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Home/ IB Economics SL JG/ Contents contributed and discussions participated by Pieter d

Contents contributed and discussions participated by Pieter d

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Innovative Fiscal Policy, Please? - 0 views

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    The article talks about the importance of budget planning and spending.
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Higher Education and Economic Growth in India and China - 0 views

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    I found this article very interesting, as it is the first article I have seen that mentions the correlation between having more people with higher education, and having a higher level of economic growth.
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French Army and Mali Rebels fighting over towns - 0 views

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    This me only be loosely related, but i found the article interesting. This could be looked at as a tragedy of the commons example, with Mali and Konna being viewed as the commons.
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The negative externalities of the oil spill - 0 views

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    This is an example of a negative externality because it talks about how their is a large focus on BP and their success in the global market instead of how much the oil spill affected the enviroment.
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Harmful drug policy in india - 1 views

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    This article shows examples of price control because it talks about how the indian government has lowered prices on most major drug brands there. This hurts india because there are less investors.
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India tackles public defecation - 0 views

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    I know this may be a very ridiculous selection, but it points out one very obvious and necessary resource that many rural and suburban Indians do not possess, namely, a toilet!! The fact the even toilets can be considered a scarce resource was interesting, and helped to cement the idea that literally everything can be thought of as a scarce resource. The opportunity cost can be thought of as the other public works that Indians won't get because the government has to spend money on toilets. This also shows an example of economic growth, as the basic livelihood and welfare of Indian citizens may now increase, thanks to improved public hygiene.
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