Monthly Archives: March 2015

//March

A prospective future for electric cars

Reuters: Automakers race to double the driving range of affordable electric cars Article published: Mar 24, 2015 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Microeconomics (demand/supply, oligopoly, negative externality of production) Demand for electric cars are very low relative to demand for conventional ones. This might change in the [...]

By | 2017-08-23T10:53:02+00:00 March 25th, 2015|Micro|Comments Off on A prospective future for electric cars

Know your DEFINITIONS

No matter which IB Economics exam paper you're answering, accurately using definitions is key to get good marks. When you show the examiner that you know what the question is about, you've already laid down the basis of a great answer. If you use vague definitions or don't even include them, then you send the message [...]

By | 2017-08-23T10:53:34+00:00 March 25th, 2015|Exam Tips and Resources|Comments Off on Know your DEFINITIONS

Read the question

Although you might not feel as comfy during exams as this little chap at the beach, take our advice and make sure you READ THE QUESTION. Many students lose points just because they have not read the (full) question or that they have not considered the whole of it. We understand that the exam is [...]

By | 2017-08-23T11:16:20+00:00 March 24th, 2015|Exam Tips and Resources|Comments Off on Read the question

Anti-collusion regulations in action in China

The Economic Times (The Times of India): Qualcomm to pay $975 million fine over Chinese anti-monopoly claim Article published: Feb 10, 2015 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Microeconomics HL (monopoly power, collusion), International Economics (protectionism) China has stepped up against large firms violating anti-collusion laws. This time, [...]

By | 2017-08-23T11:16:14+00:00 March 24th, 2015|International Economics, Micro|Comments Off on Anti-collusion regulations in action in China

World Economic Forum —> World Development Forum: a much needed name change

The Guardian: Never mind growth, Davos delegates – how about a World Development Forum? Article published: Jan 30, 2015 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Development Economics (inequality, ending extreme poverty, economic growth vs. economic development) According to the author, Lawrence Haddad, a simple name change would mean [...]

By | 2017-08-23T11:16:09+00:00 March 22nd, 2015|Development Economics|Comments Off on World Economic Forum —> World Development Forum: a much needed name change

Increasing competition in the Mexican telecommunications industry

The Dallas Morning News: In latest Mexico deal, AT&T escalates competition with Carlos Slim Article published: Jan 26, 2015 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Microeconomics (market structures: oligopoly, monopoly; non-price competition) The telecommunications industry in Mexico is under change as AT&T has growing market power thanks to [...]

By | 2017-08-23T11:16:03+00:00 March 22nd, 2015|Micro|Comments Off on Increasing competition in the Mexican telecommunications industry

Irish govt’: price floor on alcohol to decrease the negative externalities of its consumption

Irish Examiner: 200 fewer deaths with minimum €1 alcohol price Article published: Mar 13, 2015 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Microeconomics (market failure, negative externalities) By setting a minimum price on alcohol, the Irish govt' aimed at reducing the consumption of this demerit good. They seem to [...]

By | 2017-08-23T11:15:58+00:00 March 22nd, 2015|Micro|Comments Off on Irish govt’: price floor on alcohol to decrease the negative externalities of its consumption

As sales decline, reform is on the way for McDonald’s

USA Today: McDonald's sales continue to slide Article published: Mar 9, 2015 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Microeconomics With declining sales, McDondald's plans to increase its brand loyalty/recognition by "enhancing the restaurant experience" to "reassert McDonald's as a modern, progressive burger company." You can show a decreased [...]

By | 2017-08-23T10:57:02+00:00 March 10th, 2015|Micro|Comments Off on As sales decline, reform is on the way for McDonald’s

Low-skilled people to enter the high-tech industry in the US

The Washington Post: Obama calls for effort to boost high-tech training, hiring Article published: Mar 9, 2015 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Macroeconomics (govt' spending, employment, education/training) 'Obama called on employers, educational institutions and local governments to develop a home grown high technology workforce that could help drive [...]

By | 2017-08-23T10:57:05+00:00 March 10th, 2015|Macro|Comments Off on Low-skilled people to enter the high-tech industry in the US

Ukraine: highest interest rate in 15 years at 30%

Reuters: Ukraine's central bank to lift benchmark rate to 30 pct Article published: Mar 3, 2015 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Macroeconomics (inflation, monetary policies), International economics (exchange rates, IMF) A great article about the unfortunate circumstances of Ukraine and how the Central Bank and the Govt' [...]

By | 2017-08-23T10:57:09+00:00 March 8th, 2015|International Economics, Macro|Comments Off on Ukraine: highest interest rate in 15 years at 30%

Price of sugar down because of overproduction – subsidy awaited

International Business Times (India): Mills Sell Sugar at Lower Rates to Pay Farmers as they Wait for Subsidy Article published: Feb 11, 2015 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Microeconomics (demand/supply, govt' intervention) Source of image: Agrodaily.com Do you need a little boost with IB Economics? Register for private [...]

By | 2017-08-23T10:57:21+00:00 March 3rd, 2015|Micro|Comments Off on Price of sugar down because of overproduction – subsidy awaited

U.S. agriculture delegation visits Cuba

Reuters: U.S. agriculture delegation visits Cuba, protests embargo Article published: Mar 2, 2015 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Microeconomics (opening up new markets - boosting demand) and International Economics (trade agreements) Source of image: endthesanctions.com Do you need a little boost with IB Economics? Register for private lessons here. [...]

By | 2017-08-23T10:57:35+00:00 March 3rd, 2015|International Economics, Micro|Comments Off on U.S. agriculture delegation visits Cuba

USD hit by a single comment

Reuters: Dollar hit by Japan government adviser's yen comment, Aussie jumps as RBA stands pat Article published: Mar 2, 2015 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: International Economics (exchange rates) Source of image: IndiaCrunch.in Do you need a little boost with IB Economics? Register for private lessons here. Looking for [...]

By | 2017-08-23T10:57:52+00:00 March 3rd, 2015|International Economics|Comments Off on USD hit by a single comment

Indian Govt’ to increase business confidence

The Economic Times (The Times of India): Budget 2015: Govt’s tax moves to ensure policy certainty, assure investors Article published: Mar 2, 2015 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Macroeconomics (deregulation) "Shoring up tax administration is a key policy priority for the government as it moves to attract [...]

By | 2017-08-23T10:58:05+00:00 March 3rd, 2015|Macro|Comments Off on Indian Govt’ to increase business confidence

Australian Central Bank leaves interest rates unchanged

Reuters: Australia's RBA holds rates, leaves door open for cut Article published: Mar 2, 2015 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Macroeconomics (monetary policies) Although a cut was awaited, the RBA held the rate unchanged, but an expansionary monetary policy might follow. Source of image: Daniel Munoz, Reuters Do you [...]

By | 2017-08-23T10:58:17+00:00 March 3rd, 2015|Macro|Comments Off on Australian Central Bank leaves interest rates unchanged

India plans to build new waterways

The Economic Times (The Times of India): Government may declare additional 101 routes as national waterways Article published: Mar 2, 2015 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Macroeconomics (supply-side policies) Besides waterways, other infrastructural projects will follow, such as building highways, ports, power plants, airports etc. As a [...]

By | 2017-08-23T10:58:31+00:00 March 3rd, 2015|Macro|Comments Off on India plans to build new waterways

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