Global Context of Modern Business

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Tutorial 11

Macroeconomic Stability

Activity 1

• Read the ‘House of Commons Library -Standard Note SN/6385 - 2012’ on unemployment and ethnicity in the UK

• Proceed to synthesise the main descriptive statistics and identify

– Potential social/economic costs of unemployment across ethnicities

– Reflect on how the Coalition could provide mobility opportunities to the marginalised

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Activity 1

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Source: ONS 2013

Activity 1

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Activity 1

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Activity 2

• Read Mini-case 7.4 ‘Nationalising British Banks’ p199 in Wetherly and Otter (2011)

• Hold a debate within the groups of 5/6 on

– Where half of the group argues for and the other half of the group argues against letting a UK bank such as Northern Rock – go bust

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Activity 2

• Towards the end of 2008

– (result of irresponsible lending)

• Accumulation of bad debt

• Flow of credit ceased

• Financial turmoil

• No inter-bank and bank-consumer lending

• UK authorities poured cash into troubled banks

• Part-nationalisation

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Activity 3

• Read the exerts of ‘Chancellor George Osborne’s Autumn Statement 2013 Speech’ and discuss the expected benefits of each fiscal policy

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Assignment

• Introduction

– A clear paragraph to set the background and introduction

• Structure of the essay

• Context of discussion

• Aims and objectives

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Assignment

• Main body

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Assignment

• Conclusion

– A clear paragraph to summarise the key points from discussion

– Restating the main question and/or aim of the essay

– Summary of what has been discusses (attributes, relationships and associations discussed)

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