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Home/ M2016 Economics SL Mr. Friedman/ Contents contributed and discussions participated by Sinmaz S

Contents contributed and discussions participated by Sinmaz S

Sinmaz S

Europe fears 'uncontrolled protectionism' as emerging markets turn against free trade -... - 0 views

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    This article discusses how emerging markets' blatant usage of protectionism, like that of Brazil raising tariffs on 100 sectors last October (2013) to defend is declining industrial base, is a threat to free trade and WTO's views on the matter.
Sinmaz S

Energy use and growth: An optimistic view | The Economist - 2 views

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    This is not an article but a blog entry in The Economist. I wanted to share this becuase the author has very interesting views on the correlation between energy use and ecoomic groewth. While most of us see economic growth as a reason to increase energy consumption the author here begs to differ.
Sinmaz S

How Does Corporate Investment Affect Aggregate Supply? - 4 views

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    The article talks about meanings of corporate investment and aggragate supply and their relation to one another.The result is that, though the shape of the supply curve will stay the same (both long and short run) corporate investments will be changing its position.
Sinmaz S

Turkey's economy: No more boom time | Business | DW.DE | 22.12.2014 - 1 views

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    This article talks about Turkey's declining growth rate and the failures in implementing structural reforms. The article mentions how in the third quarter of 2014 growth rate of Turkish Economy was below expected level and how real disposable income of Turkish citizens seem to be falling. This article is a good read that will teach a lot about economic activities.
Sinmaz S

Economic Issues That Increase Aggregate Demand - 1 views

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    This article by Laura Acavedo talks about interplay of economic factors that help increase demand. The article starts by saying that understanding these factors are important for the growth and future of small businesses. The factors that the article views are Interest Rate Decrease, Decrease in Taxes, International Involvement and Government Expenditures. I think this article is quite helpful for us all, and I would advise everyone in this class to read it :)
Sinmaz S

Is an accidental currency war breaking out? - MarketWatch - 0 views

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    "Central banks have been forced onto a policy path that is far from ideal - not least because they increasingly risk inciting some of the zero-sum elements of an undeclared currency war...." The article talks about how the divergence of monetray politics in three biggest economies (eurozone, japan and US) and unpredictable monetary policy central banks are pursuing affects economic growth.
Sinmaz S

Obesity as a market failure ‹ Japan Today: Japan News and Discussion - 1 views

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    In his article, Roberto De Vogli, discusses how obesity is a kind of market failure. Aapart from the comon view that obesity is "an effect of specific individual and lifestyle choices," Roberto De Voglie argues that "the problem is largely a byproduct of deeper political and economic changes in society.". Apart from discussing the reasons for this failure, he propeses a solutions. He says an ulta-processed food tax" must be introduced on fast foods and the revenue coming from this tax must be used as a subsidy fruits, vegetables and healhty foods.
Sinmaz S

Egypt Puts Price Controls on Fruit, Vegetables - 3 views

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    This article is about the price control on vegetables in Egypt. Apparently vegetable prices increased ver much recently in Egypt, therefore government has decided to put a price ceiling to these goods, to keep consumer expenses down. THe article talks about another time such a control has taken place, but it says those times (1970s)fruit and vegetables often disappeared from the marketplace into the black market so the government had to moce the price control on1980. The rationale behing this control is explaine as following in the article "The ministry said it would also work to lower prices by increasing the amounts of produce available in state-run cooperatives and ministry of agriculture outlets and by sending lorries to deliver fruit and vegetables to poorer neighborhoods." PS: Sorry for the late upload...
Sinmaz S

Big Tobacco Takes Its Last Drag As Economic Change Looms - Forbes - 1 views

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    This article discusses the previously strong position of cigarattes in economy and their place today. Cigarattes are considerd to be inelastic since they are highly addictive. However over the lst couple of years their elasticity have göne form -0.3 to -0.8. The article discusses how E-cigarattes have become increasingly popular over the years. The author states "E-cigarettes, however, could undermine the cross elasticities that Big Tobacco firms enjoy between traditional cigarettes and smokeless tobacco" and discuss cross elaticities as well as price elasticities of tobacco in this article.
Sinmaz S

McDonald's Can Afford to Pay More - Bloomberg View - 8 views

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    This article basically discusses how a raise in minumum wage would affect restaurants, spcially fast food restaurants such as McDonalds. As President Barack Obama propeses to raise the minumum wage to 10$ many fast food companies disaggree him saying that their customers are price sensitive and this increase in their cost would haveto reflect onto customers which would drive them away. However data says otherwise. The article indicates that the prices of fast foods are ectually inelastic and therefore an increase in price although would mean less customer it doesn't necesserily mean less revenue
Sinmaz S

Kerala firm sets up the largest glove manufacturing unit - Economic Times - 2 views

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    This article talks about a new Kerela firm that i set up for glove manufacturing. Since there is a huge gap between production and demand in India (about 75%) this firm decides to set up the greatest glove manufacturing unit.
Sinmaz S

Demand Drops, Supply Surges and Gasoline Prices Plummet - US News - 4 views

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    This article talks about the falling price of gasoline despite the fact that Middle East is in a chaotic sutiation. The author shows that the prices have fallen to their lowest level in Semtember in four years.The reason for that is because the demand has fallen dramatically after the end of summer driving season and the usage of smarter and environmental-friendly cars has increased over time. With the decrease in demand and increase in supply the prices are expected to fall until December.
Sinmaz S

Why Apple Watch is a missed opportunity - The Economic Times - 8 views

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    This is an article about apple's newest product 'Apple Watch'. The author simply brings a a topic that bothers me too on to the table and critizices Apple on that which is that this product being compatible with only other Apple Products. More than that it is compatible with the "newest" Iphones and very expensive. Mr Roy simply says that this is a missed opportuinity for Apple because if they had lowered the price and made their product for non-apple users too they could have doubled their addrasable market. So, I believe this is an article about opportunity cost because Apple has lost its opportunity open up to millions of extra buyers in order to gain more money. Their opportunity cost was their addressable market. (Sorry everbody, I added this 2weeks ago, but apparently I forgot to share it, so here we go :)) Sinem Sınmaz
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