Group items tagged

This article looks at what the Royal Bank of India believes could be harmful for the future. There are five main points, and one of them talks about the aggregated demand. There is hope for the aggregate demand to increase due to infrastructure projects coming through.

India is facing some macroeconomic concerns. Her economic recovery remains at slow rate. This causes weaknesses in aggregate demand and consumption demand.

This is an article describing how there is a decrease in demand for Indian coffee. The factor that caused this drop in demand was that large nations were looking for cheaper coffees. If the price of coffee is decreased, it is likely that the quantity sold would increase (demand curve)

This article is an example of aggregate demand. Its states that demand for energy in India would rise and outpace the aggregate demand of other countries like Russia, Brazil, and China. It is determined that India would become the third largest country of energy consumption in 7 years due to the overall demand of the nation's population.

Theis article talks about how Federal Reserve Chairman Ben Bernanke believes aggregate demand, not supply, is the reason of economic restraint and unemployment. For aggregate supply, economic activity, and GDP to increase, he believes that aggregate demands need to increase as well for the unemployed to produce these effects.

This article outlines how the demand for a certain book has increased the quantity of books produced. This is due to the particular taste of humour of the consumers, and shows how a non-price determinant has an effect on demand.

This article discuss the value of the price elasticity of demand for the iPhone. If calculated according to the equation for price elasticity of demand, the iPhone would have a brand elasticity of 4.7, which means that Apple would lose almost 4.7 percent of iPhone sales for each corresponding 1 percent increase in price.

This article talks about the demand of housing and the problems of estimating income elasticity of demand

Demand for gold is rising in China because more middle class families are trying to invest their money, and gold is practical for conserving wealth.

It is an easy example of how supply and demand work...

This article talks about how the demand of the imported coffee is staying the same (same price) while the supply is dropping due to weather conditions. Suppliers want the price to fall on the coffe to simulate more demand and help with the lower pay they are getting for their roast. This relates closely to my blog post about the decrease of exported coffee from India.

This article outlines the decrease in availability in foreclosure (aka mortgage, a real estate loan) in the area of Charlotte. As the availability of credit is a non-price determinant of demand, the demand curve has shifted to the left, which has changed the point of market equilibrium (when one graphs the price against the quantity of houses), and thus, the supply of houses in the area. This example clearly displays how shifts in the demand curve affect the overall market equilibrium, through the nature of the price mechanism.

While the article as a whole discusses factors of growth and their effects on each country for this year, some parts are devoted to aggregate demand. One such section describes the past recession, in which there was a shortage of aggregate demand, crippling the global economy. Since the growth of the economy, and businesses themselves, rely on consumption completely, lower consumption rates leads to a diminishment of both.

This whole article is just a review of what was said by an economist. The part I found especially important is towards the end of the first page, where he talks about how aggregate supply is sometime undervalued. The Commerce Department generally does not report on the aggregate supply, but rather they focus on aggregate demand. For the aggregate supply. the work actually needs to get done for it to happen. The work being labour and productivity.

This article talks about how the PED of tobacco is not as inelastic as once previously thought. The price of tobacco is increasing due to the government adding taxes, and because of the large increases in prices, the demand for tobacco is decreasing.

The demand for e-cigarettes is rising. Smokers want to change their lifestyle and become more healthy. The tobacco industry has to change its supply of products fast, because smokers are looking for helathier alternatives. Their tastes have changed.

This article talks about how the Commonwealth ticket sales increased in quantity. The popular sports caused people to buy more tickets to watch that sport. This shows how certain preferred things of people can increase sales. It can also affect the number of tickets bought the next commonwealth games. The number will probably increase in demand, thus the ticket will sellers make more money.

The Article i found is about the demand and supply on rubber gloves for doctors.

Due to extreme weather changes, droughts and floods are causing bad harvest all around the world. This causes corn and wheat supply to decrease and food prices to increase. Food however has a very inelastic demand. Food is a necessity and therefore people are willing to purchase it at higher prices. 

This article talks about how teams price their tickets in the inelastic portion of their demand functions. To ensure maximum attendance and revenue, they lower the ticket price in order for more people to buy.

An article about the elasticity on the Super Bowl Ticket prices. Increases from $1,250USD -> $2,600USD and $950USD -> $1,500USD. It shows that teams want to charge more per seat instead of filling up all the seats; they prefer a high elasticity

NFL Commissioner Roger Goodell, Giants' co-owners Steve Tisch and John Mara, Jets owner Woody Johnson, David Tyree, former Jets player Emerson Boozer, former Jets player Curtis Maritn, CEO of the NY/NJ Superbowl Host Committee Al Kelly attend the 'Join The Huddle' Road To Super Bowl XLVIII Kick Off Mobile Tour [...]