Israel Removes Sugary Drinks Tax

i24 News: Israel scraps tax on sugary drinks, sparking health concerns Article published: 28 March,  2023 IB Economics syllabus: Microeconomics (market failure, negative externality, government intervention, taxes) Sugary drinks tax removal in Israel The new government in Israel has removed the sugary drinks tax, which was implemented last year. This will definitely increase the [...]

By |2023-09-11T09:47:05+00:00April 1st, 2023|Micro|Comments Off on Israel Removes Sugary Drinks Tax

Ice Cream Collusion

NPR Planet Money: The ice cream conspiracy Article published: 8 February,  2023 IB Economics syllabus: Microeconomics (Market failure - market power: collusion, oligopoly) Collusion in the market of premium ice cream This is an absolutely fascinating podcast episode by Planet Money about the way Ben & Jerry's and Häagen-Dazs are quite consciously making decisions [...]

By |2023-09-11T09:47:53+00:00February 21st, 2023|Micro|Comments Off on Ice Cream Collusion

Gender inequality in the US tariff system

The Washington Post: What women’s underwear tells us about our trade system Article published: 9 February,  2023 IB Economics syllabus: The Global Economy (trade protectionism, tariffs), Macroeconomics (inequality) Sexist and regressive tariffs in the US "U.S. trade barriers appear unusually sexist and regressive, and have been for many, many decades." A trade researcher, Ed [...]

By |2023-09-11T09:48:06+00:00February 15th, 2023|Global economics, IB Economics Revision Notes, Macro, Micro, Real World Example (RWE)|Comments Off on Gender inequality in the US tariff system

EconDaddy on TikTok!!!

EconDaddy on TikTok! If you would like to get useful exam tips, accurate definitions, solutions to exam questions, explanations, real-world examples, diagrams and more, stay tuned and hit that follow button! Cheers! Will you pass the IB Exams??? Test your knowledge with the below quiz. I'm taking the micro [...]

Fighting Against Sugary Drinks With Information

New York Post: NYC pol pushes to extend sugary-drink warnings at local chains Article published: 13 September,  2022 IB Economics syllabus: Microeconomics (market failure, negative consumption externality, demerit good) Provision of information This is a great article that shows taxes are not the only policy governments can use to limit the consumption of demerit [...]

By |2023-04-01T14:15:25+00:00September 21st, 2022|Micro|Comments Off on Fighting Against Sugary Drinks With Information

How To Write An IB Economics IA? Pro Tips From An Examiner – Video

5 Pro Tips For Writing an IB Economics IA Getting top marks for your commentary (IB Economics IA) is pretty difficult, especially if it's your first one. A lot of IB Economics students lose quite a few marks around the world because their teachers don't give them a clear explanation of what and how [...]

By |2022-02-21T10:39:45+00:00February 21st, 2022|General, Global economics, Macro, Micro|Comments Off on How To Write An IB Economics IA? Pro Tips From An Examiner – Video

Hungary and Price Caps

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By |2023-04-01T14:20:10+00:00February 4th, 2022|Micro|Comments Off on Hungary and Price Caps

Coffee Price at 10-Year High

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By |2023-04-01T14:21:30+00:00January 18th, 2022|Micro|Comments Off on Coffee Price at 10-Year High

Shortage Continues in the UK

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By |2023-04-01T14:21:45+00:00October 19th, 2021|Micro|Comments Off on Shortage Continues in the UK

Plain Packaging of Tobacco from Jan 2022 in Jersey

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By |2023-04-01T14:22:00+00:00October 15th, 2021|Micro|Comments Off on Plain Packaging of Tobacco from Jan 2022 in Jersey

Record Number of Cargo Ships Queueing at California Ports

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By |2023-04-01T14:22:16+00:00October 13th, 2021|Global economics, Micro|Comments Off on Record Number of Cargo Ships Queueing at California Ports

The Green Premium – by Bill Gates

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By |2022-01-11T22:59:21+00:00October 1st, 2021|Micro|Comments Off on The Green Premium – by Bill Gates

No More Leaded Gasoline Use on Roads

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By |2022-01-11T23:00:06+00:00September 20th, 2021|Micro|Comments Off on No More Leaded Gasoline Use on Roads

Speed Limit Set at 30km/h in Paris

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By |2022-01-11T23:00:12+00:00September 17th, 2021|Micro|Comments Off on Speed Limit Set at 30km/h in Paris

Rent Control Leads to Shortage in Sweden

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By |2022-01-11T23:00:24+00:00September 13th, 2021|Micro|Comments Off on Rent Control Leads to Shortage in Sweden

Global Chip Shortage Hurts Car Manufacturers

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By |2022-01-11T23:00:36+00:00September 8th, 2021|Micro|Comments Off on Global Chip Shortage Hurts Car Manufacturers

Milkshake Shortage in the UK

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By |2022-01-11T23:00:40+00:00September 1st, 2021|Micro|Comments Off on Milkshake Shortage in the UK

Overfishing: Market Failure at its Best

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By |2022-01-11T23:01:05+00:00March 20th, 2021|Micro|Comments Off on Overfishing: Market Failure at its Best

Public transport made free in Luxembourg

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By |2022-01-12T14:42:54+00:00March 5th, 2020|Micro|Comments Off on Public transport made free in Luxembourg

Only electric cars to be sold in the UK by 2035

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By |2022-01-12T14:43:49+00:00February 21st, 2020|Micro|Comments Off on Only electric cars to be sold in the UK by 2035

Coronavirus and the hockey stick shortage

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By |2022-01-12T14:44:45+00:00February 12th, 2020|Micro|Comments Off on Coronavirus and the hockey stick shortage

Committee on Climate Change: meat and dairy consumption must be cut by a fifth

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By |2022-01-13T10:14:56+00:00February 8th, 2020|Micro|Comments Off on Committee on Climate Change: meat and dairy consumption must be cut by a fifth

When “going green” kills – the hidden costs of denuclearizing Germany

Say goodbye to long textbooks! 🥳 Check out my IB Economics Revision Notes and  smash the exams! 👊😎 EVERYTHING you need to know and NOTHING that you don’t – put together by an examiner. 😉🤫 Show me those funky notes Wired: Germany Rejected Nuclear Power—and [...]

By |2022-01-13T10:15:30+00:00February 3rd, 2020|Micro|Comments Off on When “going green” kills – the hidden costs of denuclearizing Germany

New York Times article on global air pollution and the fight against it

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By |2022-01-13T10:16:01+00:00January 20th, 2020|Micro|Comments Off on New York Times article on global air pollution and the fight against it

How (not to) change people’s commuting behavior

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By |2022-01-13T10:16:16+00:00January 14th, 2020|Micro|Comments Off on How (not to) change people’s commuting behavior

Booking.com promises to change deceptive offers

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By |2022-01-13T10:16:30+00:00December 31st, 2019|Micro|Comments Off on Booking.com promises to change deceptive offers

A letter that saved lives

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By |2022-01-13T10:16:45+00:00December 30th, 2019|Micro|Comments Off on A letter that saved lives

Cobalt production leads to 10,000 families losing their homes in DR Congo

Say goodbye to long textbooks! 🥳 Check out my IB Economics Revision Notes and  smash the exams! 👊😎 EVERYTHING you need to know and NOTHING that you don’t – put together by an examiner. 😉🤫 Show me those funky notes The North Africa Post: DR Congo [...]

By |2022-01-13T10:30:53+00:00December 21st, 2019|Micro|Comments Off on Cobalt production leads to 10,000 families losing their homes in DR Congo

No water available in Australian school

Say goodbye to long textbooks! 🥳 Check out my IB Economics Revision Notes and  smash the exams! 👊😎 EVERYTHING you need to know and NOTHING that you don’t – put together by an examiner. 😉🤫 Show me those funky notes The Guardian: Queensland school runs [...]

By |2022-01-13T10:31:37+00:00December 16th, 2019|Micro|Comments Off on No water available in Australian school

India bans e-cigarettes

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By |2022-01-13T10:33:59+00:00September 28th, 2019|Micro|Comments Off on India bans e-cigarettes

Price of rice in Japan – Planet Money podcast

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By |2022-01-13T10:34:09+00:00September 19th, 2019|Micro|Comments Off on Price of rice in Japan – Planet Money podcast

Calorie Reduction Plan in England

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By |2022-01-13T10:42:40+00:00August 23rd, 2017|Micro|Comments Off on Calorie Reduction Plan in England

New international agreement on decreasing global oil production

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By |2022-01-13T10:43:49+00:00December 14th, 2016|Micro|Comments Off on New international agreement on decreasing global oil production

Tax cuts for Chinese car manufacturers

Say goodbye to long textbooks! 🥳 Check out my IB Economics Revision Notes and  smash the exams! 👊😎 EVERYTHING you need to know and NOTHING that you don’t – put together by an examiner. 😉🤫 Show me those funky notes Wall Street Journal: China Car Sales [...]

By |2022-01-13T10:45:07+00:00October 15th, 2016|Micro|Comments Off on Tax cuts for Chinese car manufacturers

Sugary drinks should be taxed according to WHO

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By |2022-01-13T12:04:40+00:00October 12th, 2016|Micro|Comments Off on Sugary drinks should be taxed according to WHO

Officials in England plan to introduce regulation to cut back childhood obesity

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By |2022-01-13T12:05:08+00:00October 5th, 2016|Micro|Comments Off on Officials in England plan to introduce regulation to cut back childhood obesity

Market failure and cheating: Volkswagen’s “clean diesel” scandal

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By |2022-01-13T12:05:48+00:00September 26th, 2015|Micro, Uncategorized|Comments Off on Market failure and cheating: Volkswagen’s “clean diesel” scandal

Drug prices soar in the U.S. as a result of low PEDs

Say goodbye to long textbooks! 🥳 Check out my IB Economics Revision Notes and  smash the exams! 👊😎 EVERYTHING you need to know and NOTHING that you don’t – put together by an examiner. 😉🤫 Show me those funky notes The NY Times: Runaway Drug Prices Article published: May 5, 2015 [...]

By |2022-01-13T12:06:34+00:00May 5th, 2015|Micro|Comments Off on Drug prices soar in the U.S. as a result of low PEDs

Carbon floor price hike will trigger UK coal slowdown

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By |2022-01-13T12:07:14+00:00April 28th, 2015|Micro|Comments Off on Carbon floor price hike will trigger UK coal slowdown

A prospective future for electric cars

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By |2022-01-13T12:07:43+00:00March 25th, 2015|Micro|Comments Off on A prospective future for electric cars

Increasing competition in the Mexican telecommunications industry

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By |2022-01-13T12:08:50+00:00March 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

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By |2022-01-13T12:14:04+00:00March 22nd, 2015|Micro|Comments Off on Irish govt’: price floor on alcohol to decrease the negative externalities of its consumption

LET’S BOOST YOUR IB ECONOMICS GRADE

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By |2022-01-13T12:14:17+00:00March 14th, 2015|Development Economics, Exam Tips and Resources, International Economics, Macro, Micro|Comments Off on LET’S BOOST YOUR IB ECONOMICS GRADE

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

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By |2022-01-13T12:14:32+00:00March 10th, 2015|Micro|Comments Off on As sales decline, reform is on the way for McDonald’s

Price of sugar down because of overproduction – subsidy awaited

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By |2022-01-13T12:15:15+00:00March 3rd, 2015|Micro|Comments Off on Price of sugar down because of overproduction – subsidy awaited

U.S. agriculture delegation visits Cuba

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By |2022-01-13T12:15:35+00:00March 3rd, 2015|International Economics, Micro|Comments Off on U.S. agriculture delegation visits Cuba

Starbucks offering coconut milk as demand grows

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By |2022-01-13T12:16:54+00:00February 26th, 2015|Micro|Comments Off on Starbucks offering coconut milk as demand grows

Decreasing federal aid to Maryland highways

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By |2022-01-13T12:18:04+00:00February 25th, 2015|Micro|Comments Off on Decreasing federal aid to Maryland highways

Oil transportation taxed in Canada

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By |2022-01-13T12:18:17+00:00February 22nd, 2015|Micro|Comments Off on Oil transportation taxed in Canada

The effects of low oil prices on Americans

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By |2022-01-13T12:18:30+00:00February 19th, 2015|Micro|Comments Off on The effects of low oil prices on Americans

Substitution effect at work

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By |2022-01-13T12:18:46+00:00February 17th, 2015|Micro|Comments Off on Substitution effect at work

OPEC’s power decreasing

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By |2022-01-13T12:22:11+00:00February 14th, 2015|International Economics, Micro|Comments Off on OPEC’s power decreasing

Pollution causes numerous deaths in Chinese village

Say goodbye to long textbooks! 🥳 Check out my IB Economics Revision Notes and  smash the exams! 👊😎 EVERYTHING you need to know and NOTHING that you don’t – put together by an examiner. 😉🤫 Show me those funky notes The Guardian: Chinese government investigates 'cancer [...]

By |2022-01-13T12:23:04+00:00December 10th, 2014|Micro|Comments Off on Pollution causes numerous deaths in Chinese village

Hazardous loan wavers in India

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By |2022-01-13T12:23:19+00:00September 11th, 2014|Micro|Comments Off on Hazardous loan wavers in India

E-cigarette – causing negative or positive externalities?

Say goodbye to long textbooks! 🥳 Check out my IB Economics Revision Notes and  smash the exams! 👊😎 EVERYTHING you need to know and NOTHING that you don’t – put together by an examiner. 😉🤫 Show me those funky notes BBC: 'Ban E-cigarette use indoors,' says [...]

By |2022-01-13T12:24:21+00:00August 31st, 2014|Micro|Comments Off on E-cigarette – causing negative or positive externalities?
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