This article shows the government of Japan struggling to get Japan into a low inflation. taxes are increasing exponentially but all because of the recession. He tried to get more workers to work and reduce inflation. However, the money is losing its value because the Central Bank is printing too much currency. Therefore, the income of consumers is literally worth nothing.

The overall article states that China might increase its output and economists are predicting that by looking at the other four major East Asian economies. This relates to our topic because that means the firms and government are investing more and the the economy's exports are increasing

This article shows what the problems could be if the households/consumers/workers demanded higher minimum wages. On research in this article says it will decrease employment and give less incentive to the firms to HIREpeople and give them higher wages. However, another studies show that firms might cut back on some benefits for the worker, they might improve the productivity of the product. Moreover, the workers might as well work harder. And much more. The point is that the workers will do whatever it takes to have a high income. Thus it is possible to say that higher minimum wages could improve the economy because then, the national income will rise. And then this will increase the overall GDP of the country, leading to a higher economic growth.

This articel relates to our topics this week because this article talks about a raise on gas prices in India and around the world, where gas is a necessity. This inelastic good was a subject to tariffs to Modi, the new indian president. The results can be summarized in a statement that one of the advisors stated. It said "Each dollar increase in gas prices will raise ONGC's annual revenue by 40 billion rupees". This epitomizes that price increase in an inelastic good means profit for the firsm. That is what every firm desires.

Reliance Industries Ltd. (RIL) and state-run Oil & Natural Gas Corp. (ONGC), India's biggest natural gas producers, plunged in Mumbai after India's cabinet deferred a move to increase natural gas prices by three months. Reliance dropped 3.7 percent to 1,011.90 rupees, the biggest decline since Sept.

("This market is trying to...) In a chat with ET Now, Anup Maheshwari, Head of Equities and Corporate strategy, DSP BlackRock Investment Managers Pvt Ltd, shares his views on the market and certain sectors.

This article relates to the topic about Market Equilibrium because firms are ready to fic prices at where they hope will be the market equilibrium. Price mechanism is important because the article mentions that prices aree high which means that if prices are high then th eproducers will incentive to create more goods.

Sep 9, 2014 17:14 UTC SEATTLE--(Business Wire)--A Seattle-based firm that steadily created one of the largest hospital systems in Southeast Asia and India today announced plans to invest another $150 million to expand its network to 34 hospitals and one clinic by 2018.

This article relate to our topic of supply and demand because a firm is investing many to create hospitals close to where people live and work. This is important because since many people living in one area does not have transportation, they have a high demand for close by hospitals. The resources (investments) were allocated accordingly to achieve its aim.

(The number of the affected...) NEW DELHI: Water scarcity will worsen across the world, and particularly in countries like India, as a result of unchecked climate change. Some 500 million people could be subject to increased water scarcity - even if global temperature increase is limited to 2 degrees Celsius above preindustrial levels.

(The number of the affected...) NEW DELHI: Water scarcity will worsen across the world, and particularly in countries like India, as a result of unchecked climate change. Some 500 million people could be subject to increased water scarcity - even if global temperature increase is limited to 2 degrees Celsius above preindustrial levels.

This article relates to our topic because as we can see scarcity of water is everywhere, and not just in India. Being from India I thought it was interesting how this topic could relate to India. The article also states that more demand there is the more scarce water is going to be. One of the major factors in that would be population growth. I think that is important in water scarcity.