IBEconomics

This looks like it might a supply issue - so microeconomics supply and demand

So there has been a shift outwards in supply. I can show this on a diagram. However I need to explain why it has shifted.

So the only way this can be explained is that demand has increased more than the increase in supply, therefore leading to a 'rocketing' in prices. Again, would be good if I could explain why.

This nicely allows some evaluation, as we can speculate on to what evaluate the government should change interest rates

I could use this to introduce the relationship between interest rates and exchange rates. However that's more international economics so I might just ignore it. 

This is a nice article that allows me to explain what inflation is and how Kenya has cost-push disinflation. I can easily show this in a diagram. What's more it also talks about monetary policy, so I can explain how the government has helped create this - the impact of interest rates on costs. There are also some really good evaluation opportunities, particularly as the article suggests the Kenyan government itself doesn't know what to do with interest rates. I can ignore exchange rates but instead focus on the possible impact on employment and general GDP growth, whilst not ignoring the ominous signs mentioned about future world commodity prices.

A minimum price has been set for maize at 1,300,000 Zambia kwacha ($244.40 US dollars) for 1,000 kg.  A micro: minimum diagram can be made.

Maize is a good, which has many complimentary goods, because it is a staple food in many recipes.  This can be shown in a cross price elasticity diagram.

It is also a substitute good. Though carbs of some kind are a necessity, people could by wheat or rice or millet instead. You could consider looking at prices of substitute goods.

There is high demand for maize, so this good is inelastic and therefore it is smart to place a floor price on this good, since price will increase with little change to the demand.

This is also a subsidy. You could draw a subsidy micoeconomics graph for this.

Demand has decreased due to economic crisis

EU intervention to reduce surplus of olive oil and incomes in rural areas of spain

Demand has decreased due to economic crisis

first IA

Decrease in demand

merit good that is under consumed

positive consumption externality

MPB moves towards MSB

making vaccinations more accessible

Boom and the bust represents the business cycle. The boom being the positive output gap and the bust representing a negative output gap (recession) In this case Spain was experiencing a boom, but after a while they faced a recession because they did not have spare capacity in the factors of production as they use to have (used too much doing the boom)

Because of the very high unemployment rate, it is very difficult for Spain to get out of recession. This is one of the reasons why Spain may be forced to ask for a bailout.

Possible evaluation: Higher tax may increase the government's income, but based on Laffer Curve, if the new tax rate is beyond the most effective tax rate, then in reality, income can be lower.

Demand, indicates that this article is on micro economics, relating to supply and demand

Output is another word for supply and this can be referenced to micro economics, which is about supply and demand. 

-Increase borrowing and decreasing savings -however, real interest rates are positive due to deflation 

Increase in budget deficit as spending increases and tax revenue decreases - along with debt of 215% of GDP

GDP=C+!+G+X-M  demand for domestic products decrease because foreign products are relatively cheaper - increase in M and decrease in X, so AD decreases and GDP decrease causing deflation

This response will be about falling inflation. So I'm hoping to find some information on perhaps why it is falling, to what extent the government played a part, and what might the consequences be?

Unemployment rates in Germany at a record low Debt crisis in euro zone not affecting 

Fell by .1% from April to May. Lowest since comparable records begann in 1998 

This suggests Spain's involvement in the Euro crisis, and how unemployment rose as a result. 

'Record unemployment' gives us an idea of the magnitude of the impact the euro crisis had on Spain. I could discuss the type of unemployment and what could be done to improve the situation. In this case, the type of unemployment would be cyclical, as it occurs partly as a result of the business cycle.

Unemployment is macroeconomics. 

Chivas brothers trying to increase the supply because of a increase in demand

With the 25% you can find out the old supply

This can lead to more supply and even more demand.

A supply and demand diagram showing how the loss of subsidy should affect price

 Ethanol is a substitute good of oil. High price of oil thus make ethanol relatively cheap (Calculate XED if with sufficient data)

tax credit is "sum deducted from the total amount a taxpayer owes to"  

Increase in price of FoP

decrease in demand