IB Econ HL Section B

Japan Airlines (JAL) has agreed on a tie-up with Delta Air Lines that will mean JAL joins the SkyTeam airline alliance, dropping its membership of the Oneworld alliance. This article is relevant to this week's topic because these alliances of airline companies mutually set pries for tickets and share information amongst themselves - it is an collusive competition. The companies rather "collude" than "compete" so that they can maintain their long-term profits.

This article talks about how Apple uses advertising and promotions to encourage consumers to purchase Mac products. Rather than competing with price, Apple promotes its products by incorporating new software, like the Intel Core i5 processor. This way, Apple competes with higher level software, rather than with a more competitive price.

OPEC is one of the most famous oligopolies in the world: an organization of 13 of the world's largest oil producing countries. Together they determine output and in so doing heavily influence prices, which in turn has an impact on other economies. Their actions have long been the subject of criticism and debate.

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 gives an example of oligopoly in the farming market, it also provides a definition of oligopoly.

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.

This article is talking about how different car companies are starting to sell electric cars because consumers have become interested in helping the environment. In response, car companies have started to produce environmentally friendly cars to apease the consumers. This shows non-price discrimination in the consumer because they are no longer looking for the lowest prices, they are looking for the most environmentally friendly.

This article is about Google introducing a new smartphone. It is intended to compete with the Apple iPhone. This is non-price competition because it is centered around product differentiation rather than prices. Google's aim is to compete by offering a different product rather than lower prices.

The recent controversy over Tiger Wood's alleged infidelity has had devastating effect on his brand image, and in turn on his financial status. Although not directly discussing economics, this article is an example of how important non-price competition is. Branding and advertising is extremely important to Tiger Wood's - if we think of him as a company - because his image is what sets him apart from other sportsman. Now that image has been discredited, and the financial repercussions are enormous.

This article gives an example of the effects of demand on price

This article is an example of the effects of elements, such as unemployment and competition, on profit

This article explains what indirect taxes are and what they do.

This article explains the concept of PED and how that affects tax increases

This article statistically explains how price elasticity negatively affects Altria.

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.

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

This article describes the attempts of American senators to allow American pharmacies and patients to import prescription drugs from other countries at government controlled rates, thus avoiding higher, unregulated prices in the US.

This article relates to price discrimination with time as facor, since Wal-Mart is charging different prices at differents moments of the year, under the title of discounts.

This is a a comment by Daniel Hamermesh on the Price discrimination apple uses with iPhone applications. Some applications with only a few more features cost a great deal more.