Jacob Solomon's group - M2015(B)

This article is a brief analysis of Australian government's investment in research and points out that the amount of money invested is decreasing. It also presents possible future implications of this state of affairs.

This is an article on how Russia's central bank will address the sharp oil price drop. This article relates to what we are doing because it talks about the strategy of the Russian central bank. the central bank is a key tool for the monetary policy, which we are covering right now. Also this article briefly mentioned balance of payments, and the negative consequences of the bank failing to address this issue. It was a very interesting read.

Secret negotiations over the Trans Pacific Partnership (TPP) free trade agreement have apparently been breached by another leak of material which shows Australian consumers could pay more for cancer medicines and face criminal penalties for non-commercial copyright breaches.

The article concerns the recent reveal by WikiLeaks of free-trade agreements between the nations of the Trans-Pacific Partnership (members include the United States, Japan, Australia and Singapore). The article states that Australia has made considerable concessions to nations such as Japan and the US by permitting increases in regulation over intellectual property, specifically for cancer related drugs. The new regulation could mean that government permitted monopolies could be extended, meaning patients may be forced to pay more for treatment for longer periods of time.

This article explains how the recent stand-off crisis in Ukraine is having a negative effect on the Russian economy, with the Rouble taking a further fall and GDP growth estimates being revised downwards. Predictably sanctions imposed by the west on Russia in response to the occupation of Crimea, an autonomous region of Ukraine populated largely by ethnic Russians, have affected businesses in Russia. We learn from the article that some $60 billion valuation has been lost by Russian companies in light of the tensions. This article relates to the macroeconomic concept of circular flow being a complex process with international trade and governments being involved majorly in proceedings.

This article is about the changes in price of the copper in China. And how that changes affect on aggregate demand of China.

This article is dealing with the economy in the U.S. It starts with stating that consumer confidence is stabilized, which could be because of the growing economy in the U.S. For example, the sales in U.S. and overseas are strengthen. One could also see from this article that the amount of people being fired from their jobs decrease which contributes to a growing consumer spending. Although, the demand for capital goods and military aircraft is becoming weaker.

I found this article interesting even if it still has to do with microeconomics. I tals about the meat monopolistic competition in U.S. that is more of a monopoly than a perfect competition. It describes how the monopoly have negative externalitites because of poor animal treatment and conludes by stating that the market should become more competitive and differentiated.

this article talks about how a policy change could affect aggregate supply. It is quit hard to understand but it is very interesting. Of course this is from the point of view of an economist, Paul Krugman 

I just read this incredibke article that has to do with many things in microecon. It talks aboup the rice industry in the philippines. More specifically, about the competition between the local producers and a monopoly that involves importation. It is an actual situation where you have Monopoly vs. perfect competition. You should read it!!!

This article talks about five important economical problems

("Growth in 2013-14 is likely...) NEW DELHI: In its macroeconomic Review of the economy, the Reserve Bank of India has underlined various risks to a sustained recovery for the economy. RBI is of the opinion that a durable domestic recovery remains contingent on addressing persistent inflation and bottlenecks facing the mining and infrastructure sectors.

This article deals with the fact that the company Fresno County has little aggregate reserves compared to its competitors. This means that they cannot produce as much as they would need to in order to keep its business going.

The cost of meats, fish and eggs led last month to the biggest increase in food prices in nearly two and a half years, according to government data. An index that tracks those foods rose 1.2 percent in February and has climbed 4 percent over the last 12 months. This article outlines the effect of diminishing supply on national food prices. The example featured in this brief article is on the increase price of breakfast foods in the United States.

This might look like a very short article, however, i found it to pretty much sum up the whole theory, Aggregate demand is influenced by the government and hence decisions must be taken to increase aggregate demand. However, they must pay attention to other factors such as inflation and unemployment. this is what happens in real life. It is not just making the decision or finding a solution, it is also considering consequences and real needs and the ability to conduct a change. 

This article explains how rising AD has lead to house prices rising exponentially in Sydney, Australia. Houses are selling for around $1 million AUD over reserve and a three bedroom apartment recently sold for $4.3 million breaking the $3 million reserve. The rising demand for houses is typical of economies at the moment as most workers want to move to large cities to secure jobs. 

This article describes the great aggregate demand in the housing industry in Sydney, leading to massive consumer spending. People are buying houses way over their selling price, because the aggregate demand is so high. 

This article discusses how the low inflation is simply the reflection of a week aggregate demand.

This article is talking about how the unemployment has gone down. Even decreased more than expected. It also discuss how the parties have been thinking about the unemployment in the US.

the article shows the pace of growth of Britain's economy based on GDP in different period of time.

This article is about the GDP of China. The government is trying to keep the GDP unchanged from last year. In 2013 it was 7.7%. But now, there are some challenges facing the economy in China.

The attached article concerns the apparent recovery of the British economy according to the business lobby group 'British Chambers of Commerce'. They forecast economic growth to reach 2.8% this year (a rise of 0.1% from previous forecasts). This is extremely pertinent given the imminent announcement of the new government budget on March 19th.

This article discusses the italian GDP.