Stuff to Read (12 Aug 2009)

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A fortnightly post is going to be made providing links to other websites which have stuff worth reading in terms of extension of classroom work as well as to keep up to date with current issues for those who will be writing their personal statement or preparing for interviews. If you’d like to suggest a link, you can do so by letting us know through the Contact page. We’re also looking for someone who will do this regularly!

This time round there’s an article on Singapore’s highly praised (from an economic viewpoint at least) health system, an article which appeared in The Economist magazine about debt and borrowing and for the more business-minded; a little bit about how to go about doing the numbers behind an iPhone app.

1. The Singapore Healthcare Model –  You may be familiar with this after reading a bit about it in Tim Harford’s book The Undercover Economist. This article delves a little deeper into the way the Singapore health system, which is said to be amongst the most efficient, works and hwo a combination of public and private funding helps provide a marketplace with more competition and hence greater quality of produce at reasonable prices.

2. Public Debt and dealing with the financial mess –  This one’s quite significant politically as well as economically. With quite significant deficits already built up, is increasing spending further through loose fiscal and monetary policies going to be prudent? If yes, how will this be funded and what will the consequences be? If not, what do you suggest instead? This article examines the dilemma and proposes various actions that should help. Complements the A-Level syllabus nicely!

3. Working out the potential for an iPhone app –  It’s interesting to see how the author calculates the likely demand for an iPhone app. Apps have been said by some experts to be ‘as big as the internet’… perhaps a bit of an exaggeration depending on how you look at it but you get an idea of just how big it’s thought they’ll become. The article uses some numbers too, something that both economics and business studies A-Level students don’t really seem to do much!

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