategy:http://www.us.tuv.com/news/newsletters/MarketAccessTUV_marapr08.pdfhttp://www.commercial.hsbc.com.hk/1/2/commercial/homehttp://www.hrcomply.com/newsletter/111302/8.htmlhttp://www.pwchk.com/webmedia/doc/1073457835400_cntax_facts&figures.pdf

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-76093651588524213392008-04-28T07:25:00.001+01:002008-04-28T07:25:40.034+01:00

If you haven't got a copy of the worksheet, you can find it at:http://base.googlehosted.com/base_media?q=hand5957486903613101152&size=8Mr W

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-62726135940264958592008-04-14T07:43:00.000+01:002008-04-14T07:44:06.681+01:00

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/03/29/cnba129.xmlhttp://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/04/06/cnba106.xml

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-71395261744092436052008-04-13T22:08:00.002+01:002008-04-13T22:19:25.827+01:00

Today we'll be having a look over the work you did last week on Heathrow.Then I want you to have a look at the theory of opportunity cost. It is important when looking at absolute advantage and comparative advantage.What is it?Why is it applicable to the theory of comparative advantage which we looked at?In his recent book, The Three Trillion Dollar War – The True Costs of the Iraq Conflict,

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-52365118482644121772008-04-06T23:53:00.002+01:002008-04-06T23:57:34.105+01:00

Apologies guys for not being there this morning. Could you have a look at the following:http://news.bbc.co.uk/1/hi/uk/7322453.stm"Dozens of flights in and out of Heathrow Airport's brand new £4.3bn Terminal 5 have been cancelled and staff are dealing with a backlog of 15,000 bags and unhappy as the baggage-handling system broke down."Who are British Airways stakeholders? How have they been

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-19518768384735784292008-03-19T09:44:00.002+01:002008-03-19T09:48:28.611+01:00

Hi All (particularly),For your revision, have a look at:http://base.google.com/base/a/1543614/D6653599756567587448andhttp://base.google.com/base/a/1543614/D1191878590905879118Have a good Easter and happy revising! - Year 6, it would be very good to see you after the break...Mr W

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-66625639957845089032008-03-17T08:25:00.002+01:002008-03-17T08:28:29.068+01:00

Do you know about Bear Stearns? If not look at:http://news.bbc.co.uk/1/hi/business/7299938.stmOnce you do know about it have a look at:http://www.economist.com/blogs/freeexchange/2008/03/bearly_afloat.cfmImportantly, look at the comments below.The Ethics!Should governments help out failing companies? Why?Is this a form of nationalisation and socialism? What does that mean? Do you agree with it?

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-27650729974257297072008-03-10T08:29:00.000+01:002008-03-10T08:30:16.054+01:00

Could you have a look at:Vodafone reportMr W

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-38104660970756770662008-03-04T22:56:00.002+01:002008-03-04T22:58:26.303+01:00

For those of you still searching for past papers, mark schemes, syllabus etc., I think the link below should take you to all the things I've uploaded.http://base.google.com/base/search?authorid=1543614&hl=en&gl=USHave fun!Mr W

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-75916248722315812752008-03-03T08:31:00.000+01:002008-03-03T08:32:55.526+01:00

The great Business Ethics Presentation:http://tigger.uic.edu/~amp/350lec5.ppt

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-88679671613772288452008-02-22T11:06:00.002+01:002008-02-22T11:41:54.821+01:00

Please use the cover sheets at:http://www.2shared.com/file/2882052/5924ba40/IB_Economics_Portfolio_coversheet1.htmlandhttp://www.2shared.com/file/2882175/f4b42756/COMMENTARY_COVERSHEET2.html

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-35843475084158114662008-02-21T09:30:00.002+01:002008-02-21T09:34:40.480+01:00

I don't like suggesting that you should play more computer games, but I read about EVE Online. It's an online muliplayer role-playing game. Personally, it's too much money to start spending on games. It does look at economies and how prices, supply and demand change over time. Apparently there are a lot of executives who play it. If anyone does play, I'd be interested to know what you think

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-1020811879759065512008-02-14T20:32:00.002+01:002008-02-14T20:35:37.828+01:00

Coca-cola and Pepsi have never loved each other. If you look at the youtube links below, you can see how they go for each other quite directly in adverts from the 1980s. No one seems to explicitly mention competitors in adverts today, but check out the videos and links about "New Coke":http://www.youtube.com/watch?v=5vw2g5zR9PYhttp://www.youtube.com/watch?v=qfhFBTL-Xswhttp://www.youtube.com/watch

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-32765326969834981092008-02-14T15:02:00.004+01:002008-02-21T09:30:17.183+01:00

I'm not the biggest fan of Mr Mandelson, but hot dang, he's actually said something worth listening to. He made some interesting points saying free trade is the best way to allieviate poverty:http://www.economist.com/blogs/certainideasofeurope/2008/02/we_all_live_in_the_global_mark.cfm

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-75585703050898093002008-02-14T11:44:00.001+01:002008-02-14T11:46:24.065+01:00

If you've looked at price discrimination, have a look at:http://tutor2u.net/quiz/economics/jbc_econ_monopoly_1.htmhttp://www.bized.co.uk/learn/economics/qbank/firms5.htm

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-43602040803460187912008-02-14T10:27:00.002+01:002008-02-14T10:27:53.186+01:00

I'm sure you'd all love to have a look at http://www.bized.co.uk/virtual/vla/price_discrimination/index.htmMr W

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-44006681971673913272008-02-05T10:26:00.000+01:002008-02-05T10:29:13.174+01:00

For the "standard" students, have a look at the following quizzes (you'll find links to notes on the site as well if you need to)http://tutor2u.net/quiz/economics/jbc_econ_basicconcepts_1.htmhttp://tutor2u.net/quiz/economics/jbc_econ_pricetheory_1.htmhttp://tutor2u.net/quiz/economics/jcross_econ_demandsupply_1.htmhttp://tutor2u.net/quiz/economics/jcross_econ_demandsupply_2.htmhttp://tutor2u.net/

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-18945604903140020872008-01-31T10:43:00.000+01:002008-01-31T10:47:24.046+01:00

If you're definitely taking standard level economics, could you have a look at the notes and worksheets below:http://www.bized.co.uk/learn/economics/markets/mechanism/interactive/part1.htmhttp://www.bized.co.uk/learn/economics/qbank/markets4.htmhttp://www.bized.co.uk/learn/economics/qbank/markets1.htmhttp://www.bized.co.uk/educators/16-19/economics/markets/presentation/surplus.pptThe first three

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-58501135406106024742008-01-23T10:07:00.000+01:002008-01-23T10:20:26.164+01:00

If you're still struggling with some of these ideas, you may want to have a look at the following resources:Market structure: http://www.bized.co.uk/learn/economics/firms/structure/index.htmMarket failure: http://www.bized.co.uk/learn/economics/marketfail/characteristics/index.htmMore presentations:http://www.tutor2u.net/economics/presentations.htmlSome quizzes to test yourselves on:http://

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-56655922963293388712008-01-23T09:59:00.000+01:002008-01-23T10:03:25.916+01:00

...then have a look at the following macroeconomic commentaries.http://www.economist.com/blogs/freeexchange/2008/01/enough_with_the_stimulation_al.cfmhttp://www.economist.com/blogs/freeexchange/2008/01/helicopter_ben_to_the_rescue.cfmYou don't need to worry too much about the stock market implications for IB, but ask yourselfWhat shape you think the writers would draw the AD/AS curve?What do they

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-55814961208495538482008-01-22T10:59:00.001+01:002008-01-22T10:59:40.040+01:00

http://www.youtube.com/watch?v=yoN6XfyQsr4

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-41865669401421822512008-01-21T09:16:00.001+01:002008-01-21T09:53:52.874+01:00

Notes from the first class:Angels - There was some good work going on. The group did seemed divided at times, though. Started to lose a sense of purpose towards the end of the lesson.Fertilisers - Slow to start and very disorganised. No real minutes to show from the first meeting.Janxy - Diligent work and good co-operation.EOT - Purposeful in approaching the task. Good chair and secretary.You

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-27711316282858735812008-01-21T08:17:00.000+01:002008-01-21T08:25:20.628+01:00

Now that you are in your groups, I will assign you your problem. The basic problem can be found at:http://www.bized.co.uk/current/pbl/2006_07/050307.htm and http://www.bized.co.uk/current/pbl/2006_07/050307problem.htm2 groups will be undertaking this. The other 2 groups will look at a similar problem, given below:Learning ObjectivesAt the end of this PBL activity, students might have covered

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-17610970880231452742008-01-16T08:18:00.000+01:002008-01-16T08:19:46.072+01:00

Hi All,Could you please have a look at the presentation http://www.bized.co.uk/educators/16-19/economics/firms/presentation/scale.ppt and then have complete at the activity:http://www.bized.co.uk/educators/16-19/economics/firms/activity/scale.htmMr W

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-62864474377970737852008-01-15T10:39:00.000+01:002008-01-15T10:41:54.773+01:00

Hi Guys,Have a look at the related theories and the worksheet belowhttp://www.bized.co.uk/virtual/dc/works/growth.htmMr W

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-51964551111643709142008-01-14T10:47:00.000+01:002008-01-14T10:51:25.999+01:00

Hi all,could you look at the following podcasts and make notes about:Cancun http://news.bbc.co.uk/1/hi/programmes/documentary_archive/6246041.stmLiving on a dollar a day http://www.bbc.co.uk/worldservice/documentaries/2007/12/071227_dollar_a_day_1.shtmlMarkets in coffee and cottonhttp://news.bbc.co.uk/1/hi/programmes/documentary_archive/6609141.stmSee you later Mr W

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-31211936576943021602008-01-14T08:19:00.000+01:002008-01-14T08:23:46.955+01:00

Many apologies all for not being here, but I have to go to the airport. Many thanks as well to the many of you finished work late last night and emailed me (Anna, Josef, Ondrej S, Pavel S, Matej, Martina, Pavel P).I will be back later today, so you can complete work and hand it to me before the end of today.You can revise for the test using the links from previous posts. There is plenty to look

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-8796133869971984542008-01-11T08:34:00.001+01:002008-01-11T08:49:03.484+01:00

For the test, you should know (and there are links on the blog for a lot of these things)Profit and Loss AccountCashflow Forecasts and statementsBalance SheetsRatio analysisSources of financeOwnership of companyI should have work from you on (most of these are on the blog):Sources of finance activityComparing 2 companies accounts with ratio analysisNottingham ForestManchester Airport / Cameron's

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-9491412958205103962008-01-11T08:30:00.000+01:002008-01-11T08:32:10.712+01:00

Try these sites for revisionhttp://www.bbc.co.uk/schools/gcsebitesize/business/http://tutor2u.net/revision_notes_accounting.asphttp://www.bized.co.ukMr W

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-86452953220343419182008-01-10T11:19:00.001+01:002008-01-10T11:19:37.233+01:00

http://www.bized.co.uk/learn/economics/firms/index.htmhttp://www.bized.co.uk/dataserv/chron/news/2465.htm

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-57661796720099908552007-12-10T08:19:00.000+01:002007-12-10T08:24:16.880+01:00

Hmmm,I think we're probably all agreed that Friday didn't make much sense. I thought that giving you a worksheet and getting you to work through it, you would learn the material along the way. I probably gave you too much to chew on, though. Apologies.So! Let's have a look at sources of finance again and make sure we're happy with all of that:http://www.bized.co.uk/educators/16-19/business/

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-43229071452559048432007-12-05T08:15:00.001+01:002007-12-05T08:16:30.663+01:00

Time to find out about Structural Adjustment Policies. If you have a look through Zambia's debt problem, you'll see what policies the IMF has put in place.http://www.bized.co.uk/virtual/dc/trade/bank/issue1.htm

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-17991983069805853652007-12-03T08:23:00.001+01:002007-12-03T08:27:40.622+01:00

Now that we know a little more about cashflow, let's have a look again at:http://www.bized.co.uk/learn/business/accounting/cashflow/simulation/game.htmIf you've finished going through this, time to start having a look at a real company:http://www.bized.co.uk/virtual/cb/factory/production/worksheets1.htm

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-3524579644700327772007-11-30T10:55:00.000+01:002007-11-30T10:56:19.966+01:00

http://www.bized.co.uk/virtual/dc/works/debt.htm

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-54706878649442949632007-11-26T08:35:00.000+01:002007-11-26T08:36:10.371+01:00

And some quizzes to test what you've learnt:http://www.bbc.co.uk/schools/gcsebitesize/business/csquiz/accountingprinciples.shtmlhttp://www.bbc.co.uk/schools/gcsebitesize/business/csquiz/accounts.shtmlhttp://www.bbc.co.uk/schools/gcsebitesize/business/csquiz/cashflow.shtml

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-77653957733978340312007-11-26T08:14:00.000+01:002007-11-26T08:17:47.562+01:00

I'm hoping this presentation about cashflow should workhttp://tutor2u.net/business/presentations/accounts/cash_management/index.html#If it doesn't, try this one:http://www.bized.co.uk/learn/business/accounting/cashflow/simulation/index.htmThen have a look at working capital:http://tutor2u.net/business/finance/workingcapital_needs.htm

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-50503929497874473502007-11-23T13:30:00.000+01:002007-11-23T13:35:13.414+01:00

Hi Year 6,You may well find these links useful for looking at growth:World bank macroeconomicsUN HDI reportsMr W

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-73697509831256683872007-11-19T08:18:00.000+01:002007-11-19T08:20:23.854+01:00

So! We've looked at Profit and Loss accounts and we've looked at Balance Sheets. It's time to have a look at the amount of cash in the business:http://www.bized.co.uk/virtual/bank/business/planning/financial/step2.htmHave funMr W

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-75416260245044756952007-11-13T00:23:00.000+01:002007-11-13T00:24:57.601+01:00

For those of you researching global warming (all of you in year 5!), you may want to look at:http://news.bbc.co.uk/1/hi/in_depth/629/629/7074601.stm

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-24370125066761054242007-11-12T08:02:00.000+01:002007-11-12T08:04:57.679+01:00

Have a look at the following information on ratios analysis. You should work down to the end of Analysis 3 on liquidity, completing the activities as you gohttp://www.bized.co.uk/compfact/ratios/intro1.htm

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-38056503435454735932007-10-29T08:34:00.001+01:002007-10-29T08:34:38.308+01:00

http://www.bized.co.uk/educators/16-19/business/strategy/activity/busownership2.htm

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-11783318085160083152007-10-15T07:32:00.000+01:002007-10-15T07:41:59.420+01:00

Hi Guys,Work for today is the magnificent simulation:http://www.bized.co.uk/learn/business/accounting/cashflow/simulation/index.htm

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-51682807158769172142007-10-08T07:41:00.001+01:002007-10-08T08:02:52.372+01:00

Today we're trying to find the employment by sector and output by sector for the Czech economy around 1990 and 2006. Don't worry if you can't find the exact years - a couple of years either way is fine.Search linkshttp://www.google.co.uk/ (make your searches specific!)http://www.wikipedia.org/http://www.cnb.cz/https://www.cia.gov/library/publications/the-world-factbook/Activity and Homework (for

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-53919950483487161592007-09-05T09:34:00.000+01:002007-09-05T09:35:12.748+01:00

For those of you trying to seek me out, my office is now in room 008 (Music room office).

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-36033395286709035572007-05-20T09:18:00.000+01:002007-05-20T15:52:00.293+01:00

In reply to Barbora, and to all of you out there, I know if you could get away without revising some sections, some of you may take that option:Looking at the last 2 summer's worth of exams (which are available on the blog):May 05 SLPaper 1: Choice of 1 Essay from 4 on sections: 2, 3, 4, 1/5Paper 2: 3 questions out of 5 on sections: 2, 3, 4, 5, 5May 06 SLPaper 1: Choice of 1 Essay from 4 on

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-60235446218088879532007-05-17T15:17:00.000+01:002007-05-17T15:31:45.290+01:00

In addition to today's revison, we're having another revision session tomorrow (Friday) starting at 2:30 till about 4:00-4:30 in room 111. (Don't worry, we'll still have the session on Monday morning).Come join the party.

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-87312528165712325532007-05-16T22:28:00.000+01:002007-05-16T22:33:13.454+01:00

Hi All,Apologies for not posting sooner - couldn't until I knew how the exams panned out.However! Revision Session tomorrow 10:15-12:15. We will meet in the refectory at first and possibly find a room after that (we may have to move in the middle because of classes). I should be free in some of the afternoon for those of you who don't have exams on, so if you need to find me, come along or

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-68512286811140982472007-05-12T11:39:00.000+01:002007-05-12T11:41:48.614+01:00

For those of you looking to apply to universities in the UK, I've set up a website at:ucasontoast.blogspot.comFor those of you who don't already know, I'll be taking over the UCAS university role from Mr Rossall next academic year.Mr W

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-44003240870249595342007-05-11T14:50:00.000+01:002007-05-11T15:18:17.154+01:00

One billion people on the planet are too poor, too hungry, too disease-burdened, too bereft of the most basic infrastructure even to get on the ladder of development. The rich world seems to be believe, despite all the fine speeches (and there have been many), that this doesn't really matter, because the actions of the rich countries don't begin to address this problem. We are leaving ten million

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-65997155393016127582007-04-30T15:43:00.000+01:002007-04-30T15:44:59.773+01:00

Wikipedia has a revision guide which is worth looking at if you're bored with some time to kill (or have IB exams coming up!)http://en.wikibooks.org/wiki/IB_Economics

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-55607454668620391252007-04-25T22:45:00.000+01:002007-04-25T23:01:49.348+01:00

For the year 5s who are trying to work out real GDP for different countries:Find a list of figures of GDP for the last few years, e.g.2000 - $100 billion2001 - $105 billion2002 - $110 billion 2003 - $115 billionWe can work out from that the percentage increase in GDP each year e.g. $105 - $100 = $5$5 /$100 x 100 = 5%However, these are only nominal statistics. We need to combine these with the

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-16361597487180027232007-04-18T13:00:00.000+01:002007-04-18T13:27:32.221+01:00

Though I'm not uploading the mark schemes, there are some more past papers at the link below.http://base.google.com/base/a/1543614/D1755735407837280505If you can show me you've done some work on them, then I'll give you the mark scheme for them.Have funMr W

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-6403340181424728282007-04-18T07:51:00.000+01:002007-04-18T08:20:01.878+01:00

I have now uploaded the mark schemes for the past papers below which can be found at:http://base.google.com/base/a/1543614/D13208440222399794706Don't just try to learn mark schemes, though. It's not that helpful. I will also upload a set of papers without a mark scheme which, if you bring me some work on, I will be more than happy to give you the mark scheme forMr W

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-52989835173299011022007-04-17T09:22:00.000+01:002007-04-18T08:20:01.879+01:00

There are some past papers online at the address below. Some of them you will have seen before. If you want the mark schemes, come and see me!http://base.google.com/base/a/1543614/D2679434569799006787Mr W

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-24171991121158155692007-04-15T19:31:00.000+01:002007-04-18T08:20:09.156+01:00

Hi All,Many apologies of course, but I figured out why the revision guide from the library wouldn't upload - apparently I can only upload up to 20 MB files and this is around 80 MB. If I emailed it to you all, many of your email providers would reject it also.With no more excuses, I will tell you that I've uploaded it onto sharebigfile.com. You'll need to enter the code at the bottom of the page

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-79292573245120642692007-03-27T08:02:00.000+01:002007-03-27T08:06:20.190+01:00

Do you believe the Central bank governor or do you think she's bluffing? Might be worth talking about in a commentaryThailand will not put ceiling on baht-c.bank

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-62901753383596207332007-03-22T20:57:00.000+01:002007-03-22T21:15:40.203+01:00

I never stop talking about it, I know.Some ideas from a recent IB examiners course are in the PowerPoint presentation below. Please take note!http://base.google.com/base/a/1543614/D16097099734123917191Mr W

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-24411377977983552222007-03-22T19:27:00.000+01:002007-03-22T21:15:47.622+01:00

I've uploaded a pdf file of the revision guide in the library so that you don't all have to fight over the same one.HOWEVER!I do so with the following warnings:It is not absolutely comprehensiveIt doesn't always explain ideas, just gives the outline of themIt will not in itself answer essays - you need to do some work on brainstorming essay answers and logical idea flows (A > B > C)IT DOES NOT

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-88187618230258686172007-03-20T10:26:00.000+01:002007-03-22T21:15:55.181+01:00

I've received from a friend of mine some macroeconomics notes which you may find useful for revision or if you want another way into the topics. You should be able to get them at:http://base.google.com/base/a/1543614/D4917446654718508178Mr W

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-44255812800130553632007-03-20T09:35:00.000+01:002007-03-22T21:16:05.138+01:00

Hi All,I'm sure I've said it many times, but if you stlil need guidance on finding sources:Google News search what you want to write your topic on (monopoly, merit goods, externalities etc) and this should give you some ideas of which topics to look at. Then search again for news articles whichare about that topic (oil prices, state monopolies etc). Alternatively, check out the news feed on the

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-25662626270205770712007-02-25T23:19:00.000+01:002007-03-22T21:16:14.745+01:00

I know a lot of you have been thinking about doing and EE in Economics, which is great news. I'm happy to supervise you so long as you have a good title and idea about what you are doing with it.An extended essay is a daunting task in any subject area. It is good to think that an EE is written not to describe something but rather to solve a problem or to provide an answer to an interesting

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-29905072311014473592007-02-25T16:39:00.000+01:002007-03-22T21:16:14.746+01:00

This is taken from the last page of the Internal Assessment booklet. I know that if you're not careful some of you will never get that far, so I thought I'd bring it to your attention here...Advice for StudentsThe following may be valuable advice when preparing work for the commentaries.• The portfolio is worth 20% of your final mark at higher level and 25% at standard level. A goodportfolio can

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-69843372609325953272007-02-15T19:26:00.000+01:002007-02-16T10:47:13.078+01:00

For the benefit of the Year 6s who know how much I love Zambia!, a link to a relevent story about their debt problem from today's news: Zambia loses 'vulture fund' case

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-29598696223755055612007-02-15T10:21:00.000+01:002007-02-15T10:26:12.218+01:00

PLEASE, PLEASE, PLEASE! If you are emailing work to me, try to remember that I will have 20 or 30 pieces all titled "Eco homework." It doesn't make it easy to look for a piece of work on my computer. Label it with your name and title of the work. Hopefully you will remember to do the same for when you leave school - it's not helpful when applying for a job to email files called "cv.doc"...

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-67241258849732778302007-02-12T16:16:00.000+01:002007-02-12T16:15:23.424+01:00

Follow the link below and you should find some example Economics Extended Essays and Marks. There is a range of essays, from ones scoring 3/24 to 21/24. Learn from them!http://base.google.com/base/a/1543614/D1581990987395767806I've also changed the post about the extended essays below - I think I had the wrong link to the file.Mr W

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-41617616988350015402007-02-09T14:02:00.000+01:002007-02-09T14:00:05.221+01:00

Have a look at the links below to find out more about the motivation theories of Herzberg and F.W. TaylorHerzberghttp://www.businessballs.com/herzberg.htmhttp://en.wikipedia.org/wiki/Frederick_Herzberghttp://www.tutor2u.net/business/people/motivation_theory_herzberg.asphttp://www.netmba.com/mgmt/ob/motivation/herzberg/F.W. TaylorSome of Taylor's essayshttp://www.tutor2u.net/business/people/

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-56699571151465036012007-02-09T13:58:00.000+01:002007-02-12T16:28:59.123+01:00

Follow the link to the IB Extended Essay guide. Read with great care about your choice of essay topic - it's not about the history of an idea or copying and pasting a text book!http://base.google.com/base/a/1543614/D7395746831197244320Mr W

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-73064410887377195122007-02-09T13:31:00.000+01:002007-02-09T13:50:55.273+01:00

I'm sure you remember the test well. Mark scheme is below. Make sure you read the introduction part which tells you how it is being marked (essentially graded by levels of your knowledge and evaluation).Short-answer questionsThe assessment criteria apply to all questions. Each question is worth [10 marks].Level 0 Inappropriate answer. 01 Limited knowledge but some basic points made. There may be

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-85379750263656778172007-02-07T14:10:00.000+01:002007-02-26T14:52:54.418+01:00

Hi All,this will only be of great importance to the year 5s, but I'm going to put up a list of commentary ideas. I'll keep adding to the list over time.Make sure:Articles are recent - i.e. no earlier than the 6 months before the start of your IBArticles come from different sourcesYou cover enough sections of the syllabusIf you've already used a particular source, try doing a Google News / Google

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-79443163772074701412007-02-06T09:10:00.000+01:002007-02-06T09:12:09.892+01:00

I'm not sure if this will work, but there should be uploaded IB files (Economics guide and internal assessment guide) at:http://www.google.com/base/a/1543614/D13995245545295215153Mr W

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-20557629752295536792007-02-05T20:43:00.000+01:002007-02-05T20:51:34.693+01:00

Welcome to Economics On Toast. I know I should have written this as the first post, but, I was so excited about the test (as I know the year 5s are) that I couldn't wait to get writing about it.Hopefully I'll be able to post what sections we are covering at the moment and some useful links to sites which might help your studies. Any suggestions greatly received.Happy economixing.Mr W

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.comtag:blogger.com,1999:blog-4943123525964929882.post-16814857342379866422007-02-05T20:12:00.000+01:002007-02-05T21:15:11.661+01:00

It's just what you always wanted - a test on section 2.You should be answering the question:1. (a) Explain how a monopolist may be able to earn supernormal (abnormal) profits in the long run.[10 marks](b) “Production by a monopolist will always be against the interests of consumers.” Discuss.[15 marks]The mark scheme is below for those of you who read this - the first part is the general

Mr Whttp://www.blogger.com/profile/10370633316930546692noreply@blogger.com