The Eighth Billionth Person

When we return to school on Monday, the 8 billionth person will be born...... and  named by the UN.

This interactive feature from the BBC might amuse you for a few minutes

BBC News - 7 billion people and you: What's your number?:

For those who would like to understand how a booming population affects the allocation of scarce resources, should read this report from the Economist here

'via Blog this'

Upper Sixth Homework - Protectionism

EdExcel specification : examine case of protectionism currently in the news.

Research and write about two recent cases of recent protectionism

Criteria

For each case:

• Explain why the govt might have used a protectionist measure
• List possible positive and negative economic consequences
• Brief judgment of their decision

• should be around 2 sides of A4

Start by using this website : http://www.globaltradealert.org/

Then continue researching using the Economist website, google news and quality newspaper websites and of course - the BBC.

Year 11 HomeworkRole of MNCs

Dear Fifth Line,

I know. I know, you've spent your entire Captain's Day with your finger on the refresh button, well it is here at last:

http://video.google.com/videoplay?docid=6385037080808813877#

1)Watch the video clip.

2)If you were managing a games programming company, list reasons why you might invest in India.

3)Write a paragraph explaining how MNCs can raise living standards
Criteria :
use of terminology
linkages
counter-argument included

How typical are you?

Negative Externalities of Growth in China

Upper Sixth - Globalisation Notes

Let me know if this link works using comments

Notes on globalisation

Best Performer of the Decade

Dear Upper Sixth

I know at least three of your who would have read that headline and thought, "he's referring to me". Alas I am referring to Germany, which outperformed the other six countries in the G7.

From the Economist:

Economics focus: Vorsprung durch exports | The Economist

Globalisation Debate

Revised Title : "This house believes that the positive consequences of globalisation outweigh the negative"

Revision, revision, revision of Globalisation and Trade

This was my major topic for unit 4. Handily, Tutor2u have produced a collection of all their posts on the topic.

It is here

Globalisation Arguments For and Against

A five minute video explaining the advantages and disadvantages. Brilliant. And a great example of the benefits of globalisation. Some guy wants to take the time to explain it and, thanks to the world being more integrated through improved communication technology, you get to see it AND I don't have to prepare a lesson on it.

Globalisation : everyone's a winner.............

............ or - more accurately - everyone's a winner except garment manufacturers in Bangladesh, but the first slogan's catchier, eh?

It is here

Outsoursing Work from America. Another Gem From the Onion

More American Workers Outsourcing Own Jobs Overseas

We Are A Global Brand!

A big hello to our visitors from abroad - visitors from this site come from wide and far - South Africa, the United States, the United Arab Emirates (recently featured in a starter activity!), France, Nigeria, Singapore, Greece, the Netherlands . . . and from the other side of the globe - Australia.

The picture shows from where our visitors originate

Ignatian Economics : serving the world!

Upper Sixth Homework

On Thursday you will be writing an essay under exam conditions.
Part (a), worth 40 marks, will be on the causes of globalisation
Part (b), worth 60 marks, will be on sustainability and the environmental impact of globalisation.

In the unit 6 booklet, as yet un-named, there is a chapter on the environment - read it, take notes on it, come see me if you are confused by any of it.

From the Guardian

From the BBC

A useful link here.

Also worth checking out Friends of the Earth, World Development Movement and Oxfam websites.

For the real brave, try these people

The essay will be graded against exam board criteria.

Tense times, gentlemen, tense times.

Deglobalisation : the consequences

From Newsnight, a clip  which looks at the rising tide of protectionism.  We are living through the largest trade contraction ever.  Exciting times, people, exciting times.

And here  another clip which looks at how the financial crisis is hitting jobs in Germany, Brazil and China.

Both clips show how we are more integrated as a world and the extent to which we all rely upon world trade.

Global Meltdown - an event

On 28th February an event called 6 Billion ways is taking place in Bethnal Green.  Given that globalisation is a topic you need to fully understand I strongly encourage you all to come along.  Details here and you can register through Facebook.  It is being hosted by the World Development Movement

Globalisation hubs

The Guardian and the BBC are good at this.  Other media organisations might be too.

Here  is the Guardian's collection of articles relating to globalisation

Here  is the BBC's collection of articles.

Also, have a look below : someone has commented on Liam's post about globalisation : Liam has made an enemy in the blogosphere!  

Definitions of Globalisation

Globalisation is the expansion of many businesses into markets throughout the world, marked by an increase in international investment, the proliferation of large multinational corporations, worldwide economic integration, etc.

Globalisation is a way to describe cross - border relations; it describes the growth in the connectivity and the interdependence and international exchange of the world's markets and businesses.

It refers to the process of removing government imposed restrictions of movements between countries in order to create an open business world economy.

Also social structures of modernity are spread the world over, normally destroying pre - existent cultures and social self determination in the process.

The increasing world-wide integration of markets for goods, services and capital.

The greater integration between individual economies in the hope for the formation of a single economic unit through trade, foreign direct investment, migration and the spread of tecnology without barriers to any forms of trade.

The process in which various countries and cultures from around the World become more closely intertwined. this is partkly due to the development of information and communications technology e.g. computerisation of the financial markets and communication systems.

The result of politicians attempts to to breakdown boarders of hampering trade to increase prosperity, interdependence , exports and decrese the chances of a future war.

Toys from China

Watch this video clip here

Questions for AS students

(a) What are the different factors which are affecting the Chinese demand for toys?

(b) What are the different factors which are affecting the Chinese supply of toys?

(c) If Chinese manufacturers can easily switch to manufacturing slippers, what does this tell you about the PES of Toys?

(d) What does this clip tell you about China's economic development?

Questions for A2 students

(a) How does this highlight the problems of export-led growth?

(b) To what extent is the Chinese government attempting to raise living standards and why do you think they are?

(c) To what extent has globalisation aided economic development in China?

Globalisation . . .

. . a dirty word to many, but here Chris Patten argues for it. Globalisation is probably the biggest single topic we cover in unit 6 (Upper Sixth) and it covers so many areas of the specification. Read this article and form your own opinions. Is free trade a panacea?

the economics of cornflakes

It's hard to know how to classify the article below. It tkaes the reader through the history behind cornflakes and other cereals and explains how such an industry is in no small part due to the fact thatUS agricultural susidies totalled $165bn in the years between 1995 and 2005. Just five crops accounted for 90% of the money: corm, rice, wheat, soya beans, and cotton. That is why so much is produced and the surplus put into breakfast cereals

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