negative externality of consumption

/Tag:negative externality of consumption

Only electric cars to be sold in the UK by 2035

BBC: The UK just gave the car industry 15 years to ditch fossil fuels Article published: Feb 4, 2020 IB Economics syllabus: Microeconomics (market failure, externalities of consumption) The UK government has decided to ban the sale of all new cars that burn fossil fuels by 2030 in a bid to reach net zero carbon emissions by [...]

By | 2020-02-21T15:52:14+00:00 February 21st, 2020|Micro|Comments Off on Only electric cars to be sold in the UK by 2035

India bans e-cigarettes

CNN: India is banning all e-cigarettes over fears about youth vaping Article published: Sep 18, 2019 IB Economics syllabus: Microeconomics (negative externality of consumption, government intervention) India has completely banned all e-cigarettes in the hope to cut all the adverse health issues associated with them. While smoking is usually shown by a negative consumption externality diagram, an [...]

By | 2019-09-28T11:38:07+00:00 September 28th, 2019|Micro|Comments Off on India bans e-cigarettes

Calorie Reduction Plan in England

BBC: Calories in popular foods must be cut, say health officials Article published: Aug 18, 2017 – out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Microeconomics (market failure, negative externalitites) Public Health England plans to introduce targets to cut the current level of calories in popular foods. Following the reductions of [...]

By | 2018-10-25T04:12:02+00:00 August 23rd, 2017|Micro|Comments Off on Calorie Reduction Plan in England

Sugary drinks should be taxed according to WHO

NY Times: W.H.O. Urges Tax on Sugary Drinks to Fight Obesity Article published: Oct 11, 2016 – out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Microeconomics (negative externalities of consumption) The World Health Organization urges countries to introduce taxes on sugary drinks. Quote from the article: “If governments tax products like sugary [...]

By | 2018-10-24T03:42:10+00:00 October 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

BBC: Childhood obesity plan 'to include 20% sugar cuts' Article published: Aug 17, 2016 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Microeconomics (negative externalities of consumption) The consumption of food and drink with high sugar content leads to many negative externalities. In the first place, it leads to [...]

By | 2017-08-23T11:16:25+00:00 October 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

Reuters: Volkswagen could face $18 billion penalties from EPA Article published: Sep 18, 2015 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Microeconomics (market failure, regulation, pollution) While very unfortunate, the Volkswagen scandal serves as great material if you'd like to write a commentary on the negative externality of consumption. [...]

By | 2017-08-23T10:51:08+00:00 September 26th, 2015|Micro, Uncategorized|Comments Off on Market failure and cheating: Volkswagen’s “clean diesel” scandal

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

E-cigarette – causing negative or positive externalities?

BBC: 'Ban E-cigarette use indoors,' says WHO Article published: Aug 26, 2014 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Section 1, Microeconomics While it is pretty obvious that cigarettes cause negative externalities of consumption, what about e-cigarettes? An interesting article if you are into market failure, health regulations, [...]

By | 2017-08-23T11:04:09+00:00 August 31st, 2014|Micro|Comments Off on E-cigarette – causing negative or positive externalities?

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close