Economics Weekly 5 - 15th March
Its the end of the school week so kick back, make yourself a cup of tea and have a read of this week's edition of the Weekly 5. If anyone is unfamiliar with this regular feature it aims to provide you with a short summary of some of the most significant and interesting stories of the week across and within economics around the world. This helps keep you up to date with the news, whilst at the same time provide you with examples of economic theories and policies in action in the real world.
This week's top 5 Economics stories, as chosen by our EzyEconomics team:
Norway's Oil Dependency - The Norwegian economy is powered by the oil and gas sector, so why are they looking to diversify away from this sector?
Future Role of Capitalism - Capitalism is an economic system that is driven by incentives, but is it also a system that creates widening levels of inequality?
Greece's Recovery - The story of the devastation of the Greek debt crisis is a familiar one, but are there signs the Greek economy is recovering?
FCA Brexit Plans - The FCA is the main financial watchdog of firms in the financial sector, what measures are being put in place by the regulator to support firms post-Brexit.
Vaccination Policies - After a story broke in Italy this week about policies to bump up vaccination rates, we discuss the economic application of vaccinations in the context of externalities and market failure.
For each topic, we have designed a question to help your students use the skills they have developed in class and apply them to real-world situations.
Stay tuned for further editions of the Weekly 5 released on Friday's during term time!