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Home/ M2016 Economics SL Mr. Friedman/ Contents contributed and discussions participated by Moro E

Contents contributed and discussions participated by Moro E

Moro E

The Boy Who Cried Growth: The Empty Rhetoric of George Osborne - 0 views

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    This article talks about how the Chancellor of the Exchequer, George Osborne has been over optimistic and his talk isn't particularly strong. His words were not true and the economy grew less than hoped.
Moro E

UK inflation rate falls to zero in February - 0 views

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    This article talks about how inflation in the UK reached 0 this February and various factors
Moro E

The UK's productivity puzzle - 1 views

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    Raising UK living standards depends on raising productivity, but how? In this article a lot is discussed about the issues of business cycles
Moro E

Varoufakis: Repaying IMF is priority - 1 views

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    Although this video does not directly discuss aggregate supply I asked myself how they could expect to be able to supply enough goods to the people and how the government could gain enough from it to get itself out of the sticky situation
Moro E

Here's why economists will shrug off a dismal GDP report - 1 views

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    This article discusses the reasons why people aren't worried about a bad Q1 GDP despite the fact that it's the first negative GDP in 2 years
Moro E

Greece to push for bailout revision - 0 views

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    I think this article is relevant because it's about Greexe tying to bring its economy back on track but the political issues with a large cash injection
Moro E

Lettuce See the Future: Japanese Farmer Builds High-Tech Indoor Veggie Factory - 0 views

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    I chose this article because it talk about indoor farming. This does not damage public land and it reduces waste. It satisfies a demand without deleting or damaging the commons (the land normally used for farming)
Moro E

Wind turbine noise may be annoying - but it's not making you sick - 0 views

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    This is explain the negative effects of wind turbines and how people who find them annoying may complain about their health also. Wind turbines can be a good example of negative externality because people who see them may be unhappy, people who pay for them may be unhappy and the only people who are better off are those who do not pay for their power and sell it on.
Moro E

Call to control rising house prices - 1 views

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    The Help to Buy scheme helps people buy their first houses even if they are on low income but because the prices of houses keep increasing the government is being asked to intervene
Moro E

Music Industry Admits Music is an Elastic Good - 1 views

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    This article discusses how the music industry has been changing the price of music because people are only willing to buy music if it is cheap given that it is pleasurable to us but not necessary. It also talks about how CD sales are declining because of the ease of online digital music.
Moro E

Super Bowl XLVIII Pricing: A Lesson In Demand Elasticity - 3 views

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    This article discusses how the drastic increase in price for a seat at the 2013 Super Bowl and the writer is saying that this is mainly because teams want to make the most out of every seat and people are still willing to pay the high price.
Moro E

Oil market equilibrium fragile - 1 views

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    This article discusses the need for oil and how increase in demand in certain areas of the world cancel out decreases in other parts creating a worldwide balance. It also discusses what would happen were some factors to change e.g. increased interest in renewable fuels
Moro E

Water Scarcity Drives US to Smarter Use - 1 views

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    The article discusses how water is not recycled. I thought it applied because water is a Free Good but by being discarded in this way we are paying for it to be processed then discarded. I also thought it captured the first thing I learned of how scarce resources are/should be allocated
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