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Jin Seo

Microsoft posts first loss as public company - Business - Al Jazeera English - 1 views

  • Microsoft
    • Jin Seo
       
      Example of a real life monopoly 
    • Jin Seo
       
      Total cost > total revenue 
  • ...3 more annotations...
  • net loss of $492m
  • profit of $5.87bn
  • $18bn
  •  
    Microsoft first loss as a public company
Keisuke Ozeki

Premier League fans rage over ticket prices after new TV deal said to earn millions | F... - 3 views

    • Keisuke Ozeki
       
      Taking advantage of consumers with inelastic demand for football
  • increased ticket prices make little difference to a club's overall revenue.
    • Keisuke Ozeki
       
      Price increase does not lead to revenue increase
  • hiking the cost of a season ticket "despite failing to deliver Champions League football".
    • Keisuke Ozeki
       
      Inelastic Demand Curve - people still decide to support despite their underachievement
  • ...1 more annotation...
  • one in ten season ticket holders at a top-flight club would not renew their pass next season because of the cost, and almost a quarter were unsure if they could afford to buy another season ticket.
    • Keisuke Ozeki
       
      Losing buyers
alisaw

Liverpool and Manchester United fans to launch ticket price campaign as Man City return... - 2 views

  • cost £62 each, making them unaffordable for many fans
    • alisaw
       
      Demand - less people are willing and able to pay for the tickets
    • alisaw
       
      Could mention how usually ticket prices are rather inelastic but in this case it's gone to the point that people are complaining
  • demand a reduction in ticket prices.
  • We're going to be launching a campaign within a few weeks, we will be calling for a maximum ticket price in the Premier League for away fans
    • alisaw
       
      Can show diagrammatically the effect of a maximum price on ticket prices
  • ...3 more annotations...
  • He added that TV revenue could be used to subsidise ticket prices, and claimed that the extra money coming into the game next season could be used to reduce ticket prices by £32.
    • alisaw
       
      -What is TV Revenue? -How would subsidising the tickets lead to solving this problem?
    • alisaw
       
      (Can also use the values)
  • When Stoke, a less glamorous side, visit the Emirates, for example, their supporters will be able to get in for just £32.50.
    • alisaw
       
      Can talk about why it is that certain teams are more expensive to watch
  • the campaign.
Mattias Lindell

Kenyan MPs defy president, hike pay to 130 times minimum wage | Reuters - 1 views

  •  
    Keyan Minimum Wage
Marika Shimomura

Coffee Futures Drop to Lowest Since 2009 on Ample Supply - 0 views

  •  
    Excess supply
Jin Seo

China's Gold Demand to Slow From April Surge: Association - Bloomberg - 0 views

  •  
    Demand of gold in china slows down 
klemens koestler

Xbox One is out to control your living room - J.J. Zhang's Winner Take All - MarketWatch - 0 views

  •  
    Might struggle with this one - not too much economic theory to talk about...
grace turner

Study: Tax Cuts Might Drive Income Inequality After All - Jordan Weissmann - The Atlantic - 1 views

  •  
    editorial thing
Nayana Devadas

CURRENCIES & BONDS / Dollar below 81.50 yen in Tokyo, cutting early gains ahead of BOJ ... - 0 views

  • At 5 p.m., the dollar was quoted at 81.27-30 yen, still up from 81.11-12 yen at the same time Friday.
  • The dollar pared its early gains to trade mostly below 81.50 yen in Tokyo trading Monday, as the recent yen-selling spree took a pause before the Bank of Japan's upcoming monetary policy decision.
  • where it was supported by hopes for an early deal to avoid the "fiscal cliff," or a combination of looming tax increases and spending cuts.
  • ...3 more annotations...
  • consider a plan under which the central bank buys construction bonds directly from the government
  • expectations for drastic monetary easing by the central bank. Abe's repeated calls for "unlimited" monetary easing, aimed at beating the deflation, sparked such expectations.
  • In futures trading on the Tokyo Stock Exchange, the lead December contract on 10-year JGBs edged down 0.08 point from Friday to end at 144.62. Volume decreased to 25,289 contracts from 33,371.
Yuuji Mitsuta

BBC News - Yen dips as Yoshihiko Noda proposes snap elections - 0 views

  • It fell as low as 80.83 yen
    • Yuuji Mitsuta
       
      Depreciation
  • print "unlimited yen" to help fight deflation.
  • Analysts said such a move would weaken the yen even further.
  • ...5 more annotations...
  • We are expecting the dollar/yen to head up to around 82 yen by the end of the year."
  • Meanwhile, policymakers have found it increasingly tough to boost domestic consumption, as they continue to fight deflation or falling consumer prices, which tend to make customers put off their purchases in hope of a better deal down the road.
  • needed to set an inflation target of 3% instead of its current 1% goal to help revive growth in the economy.
  • monetary policy would be key
  • Japan's exports, one of the biggest drivers of growth, have been hurt by a slowdown in key markets such as the US and Europe.
Aili Saito

US complains about China import duties | News.com.au - 0 views

  • car makers have been affected by the tariffs
  • countries are allowed to impose tariffs to offset damage from subsidies and dumping
  • successfully challenged Chinese tariffs on high-tech steel products and has also disputed tariffs on chicken products.
  • ...5 more annotations...
  • impose a tariff on US imports of low-grade Chinese tyres
  • anti-dumping
  • virtual monopoly
  • China says curbing rare earth exports is for environmental protection, not intended to help Chinese companies.
  • Chinese Commerce Minister Chen Deming said the vehicle duties were legal
Nayana Devadas

Mighty yuan still not without risk for China - The National - 0 views

  • spot exchange rate agains
  • upper limit of its floating range
  • trading band for the yuan's dollar exchange rate was widened
  • ...3 more annotations...
  • rapid currency appreciation is a potentially dangerous development for China - in part owing to the risk of an abrupt and painful reversal.
  • greater global liquidity
  • Given China's adherence to a stable monetary policy, the yuan has become a more attractive asset to hold.
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