IB Econ HL Section B

This article is about a company, Shaw Communications, considering investing in another company, Canwest. By investing in this company, Shaw will engage in competitive behavior by gaining some control over another company.

After noticing that companies such as apple and blackberry were beating nokia in sales, it decided to change its methods of selling and improve the quality and include more attracting devices. This way, it hopes to regain its former title of biggest selling phones.

This article mentions the estimate of the world population in 2050, which is 9 billion people. This would add up 2 billion people more to the actual number, bringing some additional human beings to feed. If as for now, there are 1 billion people hungry in the world, how will this extra 2 billion affect the world's supply of food. A negative externality being referred here, is the fact that as more people are born, there is less food to be given to the ones already here.

Marcelo, this can not count as a negative externality, methinks.

This article explains that not only is there a food and shelter problem, but docotrs and medical staff are in a short supply and are needed now more then ever. medical supplies and resources have improved, but the crush of volunteer doctors in Port-au-Prince can complicate treatment in the city while there is great need for help in other places hit by the earthquake.As the city's main hospital is brimming with doctors, it is in need of nurses and physical therapists.

This article shows how the recall of several Toyota models acts as a form of non-price competition for other firms in the car industry. Ford and GM have benefited from the lack of consumer trust in the Toyota, and have both seen an increase in sales.

Almost one in three public sector employers plan to shed jobs this quarter. Markets keep on chrashing due to economic ressesion. and people constantlt lose their jobs. However, there was better news from the private sector, which expects to see staff numbers grow for the first time since the start of the recession.

This article reports about the potential "side-effects" of President Obama's new agenda that attempts to reconstruct financial regulation, overhaul the national health care system, and deal with long-term budget deficits. This is relevant to this weeks topic because US is currently attempting to recover from its catastrophe disaster and aim to achieve almost all the macroeconomics goals

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.

This article is about the macroeconomic goal of maintaining stable price levels. Inflation is where there is so much money that it lessens in value. China is currently experiencing this. They are attempting to combat it and stabilize price levels by lessening the availability of credit. If less loans are available, then less money will be spent, and money will retain its value.

In this article, a serious negative externality of a public good is presented: deaths in a public road, or more specifically a motorway. There are numerous preventable accidents occurring in the road, mostly due to police inefficiency, and neglecting of safety standards. This public good is definitely an example of a market failure.

Toyota will recall 300,000 Prius hybrid vehicles because of brake flaws, newspapers reported Sunday, in the latest blow to the Japanese car giant reeling from safety woes that have sullied its reputation. this takes a tole on society for those who try to help unpollute the world. where this good is well, good and now its gone

This article talks about how the US government implementing Health care reform would have many positive externalities. In addition to producing an overall healthier population, the health care also provides more job opportunities for people not only in the health care industry but for people with MBA's as more people are needed to organize the growing sector.

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.

This article is about Washington's plans to increase pollution taxes, which would supposedly increase state revenue by 225 million. This tax would have the double benefit of relieving the recession-hobbled state budget and encouraging environmentally friendly business practices.

This article talks about U.S. government spending on public health care. While the system is costly, it creates positive externalities. One of the main positive externalities here is the number of insured people in the United States. By providing a public good like health care, the government is protecting more of its citizens.

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.

President Obama hit the road again Tuesday to promote the new job-creation program he described as his No. 1 priority, but he refused to abandon his embattled health care legislation, vowing to "punch it through" resistance in Congress. The health care system proposed by President Obama is a public goods because it would be provided to anyone, with the interference of any to violate that right. Yet, Obama still struggles to push the health care plan through the resistance in the Congress.

This article talks about the negative externality of industrialization that is pollution. Apparently, there was an abundance of smog in Britain from as early as 1904.

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.