Contents contributed and discussions participated by Tomoya Sekine - IB Economics HL 2010-2012

Extra €4.6m set aside for parents struggling to afford uniforms - 0 views

www.independent.ie/...o-afford-uniforms-2837808.html

welfare payments

shared by Tomoya Sekine on 03 Aug 11 - No Cached

Tomoya Sekine on 03 Aug 11

The Department of Social Protection (Ireland) has provided an extra 4.6 million Euros for parents of students who are struggling to afford uniform expenses.

<div class="cArrow"> </div><div class="cContentInner">The Department of Social Protection (Ireland) has provided an extra 4.6 million Euros for parents of students who are struggling to afford uniform expenses.</div>

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Tax burden for single-parent families rises in 2010: OECD - 0 views

www.torontosun.com/...nt-families-rises-in-2010-oecd

income taxes

shared by Tomoya Sekine on 12 May 11 - No Cached

Tomoya Sekine on 12 May 11

This article talks about how income taxes are rising and how this could be a problem for single-parent families. However it is stated that they are still receiving government benefits.

<div class="cArrow"> </div><div class="cContentInner">This article talks about how income taxes are rising and how this could be a problem for single-parent families. However it is stated that they are still receiving government benefits.</div>

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Specialised education is a must to prepare nationals for job market - 0 views

gulftoday.ae/...c1-49ad-83fe-0583cb003bf1.aspx

labor market

shared by Tomoya Sekine on 10 May 11 - No Cached

Tomoya Sekine on 10 May 11

This article talks about how specialized education (in core areas) are mandatory to "cope with future requirements and serve the market trends in the Emirates of Abu Dhabi".

<div class="cArrow"> </div><div class="cContentInner">This article talks about how specialized education (in core areas) are mandatory to "cope with future requirements and serve the market trends in the Emirates of Abu Dhabi".</div>

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How to cope with interest rate hikes? - 0 views

www.dnaindia.com/...th-interest-rate-hikes_1541389

interest rates

shared by Tomoya Sekine on 10 May 11 - No Cached

Tomoya Sekine on 10 May 11

This article talks about the rise in interest rates (by the Reserve Bank of India) to tackle the rising inflation rate.

<div class="cArrow"> </div><div class="cContentInner">This article talks about the rise in interest rates (by the Reserve Bank of India) to tackle the rising inflation rate.</div>

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Educate them to stay! - 1 views

jamaica-gleaner.com/...lead4.html

government spending

shared by Tomoya Sekine on 17 Apr 11 - No Cached

Tomoya Sekine on 17 Apr 11

This article talks about how the Jamaican government should be cautious of spending "too much" money on education while not "creating jobs for citizens". It is an interesting topic as education could lead to creating jobs for people but at the same time the less fortunate who cannot afford education will not have jobs.

<div class="cArrow"> </div><div class="cContentInner">This article talks about how the Jamaican government should be cautious of spending "too much" money on education while not "creating jobs for citizens". It is an interesting topic as education could lead to creating jobs for people but at the same time the less fortunate who cannot afford education will not have jobs.</div>

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UK producer price inflation picks up unexpectedly - 0 views

www.bbc.co.uk/...business-13012451

inflation

shared by Tomoya Sekine on 08 Apr 11 - No Cached

Tomoya Sekine on 08 Apr 11

This article talks about how the inflation rate in UK has increased rather than decrease (which was what they were expecting). It is said that the inflation occurring mainly due to the increasing oil prices.

<div class="cArrow"> </div><div class="cContentInner">This article talks about how the inflation rate in UK has increased rather than decrease (which was what they were expecting). It is said that the inflation occurring mainly due to the increasing oil prices.</div>

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Dollar Values Dominated by Global Business Cycles - 0 views

www.thestreet.com/...by-global-business-cycles.html

business cycle

shared by Tomoya Sekine on 05 Apr 11 - No Cached

Tomoya Sekine on 05 Apr 11

This article explains the different phases of the business cycle (peak, contraction, trough, expansion, growth) and talks about how the US business cycle is off or different from other countries.

<div class="cArrow"> </div><div class="cContentInner">This article explains the different phases of the business cycle (peak, contraction, trough, expansion, growth) and talks about how the US business cycle is off or different from other countries.</div>

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Oil price rises could trigger recession, warn economists - 1 views

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

recession

shared by Tomoya Sekine on 28 Mar 11 - No Cached

Tomoya Sekine on 28 Mar 11

This article talks about how the increase in oil prices could lead to a recession (or "trigger" a recession). This is possibly due to the fact that there is a decrease in quantity demanded (due to the increase in price), which would further lead to a decrease in output in the end.

<div class="cArrow"> </div><div class="cContentInner">This article talks about how the increase in oil prices could lead to a recession (or "trigger" a recession). This is possibly due to the fact that there is a decrease in quantity demanded (due to the increase in price), which would further lead to a decrease in output in the end.</div>

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Factory Output Increasing - 1 views

www.zacks.com/...Factory+Output+Increasing

Keynesian

shared by Tomoya Sekine on 20 Mar 11 - No Cached

Tomoya Sekine on 20 Mar 11

In this article it is stated that "Factory output and capacity utilization are still rising. The low levels of capacity utilization are one of the key reasons that inflation has remained low, and is not much of a threat in the intermediate future" This could suggest the presence of Keynesian economics and how the firm still has capacity to increase output.

<div class="cArrow"> </div><div class="cContentInner">In this article it is stated that "Factory output and capacity utilization are still rising. The low levels of capacity utilization are one of the key reasons that inflation has remained low, and is not much of a threat in the intermediate future" This could suggest the presence of Keynesian economics and how the firm still has capacity to increase output.</div>

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Brighter growth prospects seen in Singapore - 0 views

news.asiaone.com/...A1Story20110310-267356.html

economic growth

shared by Tomoya Sekine on 14 Mar 11 - No Cached

Tomoya Sekine on 14 Mar 11

This article talks about the estimation of economic growth that will occur in Singapore in the future. Analysts suggest that the gross domestic products (GDP) would increase faster than expected. It is also suggested that Singapore's economy would grow by 5.7% this year, increased from the forecast made last December (5.1%).

<div class="cArrow"> </div><div class="cContentInner">This article talks about the estimation of economic growth that will occur in Singapore in the future. Analysts suggest that the gross domestic products (GDP) would increase faster than expected. It is also suggested that Singapore's economy would grow by 5.7% this year, increased from the forecast made last December (5.1%).</div>

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City setting records as life expectancy tops 82 - 2 views

english.eastday.com/...u1a5758035.html

development

shared by Tomoya Sekine on 06 Mar 11 - No Cached

Tomoya Sekine on 06 Mar 11

This article is about Shanghai (China) setting a record of having the average life expectancy up to 82.13 years of age from a previous record of 81.73 years of age. It is also said in the article that the mortality rate of infants, and adults have both decreased.

<div class="cArrow"> </div><div class="cContentInner">This article is about Shanghai (China) setting a record of having the average life expectancy up to 82.13 years of age from a previous record of 81.73 years of age. It is also said in the article that the mortality rate of infants, and adults have both decreased.</div>

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Honduras law lets police be called on home smokers - 0 views

hosted2.ap.org/...6851070aa6402c9ba0fffae69e23a4

market failure

shared by Tomoya Sekine on 22 Feb 11 - No Cached

Tomoya Sekine on 22 Feb 11

This article is about Honduras banning smoking in many public places but haven't completely banned smoking in people's homes. This is a solution to a negative externality as it bans smoking (decreases the effect of passive smoking and litters). However the police has a hard time keeping up with all the 'crime'.

<div class="cArrow"> </div><div class="cContentInner">This article is about Honduras banning smoking in many public places but haven't completely banned smoking in people's homes. This is a solution to a negative externality as it bans smoking (decreases the effect of passive smoking and litters). However the police has a hard time keeping up with all the 'crime'.</div>

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Eco-friendly lighting installed at pedestrian crossing in Attard - 1 views

www.timesofmalta.com/...-pedestrian-crossing-in-attard

public goods

shared by Tomoya Sekine on 13 Feb 11 - No Cached

Tomoya Sekine on 13 Feb 11

This article is about Malta getting an environmentally friendly LED as a form of street lighting (it uses solar panels and it has no carbon emissions). Not only does this provides a service to the people within the country but it also is environmentally friendly (both positive externalities).

<div class="cArrow"> </div><div class="cContentInner">This article is about Malta getting an environmentally friendly LED as a form of street lighting (it uses solar panels and it has no carbon emissions). Not only does this provides a service to the people within the country but it also is environmentally friendly (both positive externalities).</div>

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Gill Net Fishing Closed Early Due to 10-Ton Rockfish Poaching Bust - 0 views

gaithersburg.patch.com/...-10-ton-rockfish-poaching-bust

negative externality

shared by Tomoya Sekine on 06 Feb 11 - No Cached

Tomoya Sekine on 06 Feb 11

This article is about fishermen getting arrested for poaching 10-tons of rockfish. This is a form of negative externality as the fishermen has depleted the stocks available for other fishermen/firms and has somewhat harmed the environment by overfishing and keeping all these fish.

<div class="cArrow"> </div><div class="cContentInner">This article is about fishermen getting arrested for poaching 10-tons of rockfish. This is a form of negative externality as the fishermen has depleted the stocks available for other fishermen/firms and has somewhat harmed the environment by overfishing and keeping all these fish.</div>

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Oil Price Rises Despite Inventory Increase - 0 views

news.xinhuanet.com/...c_13708651.htm

price discrimination

shared by Tomoya Sekine on 30 Jan 11 - No Cached

Tomoya Sekine on 30 Jan 11

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).

<div class="cArrow"> </div><div class="cContentInner">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).</div>

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Sharp Hotel Price Rise Seen in some European Countries - 0 views

www.independent.co.uk/...uropean-countries-2189361.html

oligopoly

shared by Tomoya Sekine on 20 Jan 11 - No Cached

Tomoya Sekine on 20 Jan 11

This article talks about the increase and decrease in price for overnight bookings/stays for hotels in European countries. We can see that there are several different 'firms' or 'hotels' that are both increasing or decreasing room prices to make profit/attract customers.

<div class="cArrow"> </div><div class="cContentInner">This article talks about the increase and decrease in price for overnight bookings/stays for hotels in European countries. We can see that there are several different 'firms' or 'hotels' that are both increasing or decreasing room prices to make profit/attract customers.</div>

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With New Software, Headsets Are Outsmarting Phones - 0 views

www.nytimes.com/...16novel.html

non-price competition

shared by Tomoya Sekine on 16 Jan 11 - No Cached

Tomoya Sekine on 16 Jan 11

This article is about how companies are trying to use phones in a form of headsets instead of using desktop phones to reduce money spent on them as well as in terms of convenience. It relates to this weeks topic as companies/firms (not the company that want to use them) that sell these headsets are making different features and such to increase demand.

<div class="cArrow"> </div><div class="cContentInner">This article is about how companies are trying to use phones in a form of headsets instead of using desktop phones to reduce money spent on them as well as in terms of convenience. It relates to this weeks topic as companies/firms (not the company that want to use them) that sell these headsets are making different features and such to increase demand.</div>

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Google's Next Deal - 0 views

www.nytimes.com/...21tue2.html

monopoly

shared by Tomoya Sekine on 21 Dec 10 - No Cached

Tomoya Sekine on 21 Dec 10

This article talks about Google replacing many companies and firms with their new inventions and concepts, specifically Google is trying to buy a website for traveling and since Google is a very big search engine (used worldwide), other travel companies would lose their business.

<div class="cArrow"> </div><div class="cContentInner">This article talks about Google replacing many companies and firms with their new inventions and concepts, specifically Google is trying to buy a website for traveling and since Google is a very big search engine (used worldwide), other travel companies would lose their business.</div>

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A smartphone race to the bottom - 0 views

tech.fortune.cnn.com/...-smartphone-race-to-the-bottom

pure competition

shared by Tomoya Sekine on 12 Dec 10 - No Cached

Tomoya Sekine on 12 Dec 10

This article is about how successful each smart phone, whether it is windows, apple, google, will be with their products. They are all identical products in which they fall under the category of 'phones' but since they are different companies with different ideas, they would have different features which would attract different customers.

<div class="cArrow"> </div><div class="cContentInner">This article is about how successful each smart phone, whether it is windows, apple, google, will be with their products. They are all identical products in which they fall under the category of 'phones' but since they are different companies with different ideas, they would have different features which would attract different customers.</div>

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Krispy Kreme Beats the Street in 3Q, Lifts View - 0 views

www.foxbusiness.com/...reme-q-beats-street-lifts-view

profit

shared by Tomoya Sekine on 02 Dec 10 - No Cached

Tomoya Sekine on 02 Dec 10

This article is about a firm (Krispy Kreme) having an increase in their profit, as of compared to a loss the previous year. This also has to do with the increase in total revenue.

<div class="cArrow"> </div><div class="cContentInner">This article is about a firm (Krispy Kreme) having an increase in their profit, as of compared to a loss the previous year. This also has to do with the increase in total revenue.</div>

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