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Home/ IB Econ HL Section B/ Contents contributed and discussions participated by joshuaechl f09

Contents contributed and discussions participated by joshuaechl f09

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Israel: Current welfare system could mean the end of the country, economist warns - 0 views

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    This article shows possible negative effects of welfare on an economy. In this case, the citizens between the ages 35-54, who have no excuse in not working, who cannot support themselves are creating a dead weight effect on the economy.
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Unions & Shareholders likely to Rock United Continental Merger Plans - 0 views

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    This article is an example of the effects unions can have on company policy
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Stimulus credited with creating 682,779 jobs in the first quarter - 0 views

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    This article shows how the stimulus strategy is effective, supporting the notion that Keynsian theory is the most effective economic theory.
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Rise in NYC income tax revs shows brighter economy - 0 views

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    This article exemlpifies the positive impacts with the utilization of a higher tax revenue.
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Clout St: Daley brushes off police union criticism on new contract - 0 views

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    Mayor Richard Daley today brushed off attempts by police union leaders to blame his administration for officers not getting better raises in a new five-year contract, exemplifying the struggles between unions and employers. In this case, they are dealing with the government
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Inflation falls back to 3% - 0 views

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    Inflation is decreasing in the UK, easing to the fear that interest rates would rise due to rising prices.
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Ontario's McGuinty Outlines 5-Year Plan to Cope With Recession - 0 views

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    This article explains possible actions to be taken in order to take a country out of a recessionary period. Canada is in a recession, so if the plans of the Ontario Premier are successful, then the negative effects of a recession would be lifted
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Everyone Else Is Keynesian Now - 1 views

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    This article shows that the practice of Keynesian economics is becoming more heavily sympathsized with than it was in the past due to the tough global economic times. It quotes a report as saying "The world has embraced this Keynesian moment, when greater government intervention in the economy has proven crucial."
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Unemployment falls in Australia, while job creation soars - 0 views

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    This article gives an example of the positive impacts of a lower unemployment rate. The article mentions that as a result, interest rates will most likely increase in March.
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New fire stations have cut response times, report says - 0 views

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    This article gives an example of a service that causes positive externalities. It describes the addition of two new fire stations. According to the article's report, the positive externality of this service is that response times have been dropped by an average of 30 seconds, which can be the difference between life and death.
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The biggest recall ever - and no, it's not Toyota - 0 views

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    This article explains an example of negative externality in which due to the faulty construction of the gas padal and floor mats, problems occur. This goes off of the notion that nagative externality can be defined as negative side effects, which this clearly shows.
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Potash "oligopoly" may crack in longer term: analyst - 1 views

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    This article gives an example of oligopoly in the farming market, it also provides a definition of oligopoly.
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Tech titans Apple and Google square up to each other - 0 views

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    This article gives an example of non-price competition in which Google and Apple using any tools they can to get an upper hand on the other.
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Rising demand forecast likely to boost oil prices - 1 views

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    This article gives an example of the effects of demand on price
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Sonic's Profit Falls 13% - 0 views

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    This article is an example of the effects of elements, such as unemployment and competition, on profit
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How much tax do you really pay? - 0 views

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    This article explains what indirect taxes are and what they do.
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How and why taxes go up, in smoke - 0 views

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    This article explains the concept of PED and how that affects tax increases
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More Price-Elasticity Concerns for Altria - 0 views

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    This article statistically explains how price elasticity negatively affects Altria.
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Vietnam weighing price controls as milk prices rise - 0 views

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    This article gives an example of a nation putting price control on a product and how that affects the consumtion of that and associated products in a nation.
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Bond prices rise on weak home sales data - Jan. 5, 2010 - 0 views

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    This article explains the effects of price changes on the appeal of bonds with explanations as to why and how this happens.
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