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Basically, article is about Egypt's endeavor to find foreign investors for financing infrastructure projects and increasing its dwindling foreign currency reserves. Two of the most important terms derived from the week 2 are scarcity and opportunity cost. Turkish investments of $20 bn dollars and 500 mio euros from the EU (depending on Egypt securying the loan from IMF) in Egyptian infrastructure and foreign currency reserves deficit have an opportunity cost of spending that amount of money for other purposes. In this article, Egypt's foreign currency reserves and budget are scarce, so Egypt wants to get money to reduce unemployment rate via economic growth (4.5 %). Here we also have the factor of production - this is capital which comes from investments in physical capital (infrastructure) and in my opinion also human capital (reducing unemployment, improving education and healthcare perhaps ...). One thing that will be crucial for Egypt is the factor of entrepreneurship.

Diwali is a big holiday in India, and according to a recently released study, last year experienced the highest noise pollution levels recorded on the day. Noise pollution is a negative externality for the production of fireworks and such products. The noise pollution is damaging to society because it detrimental to hearing, so more of society will have to pay for hearing aids or surgery. Also, the government will have to make the country more accessible to the hearing impaired.

This article talks about the creations in jobs in Nigeria, and how that influenced the initiative for a better future and a better living standard. Also, women are mentioned to having more jobs and more jobs created for them, resulting in a development. Even though this is a big step, there are a lot of sectors that need aid, which do not only include employment.

The situation occurring in India right now exemplifies the conflicts behind allowing MNCs to embed themselves in a developing economy. FDI is a great source of income for developing economy, being an instantaneous source of employment for in that economy and being a mutually beneficial setup for MNCs in need of additional labor. The problem is that FDI tends to just be a band-aid approach, helping to sustain the economy and cover its financial issues but not really allowing said economy to progress any further. What certain government parties are saying to the Indian government is that they want MNCs to be forced into some sort of investment in India's future growth if those companies are going to embed themselves in the country.