this article look at the economic growth and what caused it in Switzerland. It also explains what the increase in economic growth implies for Switzerland.

I think that this article about the price elasticity of demand and prices per seat for super bowl perfectly demonstrate what we are studying this week. The article talks about how even though the prices for a seat to watch the super bowl game are sky rocketing, fans still continue to buy them because they really want to see those games. The purpose of why the ticket prices increased, is because the teams want to maximise their revenue per seat.

The above article is about the price mechanism and how it is used to price oil. It talks about how the price is allocated depending on other companies as well as demand, which is why i think that this article is very appropriate as a real life example of what I am studying on this chapter.

I have found this article suprisingly amusing as I am a chocolate lover. The article talks about the fact that the world demand for chocolate is outgrowing the cocoa beans available. Therefore the prices are rising dramatically, especially in Asia. The author assumes that by 2020 the prices will be extremely high, because the demand is becoming unsustainable. I believe that this is a great article to illustrate what I have learnt in the past chapter because it illustrates a real world situation where the price rises with the supply.

This article mainly focuses on the 'beauty' of free markets. It also talks about the proportion between the quantity which is actually brought to market, and the demand of those who are willing to pay the natural price of the commodity, and other factors that have an influence over free market systems.

This article relates to the Topic of Opportunity Cost that I have been studying because it talks about how the opportunity cost affects the economic choices that we make in our daily lives. It also talks about how although we are aware of the direct costs in life, we don't actually think about all the things that we have to give up when buying something else. We are aware of our finance, and realize the direct cost of our actions, but we don't see the unseen costs, such as the opportunity cost.