Group items tagged

the health spending in US is very high. Even when we compared it to France's. It is also known as the country who spends more on health care than any other country in the world. As they have as well count in per capital terms.

This article says that current financial markets have high cross-elasticity, and this was part of the cause of the recent financial crisis.

The new article is about hte cross-price elasticity of demand is used to see how sensitive the demand for a good is to a price change of another good.

Ozge, this bookmark is not a news article but a revision material which would be useful to include in the wiki study guide. Bookmarks should be 'raw' news articles from the web that will give students the opportunity to use learned concepts to analyse in future blog activities.

This article is about the price elasticity of demand for housing in different countries.

This article discusses the current disequilibrium in the fibre market, stating that the price elasticity of fibre may reduce the harm of this disequilibrium to the industry.

Talia, the articles from The Economist are good for learning how to analyse, it is actually the best economics magazine on the market that gives great analysis of many things economics. But these articles leave little room for providing own analysis. More 'raw' articles which do not provide the analysis would be more useful in this course in the future.

as the oil prices increases, high sales are on scooters, bicycle and others.

This article is about the cocoa prices rising due to the income elasticity of demand and how chocolates may soon be considered as a "luxury good".

China threatens to bring its opposition to India's toy import ban to the WTO, while India seems poised to restrict other Chinese products

This is about how a high supply of oil is causing a lower profit for crude oil.

This article is about the supply of gas, the demand for gas and the prices of gas. The article also mention the possible effects of the price changes in ethanol and crude on gas prices. According to the changes in ethanol and crude, the responsiveness of demand for gas can be observed.

This is an article showing consumer responsiveness towards alcohol (wine) consumption that has a change in price.

Excellent example of suitable article on the topic!

This is an article about the alternatives to the oil. Due to the high oil prices, demand for substitute goods increases.

This article is a little outdated, but i remembered it and i think i referenced to it in a discussion. Its about how spam has become more popular because of low inclomes.

This is a form of price discrimination as prices of oil are increasing even if the supply of oil is increasing. And the suppliers able to do this and still earn profit as oil is an inelastic good and a necessity. However the suppliers do not have to worry about reducing the price of oil as the demand for oil would not become elastic (at least for now and a long time).

This is not really an example of price discrimination as consumers are not separated in different groups and prices are not different for different consumers.