EconM2015 September 2013

This article discusses the effects of passing a proposal to raise the minimum wage to $10.10 an hour. On one hand it could reduce total employment by 500,000 workers by the second half of 2016, but on the other it could drag 900,000 families out of poverty and increase the annual incomes of 16.5 million minimum wage workers. Moreover, by increasing minimum wage, for the industries that this affects, total output would decrease, as the factors of production would cost more.

This articles discusses the problems that China is pacing with regards to its Coal sector.Providing approximately 70% of Chinese energy, this sector is a vital part of the chinas primary energy.

This is an article discussing the different views on the Keynesian model of LRAS. The author argues that the Keynesian model does not account for influences of fiscal policy, and relates this to American economic policy.

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.

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.

The article talks about the economic growth many developing countries have experienced in Asia. However, they are facing a problem: the developed world is experiencing a recession which may slow Asia's growth down.

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.

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 article discusses how the decrease in consumer expenditure in Japan has overall decreased the aggregate demand of the Japanese economy; people are worried that this would spell disaster for the economic policy of Japanese prime minister Shinzo Abe.

This article discusses the monetary management of the central bank of Oman with respect to Balance of payments, savings and investment and Islamic banking. It accosts the three factors that cause the AD-Curve to be downward sloping and explains how the CBO aims to promote AD while keeping inflation stable.

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.

This article outlines the surprising economic growth experienced in Germany in the fourth quarter of 2013. This is in the face of lower consumer expenditure, and analysts instead attribute it to a steadiness in government expenditure and an increase in investment, resulting in an overall increase in injections. Analysts are optimistic that this indicates a future growth burst for 2014.

Due to severe financial problems and economic instability, Zimbabwe now accepts 8 different currencies from foreign countrys, including their own. The hyperinflation causes injections of foreign money and leakage of Zimbabwe's own money.

This article talks about the economy in china.

This article discusses the growth of the Chinese economy over the past 3 decades. It also briefly notes China's current problems, such as income inequality, the weak financial system, and environmental damages.

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.

This article shows how economic activity of certain countries like Japan and the U.S., are rising to the levels before the recession of 2008. According to the Organization for Economic Co-operation and Development this an improvement. The economic activity of other countries like China, Russia, and India are also shown.

Despite government policies which have tried to keep the increasingly high inflation rate in check and the central bank increasing the benchmark lending rate, brazils economy has encountered a 0.31% decrease in economic activity. Despite a growth in retail sales in November and stimulus spending by the government, the economy has contracted as prices rose and decreasing business confidence lead to a decline in investment.

This article details how the economy in Pakistan is showing signs of improvement. The level of economic activity has increased, especially due to reforms in the electricity sector (problems with load shedding have been resolved). The GDP has had better than expected growth, which brings about a positive outlook for the country's economy.