Jacob Solomon's group - M2015(B)

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

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 discusses how to secure the UK's economic recovery. It is suggested that increase in employment and hours worked could restore economic growth. At some point, this increase will diminish due to growth in the aggregate demand combined with education and welfare reforms that results in a decrease in the available workers. However, it is argued that rising aggregate demand would lead to increase in the productively over time, but other reasons are holding back productivity growth. 

This article discusses how the Netherlands are finally picking up after a 2 year long recession. One of the main problems during the recession was that the Dutch citizens became afraid to spend money because they were unsure of their financial state in the near future. This caused a sort of glitch in the macroeconomic cycle of Holland, because people stopped spending and the companies stopped making as much income, therefore people got fired, and the cycle continues on. The economy in Holland is finally picking up and the GDP is said to rise by 0.75% this year.

This article discusses the italian GDP.

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

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.

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 economy in Malta. The macroeconomic challenges Malta have been facing are now no longer risks and imbalances in the economy. This is due to, among others, that the housing market has stabilized and the private dept is on the decrease. 

This article really relates to the concept of macroeconomics and how it is influenced. It illustrates how elections could affect macroeconomics in addition to external and foreign factors. 

This article is about the companies which have an oligopoly in the market in US.

This article talks about the on going oligopoly in the US with cell phone network providers.

The article is about regulating the petrol oligopoly in Pakistan. It argues that the petrol-firms under oligopoly set their own high prices, and the government is deregulating the prices but the prices are still too high. 

Oligopolies contain firms that operate at a profit maximizing level and that in the short run can have burst of price changes. These changes in prices are due to an instant attempt at increasing the market share, however this leads to issues for other firms as well as consumers. In order for this to be prevented, government regulation is an option. This article describes how instead of regulating the industry the government is operating it, and what problems this causes

This article discusses how british banks are an oligopoly and how they have ripped and are ripping customers.

This article refers to the current price feud between two of America's largest mobile phone providers, T-Mobile and AT&T. Having earlier employed aggressive tactics to try to gain consumers from AT&T, T-Mobile recently suffered a set back as a result of a counter-move by AT&T, who offered monetary compensation for those consumers switching from T-Mobile. As a result of the apparent price war, Wall Street has become increasingly concerned by the prospect of a dramatic loss of profits in the industry, as both firms may eventually settle at the so called Nash Equilibrium point.

This article details the rise of so called 'budget supermarkets' Aldi and Lidl in the UK taking market share from the 'Big Four' supermarkets Asda, Tesco, Sainsbury's and Morrisons. The supermarket industry in the UK is a prime example of an oligopoly, I'd argue that there isn't perhaps a better example anywhere as this market features all the tell-tale signs; the four supermarkets often compete in price wars, especially Asda, the store mentioned here. Also the firms often collude and fix prices across the board together. The market, however is changing with other firms entering the market to provide cheaper alternatives to the ' Big Four' whom so many consumers have become disenfranchised with.