EconM2015 September 2013

The congress party promises to set the growth rate as high as 8% within three years. India aims at social, economic and political transformation.

This article discusses Euro-Area inflation rates which are below the European central-banks target rate. Annual consumer prices rose by only 0.7, while the median estimate was 0.9%.

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.

This article talks about inflation and unemployment in the Uk

Annual inflation has remained low. In december economists expected prices to rise, however inflation remained constant and below the Federal Reserve's annual target of 2%. Gas prices in December increased. They had never increased so much not even the last time in June when they rose of a 3.6%.

This article talks about the official data of the unemployment rate and the inflation rate within the eurozone. The low and stable inflation and unemployment being near 12% causes concern about a decreased GDP, as experts fear a deflation would defer consumption and investment.

This article talks about unemployment. Firms don't hire the long-term unemployed. Our productive capacity is lower than it sounds, because we haven't invested in new factories for too long. Wages and prices will start rising as companies pay more for the workers and work that they want.

This article outlines the corruption in Russia in this winter Olympics. 50 billion is invested in the project but the infrastructure in the city is still unfinished.

This article talks about how most of the countries using the euro has experienced a 12% increase in the unemployment rate due to the decreasing inflation. Around 19.2 million people were out of work during that time and the inflation fall was much steeper than what analysts expected.

The prices for potash become the victim of the market's business cycle, and the producers continue to struggle.

This article describes the scarcity of raises in the United States, especially for those with a college education, due greatly to the recent recession. The article then goes on to discuss ways in which we can increase the number of "good" jobs for these college-educated students in the United States.

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'

This article shows the results of a survey of which stage of the business cycle investors think we are in. Most people believe we are no mid-cycle, and about 1% believing we are in recession!

This article talks about different points of view about where we are in the cycle right now, and why it is so hard to predict recessions. It uses the example of the US recession just a few years ago, and how it started in 2007, but economists weren't able to identify that until 2008.

This article looks at what part of the business cycle the Australian economy currently is in. The author describes in good detail how certain aspects of the ending of a recession; lower unemployment due to big firms laying off employees and low interest rates, and low inflation.

This article talks about the optimism of rich people in Canada after the great recession. It also says that 76% place great hopes into the energy sector sector while 30% count on the manufacturing sector to improve significantly.

This article talks about how the U.S. is doing in the business cycle. Apparently they are still in the recovery mode and GDP levels are not as strong as expected. Companies are also not hiring as much people because their confidence in a consistent economy is still shallow.

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.

Ghana's economy is waining in productivity, meaning lower price levels, causing a shift of the SRAS curve to the left.

Eleven firms such as footwear maker Bata that have not been affected by the slowdown so far showed cracks in revenue growth. Consumer goods and retail companies reported the steepest sales decline in 24 quarters during the three months to December after festivals and sales promotions failed to attract shoppers waiting for an upturn in the economy to open up their wallets.

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.