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Home/ EconM2015 September 2013/ Contents contributed and discussions participated by Talisha R

Contents contributed and discussions participated by Talisha R

Talisha R

Economic Development - 2 views

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    Education is a vital part of economic development, however, in this article it says that education does not lead to higher levels of economic growth. It says that education remains a good investment for individuals. The tougher question is whether education at all levels is such a great investment for societies as a whole.
Talisha R

Wider U.S. trade deficit, weak exports point to slower growth - 1 views

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    The Commerce Department said on Tuesday the trade gap increased 7.6 percent to $43.03 billion, ending four straight months in which the deficit had narrowed.Economists, who had expected a $40.00 billion trade gap in September, said the wider deficit could cut as much as a half a percentage point off that growth estimate.Exports in September fell 1.5 percent to $195.59 billion, the lowest level since April, a sign that weakening demand in key markets such as China and the euro zone was starting to weigh.A survey of U.S. manufacturers published on Monday showed a decline in a gauge of export order growth, suggesting exports will weaken further.Apart from slowing global demand, exports are seen crimped by a strong dollar, which so far this year has strengthened by about 4 percent against the currencies of the country's main trading partners.
Talisha R

Star-spangled spenders - 0 views

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    The article talks about how America's current account defecit has shrinked. This is due to a rising surplus in investment income and growth. Imports have decreased as American manufacturers have regained market share at home, also America has reduced offshore manufacturing in China due to the lower dollar and rising costs of foreign labour.
Talisha R

Graziadio Business Review | Graziadio School of Business and Management | Pepperdine Un... - 1 views

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    This article shows that when currency exchange rates change, businesses must adapt quickly. Knowing how a weaker American dollar is likely to affect a business may save some critical mistakes. It also talks about the implications of a weak dollar.
Talisha R

U.S Sugar Protectionism - 2 views

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    The U.S has placed tarriffs on sugar imports. The driving force behind this is that they want to "raise U.S. sugar market prices to a point where normally uncompetitive sugar farms will be able to compete with foreign producers." However, there is also a downside to these tarriffs as the high sugar prices due to tariffs cost the American economy $1.9 billion of deadweight loss a year.
Talisha R

Tariffs - 1 views

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    This article talks about how the US has imposed tariffs on importers of Chinese solar panels. The Chinese panels were being sold in the World market at a very low price due to subsidies that the Chinese government had been giving to solar panel manufacturers which resulted in the low selling price. Due to this, demand was high in the US for these panels as opposed to domestically made panels, therefore the aim of the tariffs was to increase the price of the panels so that people in the US would buy locally made panels boosting the local solar industry as opposed to the Chinese one.
Talisha R

Government Transfer Payments In The US: It's All About Health Care - 1 views

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    This article is about transfer payments in the US which is also part of the fiscal policy. The article talks about how 18% of personal income is in the form of transfer payments. They say this is a high figure mostly due to the recession and transfer payments were used as a method to stablise the economy.
Talisha R

India's economy grows faster than expected - 2 views

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    This article talks about how India's economic growth rate has picked up strongly. It shows how India has had many problems in the past including high inflation and a weak currency and a slowdown in the mining industry which have all slowed down their growth.
Talisha R

UK unemployment rate drops to 7.7% - 0 views

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    This article talks about how unemployment dropped from 7.8% to 7.7% in 3 months in the UK. The records also show that the amount of people claiming allowances has also fallen. This shows that job markets are recovering, also, it says that public sector employment has fallen while private sector employment has risen which shows that private businesses have recovered better after the recession.
Talisha R

US headed for another recession in 2014 - 0 views

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    This article talks about how a man named John. H Mankin thinks that a recession is going to happen in the US very soon. He predicted this based on past trends and by analysing the statistics. He saw that unemployment is above 7.5% and for the first time since 2011 the housing sector failed. He says that in 2011 and in 2012 the US suffered two growth declines and the fiscal and monetary policies used during those times will not work a third time thus resulting in a 'third-time unlucky recession of 2014'
Talisha R

Raising Minimum Wage - 0 views

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    This articles talks about how there has been an increase in minimum wage in America. Overall, the article says it is indeed a very good thing for the economy. Changes to labour costs mean that the increase in wages leads to increased costs of production which leads to a fall in aggregate supply.
Talisha R

Argentina's Wheat Exports - 0 views

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    This article talks about how argentina's wheat exports have decreased greatly over the past few years. Since agriculture is a vital industry in Argentina's economy, a decrease in exports decreases their aggregate demand.
Talisha R

US economic growth - 1 views

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    This articles talks about how there has been a growth in the US economy. The GDP has risen by 2.5%. This is due to exports, consumer expenditure and real estate spending. They exported more than they imported, since imports are leakages and exports are injections this helped boost their economy as the injections were greater than the leakages.
Talisha R

Barack Obama's state of the union speech - 0 views

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    This articles talks about Obama's annual speech, in his speech, Obama promised a number of things including: raising the minimum wage, creating a new tax-free savings bond to encourage Americans to save, to work for the closure of the Guantánamo Bay prison, just to name a few. The increased minimum wage will help a lot of people in America and will help increase the standard of living for them.
Talisha R

Stephen Hawking: NHS is Britain's finest public service and must be preserved from comm... - 0 views

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    This article focusses on Stephen Hawking's view of the NHS. He believes it should not be privatised as health care is crucial for the public. He talks about his own experiences and how he was diagnosed with motor neurone disease and without the NHS he wouldn't be alive today.
Talisha R

Childhood asthma down after smoking ban - 3 views

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    This article talks about how the number of children submitted to hospital with asthma has decreased by 12% after smoking bans were put in place. This shows that the externality created by smoking is negative, it does not only affect the individual but the society as well therefore the social costs are greater than the private benefits. It shows how government intervention helps reduce the negative externalities.
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