Contents contributed and discussions participated by Michael M - IB Economics B

Mexicoâ€™s tariff repeal brings praise from Kirk - 0 views

westernfarmpress.com/...riff-repeal-brings-praise-kirk

tariff

shared by Michael M on 25 Oct 11 - No Cached

Michael M on 25 Oct 11

Mexico has suspended the last of the retaliatory tariffs it had imposed more than two years ago on an array of U.S. products such as apples, certain pork products, and personal care goods. The tariffs were imposed as a result of a cross-border trucking dispute between our two countries.

<div class="cArrow"> </div><div class="cContentInner">Mexico has suspended the last of the retaliatory tariffs it had imposed more than two years ago on an array of U.S. products such as apples, certain pork products, and personal care goods. The tariffs were imposed as a result of a cross-border trucking dispute between our two countries.</div>

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Abandon protectionism: Beijing to US - 1 views

www.pakistantoday.com.pk/...on-protectionism-beijing-to-us

protectionism

shared by Michael M on 10 Oct 11 - No Cached

Michael M on 10 Oct 11

"China on Sunday urged Washington to stop pressuring Beijing as the US Senate prepares to vote on a controversial bill aimed at punishing the Asian nation for alleged currency manipulation." The U.S. government is very unhappy with China's dealings with their currency and policies regarding said fiasco. We are en route to passing a very controversial bill to reprimand China for its backhanded actions.

<div class="cArrow"> </div><div class="cContentInner">"China on Sunday urged Washington to stop pressuring Beijing as the US Senate prepares to vote on a controversial bill aimed at punishing the Asian nation for alleged currency manipulation." The U.S. government is very unhappy with China's dealings with their currency and policies regarding said fiasco. We are en route to passing a very controversial bill to reprimand China for its backhanded actions.</div>

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Be aware of international trade needs, SME's urged - 0 views

www.bernama.com.my/...newsbusiness.php

international trade

shared by Michael M on 05 Oct 11 - No Cached

Michael M on 05 Oct 11

Small and medium enterprises are very important to the international economy , and economists are always looking for more businesses of this size. Smaller businesses are important to maintain a variety of choices for consumers worldwide. This article delves into this aspect of international trade.

<div class="cArrow"> </div><div class="cContentInner">Small and medium enterprises are very important to the international economy , and economists are always looking for more businesses of this size. Smaller businesses are important to maintain a variety of choices for consumers worldwide. This article delves into this aspect of international trade.</div>

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State income tax ban faces little opposition - 0 views

www.wsmv.com/...detail.html

income tax

shared by Michael M on 16 May 11 - No Cached

Michael M on 16 May 11

This article is about the process that the government is going through to ban State income taxes. It is apparent that most everyone does not want to be taxed on their income but rather on their expenditures.

<div class="cArrow"> </div><div class="cContentInner">This article is about the process that the government is going through to ban State income taxes. It is apparent that most everyone does not want to be taxed on their income but rather on their expenditures.</div>

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BoJ Nishimura: Supply-side Constraints To Ease After Autumn - 0 views

www.rttnews.com/...AsianEconomicNews.aspx

supply-side

shared by Michael M on 25 Apr 11 - No Cached

Michael M on 25 Apr 11

In Asia, supply-side constraints were going to ease up after last Autumn. The government is aiming to "rebuild the demand", because it is painfully lacking.

<div class="cArrow"> </div><div class="cContentInner">In Asia, supply-side constraints were going to ease up after last Autumn. The government is aiming to "rebuild the demand", because it is painfully lacking.</div>

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Europe's Tighter Monetary Policy - 1 views

www.bloomberg.com/...policy-can-be-expected-1-.html

monetary policy

shared by Michael M on 18 Apr 11 - No Cached

Michael M on 18 Apr 11

Europe tightens their monetary policy, apparently fighting price pressure according to Weber, Bundesbank president. Europe's inflation rate is about 2.7% as of March, up from 2.4%.

<div class="cArrow"> </div><div class="cContentInner">Europe tightens their monetary policy, apparently fighting price pressure according to Weber, Bundesbank president. Europe's inflation rate is about 2.7% as of March, up from 2.4%.</div>

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China still has space to tighten monetary policy further - 0 views

www.reuters.com/...nomy-rrr-idUSL3E7FI01620110418

monetary policy

shared by Michael M on 18 Apr 11 - No Cached

Michael M on 18 Apr 11

China has increased the banks' reserve requirements for the seventh time since the tightening cycle in October of 2010. Clearly, China has been and will continue to improve upon their monetary policy.

<div class="cArrow"> </div><div class="cContentInner">China has increased the banks' reserve requirements for the seventh time since the tightening cycle in October of 2010. Clearly, China has been and will continue to improve upon their monetary policy.</div>

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Obama's Fiscal Policy - 1 views

www.washingtontimes.com/...spray-on-hair-of-fiscal-policy

fiscal policy

shared by Michael M on 15 Apr 11 - No Cached

Michael M on 15 Apr 11

This article talks about Obama's fiscal policy with regards to taxes on the rich, and the benefits/limitations of increasing or decreasing taxes on specific income brackets.

<div class="cArrow"> </div><div class="cContentInner">This article talks about Obama's fiscal policy with regards to taxes on the rich, and the benefits/limitations of increasing or decreasing taxes on specific income brackets.</div>

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Podcast: Stimulus, Shutdown and Executive Pay - 0 views

economix.blogs.nytimes.com/...lus-shutdown-and-executive-pay

business cycle

shared by Michael M on 09 Apr 11 - No Cached

Michael M on 09 Apr 11

This article explores how the business cycle affects unemployment. There is an unusually high unemployment rate in the U.S., and the way businesses operate tells a great deal about why this might be.

<div class="cArrow"> </div><div class="cContentInner">This article explores how the business cycle affects unemployment. There is an unusually high unemployment rate in the U.S., and the way businesses operate tells a great deal about why this might be.</div>

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Oil prices might trigger recession - 0 views

www.ftadviser.com/...-recession-warn-economists.jsp

recession

shared by Michael M on 28 Mar 11 - No Cached

Michael M on 28 Mar 11

This article warns economists that oil prices might well cause a recession. In just a month's time, oil prices have risen from 85 to 106$ a barrel. This article examines how that price rise might affect the economy.

<div class="cArrow"> </div><div class="cContentInner">This article warns economists that oil prices might well cause a recession. In just a month's time, oil prices have risen from 85 to 106$ a barrel. This article examines how that price rise might affect the economy.</div>

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Keynesian economics equals a constructive advance - 0 views

www.tribunemagazine.co.uk/...-equals-a-constructive-advance

keynesian economics

shared by Michael M on 23 Mar 11 - No Cached

Michael M on 23 Mar 11

Keynesian economics is said to be a suitable solution for the current economic times because it solves problems that relate to labor and debt. -Michael

<div class="cArrow"> </div><div class="cContentInner">Keynesian economics is said to be a suitable solution for the current economic times because it solves problems that relate to labor and debt. -Michael</div>

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Inflation in China - 0 views

www.reuters.com/...my-money-idUSTOE72D01R20110314

inflation

shared by Michael M on 14 Mar 11 - No Cached

Michael M on 14 Mar 11

China has been encountering substantial increases of monetary assets. However, this money growth may be stunted by a fast-approaching inflation. This article explores further into why there will be inflation in China, and what they can do to battle against it. One thing they mention is slowing credit growth. -Michael

<div class="cArrow"> </div><div class="cContentInner">China has been encountering substantial increases of monetary assets. However, this money growth may be stunted by a fast-approaching inflation. This article explores further into why there will be inflation in China, and what they can do to battle against it. One thing they mention is slowing credit growth. -Michael</div>

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Jobless Rate Falls Further - 0 views

online.wsj.com/...3580004576180181465416342.html

labor market

shared by Michael M on 07 Mar 11 - No Cached

Michael M on 07 Mar 11

People are dropping out of their jobs at a higher rate than ever, even though hiring has bounced back a bit. Unemployment rate is up to 8.9%. The recession has driven younger people out of the job market and back into school. People over 55 are going back to work because their savings were depleted due to the recession. -Michael

<div class="cArrow"> </div><div class="cContentInner">People are dropping out of their jobs at a higher rate than ever, even though hiring has bounced back a bit. Unemployment rate is up to 8.9%. The recession has driven younger people out of the job market and back into school. People over 55 are going back to work because their savings were depleted due to the recession. -Michael</div>

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Tourism, trade and entertainment are driving Southland's economic recovery - 0 views

www.scpr.org/...laedc-forecast

economic development

shared by Michael M on 17 Feb 11 - No Cached

Michael M on 17 Feb 11

Southland, in Los Angeles, is forecasted to undergo an economic recovery. This article explores how and why this is to happen.

<div class="cArrow"> </div><div class="cContentInner">Southland, in Los Angeles, is forecasted to undergo an economic recovery. This article explores how and why this is to happen.</div>

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China's Rapid Economic Growth Slows in Third Quarter - 0 views

www.bbc.co.uk/...world-us-canada-11593613

economic growth

shared by Michael M on 15 Feb 11 - No Cached

Michael M on 15 Feb 11

This article explores reasons behind the rapidity of china's economic growth, and of its slouch in the third quarter.

<div class="cArrow"> </div><div class="cContentInner">This article explores reasons behind the rapidity of china's economic growth, and of its slouch in the third quarter.</div>

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Decline of newspapers - 0 views

www.thefreemanonline.org/...of-newspapers-a-market-failure

market failure

shared by Michael M on 25 Jan 11 - No Cached

Michael M on 25 Jan 11

There has been a recent decline in newspapers, and it is speculated to be caused by market failure. This article explores that idea in depth, with reference to different arguments from different groups including the FTC (Federal Trade Commission).

<div class="cArrow"> </div><div class="cContentInner">There has been a recent decline in newspapers, and it is speculated to be caused by market failure. This article explores that idea in depth, with reference to different arguments from different groups including the FTC (Federal Trade Commission).</div>

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Military Escalation in Afghanistan - 0 views

www.wsws.org/...paki-d22.shtml

public goods

shared by Michael M on 07 Jan 11 - No Cached

Michael M on 07 Jan 11

This article touches on how there has been a recent escalation in military pursuits in Afghanistan. This is an example of a public good because the military is non-exclusive, as everybody is subject to the benefits (and side effects) to the actions the military is taking.

<div class="cArrow"> </div><div class="cContentInner">This article touches on how there has been a recent escalation in military pursuits in Afghanistan. This is an example of a public good because the military is non-exclusive, as everybody is subject to the benefits (and side effects) to the actions the military is taking.</div>

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Coal as heat source - 1 views

www.post-gazette.com/...1110227-454.stm

negative externality

shared by Michael M on 13 Dec 10 - No Cached

Michael M on 13 Dec 10

There is a recent movement of an increase in people who use coal for heating. This would put pollution into the air, thereby carrying with it a negative externality.

<div class="cArrow"> </div><div class="cContentInner">There is a recent movement of an increase in people who use coal for heating. This would put pollution into the air, thereby carrying with it a negative externality.</div>

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Dependence On Oil - 1 views

blog.sustainablog.org/-irreversibly-dependent-on-oil

Cross Elasticity

shared by Michael M on 26 Nov 10 - No Cached

Michael M on 26 Nov 10

This is an article examining how other products are dependent on oil, and therefore argues whether or not we are irreversibly dependent on oil. That is, it is examining a cross elasticity between oil and many other products by way of a strong bond between the two.

<div class="cArrow"> </div><div class="cContentInner">This is an article examining how other products are dependent on oil, and therefore argues whether or not we are irreversibly dependent on oil. That is, it is examining a cross elasticity between oil and many other products by way of a strong bond between the two.</div>

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GM Stock Price Rise - 0 views

www.google.com/...M5h9ia1TAIkbwaAIy3qsIKH9XcfM2g

price

shared by Michael M on 16 Nov 10 - No Cached

Michael M on 16 Nov 10

GM's stock price goes way up because an unidentified person offers to purchase more stocks than they thought they would sell. This is a great example of how demand directly affects price.

<div class="cArrow"> </div><div class="cContentInner">GM's stock price goes way up because an unidentified person offers to purchase more stocks than they thought they would sell. This is a great example of how demand directly affects price.</div>

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