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Check our BLOG posts to see the latest aricles and news reports relevant to Business and Economics - Click HERE to our BLOG

Budget 2017: Philip Hammond hopes to prove grim forecasts wrong

A useful link relating to yesterday’s budget - http://www.bbc.co.uk/news/uk-politics-42089984 linking to Fiscal Policy / Macroeconomic Policies in a Global Context

Specification References:

Edexcel 4.5.4 Macroeconomic policies in a global context

AQA spec reference 4.2.5.1 Fiscal policy 

OCR spec reference Page 21 Fiscal policy

 

UK economy may not withstand interest rate rise – S&P…

A good article specifically relating to Interest Rates https://www.theguardian.com/business/2017/oct/04/uk-economy-not-withstand-interest-rate-rise 

Edexcel spec reference 2.6.2 Monetary policy instruments: interest rates               

AQA spec reference 3.2.4.1 Know how changes in the interest rate affect macroeconomic performance.

OCR spec reference Page 22 Explain how interest rates can be used to influence macroeconomic variables

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Another useful article on new technology (relevant to research bullet point 2) for use with the pre-released Context for Edexcel’s A Level Business Paper 3 exam on the Health & Fitness Industry:  http://clubindustry.com/design/designing-around-new-technology-fitness-industry. We will be referring to these influences amongst others in APT’s Complete Context Companion for the Edexcel Paper 3 Context, which is due to be published in a few weeks’ time but can be pre-ordered now.

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Useful article for AS/A Level  #econ1 #marketfailure #externalities http://www.bbc.co.uk/news/health-38506735 … #aqa #edexcel #ecbusteach http://www.apt-initiatives.com/AS__Level

Edexcel Specification References
1.3.1 Types of market failure 
1.3.2 Externalities

AQA Specification References

3.1.5.2 The meaning of market failure
3.1.5.4 Negative externalities

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A useful article for #aqa #edexcel #ALevel #Economics, particularly for these parts of the spec:

Edexcel Economics
3.4.5 #Monopoly
3.6.1 C
3.4.7 #Contestability

AQA Economics
4.1.5.6 #Monopoly
4.1.5.9 #Contestability
4.1.8.8 #Privatisation

http://www.transport-network.co.uk/Grayling-wants-to-strip-Network-Rail-of-monopoly/13571

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Useful link http://www.independent.co.uk/news/uk/home-news/britains-divided-decade-the-rich-are-64-richer-than-before-the-recession-while-the-poor-are-57-10097038.html relevant to OCR GCSE Business A293 (Bowton Mountain Festival) relating to the rich / poor gap.

Amazon to start selling food from Morrison's, this ground-breaking tie-in shows the dramatic shift in grocery shopping #buss4 https://www.theguardian.com/business/2016/feb/29/amazon-is-to-start-selling-fresh-and-frozen-morrisons-food?CMP=Share_iOSApp_Other

Retail spending moves further online, as ‘consumers no longer think in channels’#buss4 #ecommerce  http://internetretailing.net/2016/05/online-sales-growth-slows-proportion-sales-taking-place-online-grows-brc/

Lots of mini quizzes included in our Complete Revision Buddy for #OCR #GCSE #A293 #Business tinyurl.com/hop96cx 

This was the erratum issued on November 20th 2015: http://www.ocr.org.uk/Images/269943-unit-f585-stimulus-material-june-2016-erratum-notice.pdf 

OCR examination board have recently updated the F585 Global Economy stimulus material and have uploaded an Erratum Notice onto their website stating that there are errors in the pre-release Special Study Material which they had already issued.  This concerns p.8 on Extract 3, in particular the data in Fig. 3.1 of the stimulus material.  The date change from 2001 to 2000 and the rounding up of 83.8 to 84 are insignificant but the changes in figures for mean years of schooling, expected years of schooling and GNI per capita are all significant since they lead to different conclusions about the trend in the statistics.
 

We have, therefore, updated our Companion for F585 Global Economy June 2016 Pre-release Material on Globalisation Issues and Zambian Economy to take into account these changes from OCR. 


For those working on the AQA BUSS4 Research theme… The ONS produced a statistical bulletin on E-commerce and ICT Activity.  The most recent bulletin (relating to 2013) can be accessed here:
http://www.ons.gov.uk/ons/dcp171778_387514.pdf Students should subsequently look out for the 2014 bulletin due to be published at the end of November 2015.


The OCR F297 strategic management June 2016 case study is on a recycling business called Verdant Ghar Ltd
http://www.ocr.org.uk/qualifications/as-a-level-gce-business-studies-h030-h430/


A great article relevant to numerous Business Studies courses.  It highlights the impact of external social factors on businesses, which provide threats to some, and opportunities for others.  It concerns the trend for healthy eating and drinking and the negative impact this has had on the sales of Coca-cola.  
http://www.managementtoday.co.uk/news/1334822/coca-cola-crushed-real-thing-aint-used-be/


A relatively useful article for use with the AQA BUSS4 Pre-released Research Theme on Manufacturing in the UK – some snippets of information on the impact of exchange rates on BAE’s sales and government investment - http://www.bbc.co.uk/news/business-31542179



OCR pre-released June 2015 F292 Business Functions Case Study on Que Rico Ltd (QRL).

2 useful articles which help to understand QRL’s (pretty dire) financial situation - the difference between negative equity and insolvency:
http://smallbusiness.chron.com/difference-between-insolvenc…;http://moneyterms.co.uk/technical-insolvency/ . The APT analysis is due to be published on 27 February 2015 
http://www.apt-initiatives.com/…/Analysis_of_OCR_AS_Busines…

Fantastic source of information for many aspects relating to the AQA BUSS4 Research Theme:-

http://www3.weforum.org/docs/WEF_MOB_FutureManufacturing_Report_2012.pdf

The Manufacturer is a great source of information for the BUSS4 Research Theme on Manufacturing in the UK - their automation and robotics supplement for 2014 is especially useful for up to date information and real life case studies on the impact of technological change:-
http://www.themanufacturer.com/wp-content/uploads/2014/09/AUTOMATION-SUPPLEMENT-2014-20-08-2014.pdf


Useful link for the AQA BUSS4 Manufacturing in the UK theme - relevant to the changing importance of manufacturing over time: 
http://www.ons.gov.uk/ons/rel/census/2011-census-analysis/170-years-of-industry/170-years-of-industrial-changeponent.html



Useful link for the AQA BUSS4 Manufacturing in the UK theme - outlining typical manufacturing technologies used today:
http://www.amtonline.org/aboutamt/WhatisManufacturingTechnology/

Useful link for the AQA BUSS4 Manufacturing in the UK theme - a detailed report on nanotechnology: 
http://www.matuk.co.uk/docs/Nano_report.pdf



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