Andy's PJE 2013-15 SL Economics class

The business lobbying group said its growth indicator showed the economy hit an eight-month low in March after hitting record levels in February. However, the study of 622 business across the manufacturing, retail and service industries showed growth remained strong and above average as the UK economy continues to be revived.

In September 2000, 189 U.N. member states and more than 25 international organizations of public and private scope, committed themselves to the complex cause of extreme poverty reduction on a global scale. It was informally spoken of as the largest collective impact agreement at the time, marking history. Although this article is not about the HDI, it however about what affects the HDI, namely the MDG. The period for the MDG has expired and some progress seemed to have been made. The article mentions the reduction in gender inequality in primary education and politics but also notes almost no change in secondary and further education. The UN is currently compiling the new set of goals. The policy has proved succesful and will hopefully encourage success in the future.

A negative externality of smoking

Supply, technology, unemployment

This article talks about scarcity of different commodities and the impact this has on their prices.

This article "Opening the flood gates" illustrates the opportunity cost in building a dam on the yangzi river. The yangzi river contains a rare fish reserve as well as farmers reaping good harvest, the dam on the river will affect the good harvest from the farmers as well threaten several endangered species.

my article

this article is about how the price in brazil is increasing, and as the price increses the less ability for consumers to buy.

enjoy

The following article is about the high demand of the recently founded company Raspberry Pi which has begun creating single board computers, which is basically just the "heart" of the computer. They produce their computer chips at an incredibly low price of only 20 pounds per unit and have now sold over 1 million units do to large demand of the cheap processor. Due to its low and affordable cost it has become immensely popular and is predicted to grow even more over the next few years.

This article highlights the fact that in response to increasing demand, intel is investing $5bn in a new factory in Arizona which is considered to be "the most advanced high-volume semiconductor-manufacturing facility in the world." The factory will create about 1000 jobs, primarily in the higher-wage, higher-skill positions.

This article is about diary giant Arla opening a new £150 million factory in Aylesbury. This would create a total of 1,700 jobs from both construction and working in the factory itself.

This talks about Blackberry letting go of 40% of its workforce due to its anticipated $1 billion plunge in profits. Blackberry's share price has also dropped 17%. This was all mainly due to competition from others like Apple and Samsung, and also from its customers sticking to earlier phone models of the brand.

Atalia supplier warns over fuel supply

This article discusses the global crude oil supply prices which have been increasing because of the various countries having political unrest causing disruptions. The strong demand for the oil has increases the prices as the supply decreases. The various countries that have a significant decease in supply include Libya, Nigeria, and Iraq. The estimated barrels daily of crude oil disruptions reflect that Syria has been having a decrease in supply since 2011. The other factors that affect the prices include the seasonal demand pattern, which shows a decrease in demand in September and decrease further in October. The increases by non-OPEC countries mean that there is an increase of production such as in the US, which will offset the decrease in supply in Syria. Saudi Arabia always has a sustained output because it will provide higher income.

This is my article for this week's topic - supply/equilibrium/price mechanism. The article above relates to the supply of a renewable energy: the solar energy farm. My write-up can be viewed here: https://pamojaeducation-com.campuspack.eu/Groups/13.Y2.ST.ODP.MAY.ECON.SL.A/Nattanopthorns_Economics_Blog - Bee

this article shows how the challenges in the market decrease revenues in some companies.

Uranium supply and demand in balance for now. For more information, please check my blogs & wikis. :)

The demand of latex gloves is growing this article talks about. The company is facing to increase production.