Skip to main content

Home/ Economics HL - Jacob Solomon's group - Year 1/ Group items tagged Supply

Rss Feed Group items tagged

Katie Edwards

Cox and Alm: The right incentives for economic growth | www.statesman.com - 0 views

  • toward supply-side policies that encourage education, hard work and smart investments.
  •  
    This article expresses the opinion that in order to experience the best economic growth, America must move towards more supply-side policies, and encourage education, hard work, and investments. There are arguments to support both sides of the debate on govt. spending vs. supply-side policy, but the end goal of achieving a better economy are the same.
Monique T

Hunger in North Korea: Let them eat maize husks | The Economist - 4 views

  • exaggerating its troubles for political gain
  • North Korea’s food needs has long been a politicised business
  •  
    This article demonstrates the scarcity facing the food supply of people in North Korea. Although we would normally expect food scarcity because of, for example, a natural disaster, the food scarcity experienced by the people in North Korea is not only because of a lack of food being made... It is scarce because the government is preventing the supply of food from getting to the people, creating a greater demand than supply. Food is a limited resource, but the problem of scarcity in this part of the world is because of political reasons in addition to natural.
  •  
    It's really disturbing to read this. When we're working towards satisfying as many wants as we have, some people don't even get what they need.
Monique T

Ontario says it won't block teacher strike | The Globe and Mail - 0 views

  •  
    One topic we have discussed a lot in supply-side policy is the funding of education, and how increased funding can lead to more efficiency in the economy. However, after the Ontario budget, the government decided to freeze teacher wages to try to reduce funding in this education sector; which has created many problems in our province as teacher unions are now taking action, with the threat of a strike still being possible. Supply-side policy gone wrong.
Mirren M

Advertise on NYTimes.com Gas Prices Modestly Lower as Driving Season Starts - 1 views

  •  
    This article talks about how supply-side policies are implemented and how it affects the price of gasoline. This is mainly because of the global crude oil prices decreasing. On top of that, there is an increase in supply from the Middle East supplemented by a decrease in demand. "If there are any problems on the supply side, as in Iran, Libya or Nigeria, then prices will be right back up," said Michael C. Lynch, president of Strategic Energy and Economic Research.
Katie Edwards

How Energy Drains Water Supplies - NYTimes.com - 1 views

  •  
    This article outlines how dependent energy sources are on water. The wants and needs for water resources are increasing worldwide, and this could become a problem to power plants, hydroelectric facilities, and other major sources of global water supply.
  •  
    Aha! Scarcity of water supply, and it's a need. It is really important for us, human beings to know the importance of preserving the environment!
Olachi Nwabuikwu

BBC News - Somalia famine: UN warns of 750,000 deaths - 2 views

  • "In total, 4 million people are in crisis in Somalia, with 750,000 people at risk of death in the coming four months in the absence of adequate response,"
  • 'Not short-term'
  • "Even if we are able to get food and supplies to the main ports of Somalia, I think there is a real challenge in being able to deliver that assistance - what I call the 'last-mile' problem.
  •  
    Now for Somalian citizens who are faced with a compulsory pattern of living with famine, scarcity can be thought as not invited but already a citizen, despite the environmental constraints of hydro climatically-induced water scarcity and the considerable fluctuations which characterize the natural freshwater supply supposed to exist; a water-stress routine is now an impact on the responsibility of improved water supply for self-sufficient crop production (resulting in lack of food and crop production) as well as the number of these Somalian individuals desperately depending on any flow unit of water available to them from the water cycle. Sadly as stated it is not of a short term crisis but if seen in a medium-term-perspective, water may not be readily available to support improved life quality for this growing African population, so the economy therefore is faced with a great deal of scarcity without knowing what to do about it.
Katie Edwards

iPhone 4 on preorder at Sprint 'while supplies last' - CNET News - 3 views

  •  
    This article predicts the demand for the new iPhone 4S, given the available resources. The main service providers are ALWAYS in competition over the latest smart phones, and now Sprint has joined the battle with AT&T and Verizon. The price has been significantly lowered for the older versions of the phone, and the newest version is pretty expensive. Many people will be willing to pay the higher price because of the features and higher level of technology.
  •  
    By using the words "while supplies last", companies usually convince people that there is a bigger demand for their product than there is supply. This would actually influence demand, because people will think that everyone else wants this phone, and they won't be able to get it if they don't get it soon, so the demand may actually increase by saying this.
Lola Z

Mitt Romney's Secret Fundraiser Remarks Put The Lie To Supply-Side Economics - 1 views

    • Lola Z
       
      Sometimes economic policies have become slogans for political campaign. It may not do good to the real society but just a strategy helping one to be a president. 
  • lowering taxes for "job creators" benefits the poor and middle class by spurring job creation.
    • Lola Z
       
      This is a supply side policy. To lower the taxes for the producers will lower their costs. As a result, they will cut less personnels or even create more jobs to increase production.
  • ...1 more annotation...
  • So he'll be out there talking about tax cuts for the rich.
Lola Z

India needs a dose of supply-side economics - Economy and Politics - livemint.com - 0 views

  •  
    India's booming GDP has been making it become a leading pioneer in economic development. However, while the demand side is soaring, the supply side is lagged behind. The production capacity is not enough to catch up with the expand in demand. However, while the trend could not slow down, India can neither create enough jobs nor fund an ambitious welfare state without faster economic growth.
Katie Edwards

New economic indicator shows franchise industry growing stronger - On Small Business - ... - 0 views

  •  
    This article discusses the impact of business franchises in the US economy. The output and production of the franchises has been increasing and maturing as the economy gets better. This contributes to the national output, and the capacity for that output known as aggregate supply.  "The franchise industry is a unique business sector and a vitally important contributor to the U.S. economy spanning some 300 lines of business, supporting nearly 18 million jobs, 825,000 establishments and providing for over $2.1 trillion in economic output,"
Monique T

Language Line Plans a Roll-Up as Translation Demand Soars | Bloomberg - 0 views

  •  
    Due to the increase in different nationalities in the population of the US, there has been a huge increase in demand for translation services, especially in the medical field. Because of this non-price determinant of demand changing, the demand curve for translating services shifted to the right. As the curve shifted to the right, this means that the equilibrium price and quantity both increased. Since a market always moves toward equilibrium, in this case it meant supply had to increase as well. It is for these reasons that the company discussed in this article is looking to expand its services and acquire new companies - so the market will be back at equilibrium and the demand for translating services is met by the same supply.
Lucas G

A painful eclipse - 0 views

  •  
    This article concerns the industry of solar panels. Last year, demand for solar panels doubled in countries such as Germany and Italy. This was in response to the increase in supply. Last year, the average price of a solar panel halved due to advanced technology (a ceteris paribus factor of supply). This decreased the costs of production of solar panels, shifting the supply curve to the right. In response to the low prices, demand also increased. This demonstrates the price mechanism.
Lola Z

Singapore's Monetary Policy Aims To Ease Short-term Inflationary Pressures - 0 views

    • Lola Z
       
      supply side policy to improve supply counteracting the rise in production costs.
  • monetary policy should aim to temper, but not fully offset
  • productivity improvements arising from the significant economic restructuring will help to prevent higher costs from fueling strong price increases, the central bank is firmly committed to objective of price stability over the medium term, he told a conference.
Dan Call

Long Run Aggregate Supply Verticality: Fact Or Fiction?| Find Articles - 1 views

  •  
    This article discusses whether or not it is a realistic or feasbale presumption to make that an aggregate supply curve can be vertical in the long run. The article discusses this is alot of detail and outline reasons why in fact the model may not work as it is yet to be truly tested.
Monique T

Canada, Japan agree to enter negotiations for free-trade deal | The Toronto Star - 3 views

  •  
    When countries form a free-trade deal, it allows the imports and exports between the countries to grow, because there are less trade restrictions such as tariffs. This means that, with import prices decreasing, aggregate supply in Canada will increase.
Nadiya Safonova

Colorado Forest Fires and Increased Natural Disasters in USA - 1 views

  •  
    Natural Disasters, Latest Natural Disaster News - Aggregate supply rises when weather conditions are stable and well, however the rate of bad weather, such as these fires which are destroying large chunks of land will cause the aggregate supply to decrease.
Sebastian van Winkel

Water scarcity 'now bigger threat than financial crisis' - 0 views

  •  
    By 2030, more than half the world's population will live in high-risk areas By Geoffrey Lean, Environment Editor Humanity is facing "water bankruptcy" as a result of a crisis even greater than the financial meltdown now destabilising the global economy, two authoritative new reports show.
  •  
    This seems like a big issue that will unfold during our generation. In Canada, we have one of the world's largest fresh water supplies, and that will be an important resource for our country moving into the future. But even with such a large supply, it is still a very scarce resource. Last year I visited a museum exhibit on the world's water supply, and it demonstrated the amount of water usage per capita in places around the world... In North America, we were using around ten times more water per day than people in Africa. This demonstrated the availability around the world affecting people's usage, but even in places where water is abundant, if we use too much it can still run out, so we need to be careful in everything we do.
Lola Z

Online forecasting: And now, the gadget forecast | The Economist - 1 views

    • Lola Z
       
      Predictions of demand help to set the prices of goods. It is necessary to eliminate excess supply for companies to maximize their revenues.
  • In time this might force sellers to slash their margins and discount obsolete products languishing in inventories as buyers await the arrival of new versions. That said, retailers' prices are already at or near equilibrium.
    • Lola Z
       
      While the prices are at equilibrium, there is not an apparent excess supply or demand.
  • Airlines use all the computational power at their disposal to maximise their returns by setting fares based on current and predicted demand.
    • Lola Z
       
      Demand here acts as a signal to producers. Increase in demand will raise the market equilibrium price.
  •  
    This article talks about how forecasting demand influences the setting of prices. Producers use online tools to predict demand and hence set the prices. If generally consumers are confident with the products, the demand rises, and equilibrium prices will go up because the demand curve shifts to the right. When supply and demand are almost at equilibrium, the prices will tend to become more stable.
Dan Call

Oil: It's Back To Supply And Demand - 0 views

  •  
    This article talks about the supply and demand equilibrium for oil. It says how the price of oil has changed in recent years, and perhaps what the true equilibrium price of oil should be, as well as making some future predictions about the possible price of oil.
Dan Call

Economic growth in japan slows due to supply woes - 0 views

  •  
    This article talks about how as a result of Japan's horrific earthquake and tsunami, the supply of many products from Japan, has caused the growth of there economy to slow dramatically in comparison to recent years.
1 - 20 of 52 Next › Last »
Showing 20 items per page