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In this article it talks about the poor economy in Indonesia and the little income some of its citizens have. Due to so little income some people cannot buy proper food for their families resulting in malnutrition. This is a huge problem for the economy as it cannot get back on its feet if people do not spend money, but if there is no money to spend then what can one do?

This article tells us that because the prices of foods as increased, there is poverty and malnutrition is countries like Indonesia. Two different types of surveys was taken in Indonesia before 1996 and immediately after the economics crisis in 1999. The result was that some food nutrients like iron and calcium was more than usual during the crisis years and and food nutrient like Vit C was almost nothing.

the article talks about a change in the income tax paid by the highest bracket of the English economy; this means that all the money earned above £130,000 will have to pay 50p per pound (50%) rather than 40p per pound. Economists predict that the income change will not have any effect on the earnings as the income elasticity of the bracket of economy is 0.46.

These article talks about how people spend less of their income for charity. This could be income elasticity, since people would spend their income or something they would find more necessary (such as food for their families or just buy necessary things for their own good). Therefore, there is no more demand for charities and people do not offer their money to charities anymore.

This article talks about the increasing need for oil to be imported by China. We learned that imports are leakages from the Circular Flow of Income, and that if leakages outweigh interjections, then income will fail. However, this being China, I believe the income for China will not be greatly affected because China is one of the biggest exporters in the world.

A lot of people have preached in the past about how we should destroy the social class system, about how the difference between wealthy and impoverished is an abomination and that the workers should rise up against their oppressive bosses and show them that the employers need their employees and not the other way around. However, most people probably haven't considered the economic angle to it. I hadn't, till I read this article, and I didn't more than the first few sentences to get me thinking. In a country where 10% can buy whatever they want and the other 90% can barely afford to feed their families, how do you get anything done. Those 90% probably do menial labor all day, creating goods and providing services for the 10% that act as their directors, and while this system works out fine for those 10%, your entire aggregate demand is still comprised of only the wants and needs of a tenth of your population. The fewer people you have with the ability to buy things, the smaller your macro-economic activity will be and, thus, your GDP. Now, while this kind of inequality is not fatal to a countries economic stability, per the previous reasons, it definitely puts it at a disadvantage to countries of equal wealth, resources, and population where demand is spread more evenly per capita.

This article talks about how a few larger electricity and gas companies have increased their prices after the news about a cold and bitter winter in the UK. If we apply this to what we have read about this week, they know that the demand for fuel in houses will increase, but with a increased price they can avoid shortage during this period of time, hopefully. At leas this is what they try to do. They also know it is profitable for them, since people will still need the fuel due to the cold, so the income for the company gets higher.

This article addresses the point of how politicians play a very important role in the model of circular flow of income model. They represent government sector in it and banning the use of lights under certain conditions conferred by the decree of French government is a way how to shrink leakages which belong to government spending and to move national economy more towards equilibrium where leakages equal to injections.

The article talks about topic covered already in the title, with some interest to the growth of industry of southern euro-zone countries and exacerbation of German and French production. So obviously, here I can refer to PPF where resources (also human capital) are being used more efficiently; here is the movement inside existing frontier or perhaps even outward shift with improved quantities and qualities of goods (especially capital). Nevertheless, economists still fear the euro-zone might fall in recession again if there are two quarters of consecutive fall (if the economy contracted). The market clearing price of many durable goods can be determined only to some extent, due to the presence of outside disturbance (fiscal and banking crisis - therefore always introducing new policies and bail-out deals). Another thing associated with the previous sentence and the article is the price mechanism (interaction of demand and supply) which allocates resources. Under unstable circumstances which are currently taking place in euro-zone, incomes are plummeting (falling GDP per capita) except for some particular periods of time when the economy meets actual growth, meaning that there is less demand leading to an inverse effect for producers. Normally, producers wish to supply more at higher prices, especially if income of people soars so they buy more of that goods. Therefore, higher prices do not present an incentive for producers to produce more. All the producers want to increase their producer surplus; but the trend is clear - towards maximized community surplus, since producers depend on consumers' utility.

This article is just one out of many which focus not on economic development but on economic growth. I have to admit that I am occasionally annoyed by the fact that most emphasis is always put on the pure increase in the real GDP or share of an industry relative to the country's economic performance. I think we should much more often apply a more expansive review of the economic growth, which is economic development. The latter tells you a lot more about the health, education, and income factors and can serve a very useful purpose in the context of what I call "holistic growth" that comprises different elements, not just purely economic performance as such. While I am happy to hear that Switzerland is doing great and its largely highly skilled workforce based economy is in the expanding phase, I am much more eager to hear how people have more disposable income, better healthcare system,... which is fortunately the case for Switzerland, however, also the perpetual growth in Switzerland has been faced with an increasing fear of possible rising unemployment rates.

The oil company ExxonMobil announced profits of 36 biollion us dollars, however according to the tax foundation the government had a income on this by 54 billion.

The government of Greece decided to put an old airport (twice as big as Central Park) for sale for 6 billion euros. In this way, the government would sell this old area to a private owner, therefore creating 9,000 jobs for Greece and helping the government and the country. We can say that this is price control, since the Greek government gave the price for the area, and is trying to stabilize/help the economy by creating a price for this area that could be used to help greatly Greece. In fact, not only jobs would be given but tourism would increase greatly (as well as the Greek income).

While there was a lot of economic lingo in here that I didn't completely understand, what I did pick up was the use of price increases to help the government make more money. The government makes its money off the financial interactions between households and firms. This is done through income tax, sales tax, etc. Starting to sound familiar? So, by increasing the price on diesel, the government ensures that large transactions will be made between the household and the firm, meaning they get a bigger chunk of dough. But the political motive behind this is that the government can now use the extras cash-money to fund public programs and what not for social benefit.

This article talks about a planned cut to the EU's seven-year budget of about £30bn. Considering the EU to be a macroeconomy, the government is cutting its spending. This decreases that part of the flow of income.

This article offers a short analysis of the Chinese export promotion: outward-oriented strategy to bolster economic growth with some causes for its slowing down. But export promotion is not sufficient to promote development and to ensure the sustainability of the growth-led process. Although China is a star of export- or outward-oriented strategy, there are some possible disadvantages as well, including dependence on foreign demand or worse income equality or environmental degradation as well as undermined care for social safety net. Export-oriented growth is a perfect example in economics that there are no absolutes and that everything is not white nor black but gray.

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.