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Calorie Reduction Plan in England

  BBC: Calories in popular foods must be cut, say health officials Article published: Aug 18, 2017 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 sugar in sugary drinks, the new measure will most likely [...]

By | 2017-08-23T12:08:24+00:00 August 23rd, 2017|Micro|Comments Off on Calorie Reduction Plan in England

Know Macroeconomics and Become a Billionaire

Warning! This article is not suitable for a commentary (it's just very interesting). Priceonomics: The Trade of the Century: When George Soros Broke the British Pound IB Economics syllabus: Macroeconomics (exchange rates) This is a superb article that explains in detail how a managed exchange rate works in real life (with all its downsides) [...]

By | 2017-08-23T11:24:55+00:00 August 23rd, 2017|Macro|Comments Off on Know Macroeconomics and Become a Billionaire

IMF says that India is no longer the fastest growing economy

CNN Money: India no longer the world's fastest-growing economy: IMF Article published: Jan 16, 2017 IB Economics syllabus: Macroeconomics (economic growth) The IMF's World Economic Outlook forecasts that economic growth in India will decline this year, thanks to a "temporary negative consumption shock" caused by the government's decision to ban the countries largest rupee notes, a policy [...]

By | 2017-08-23T10:29:08+00:00 February 6th, 2017|Macro|Comments Off on IMF says that India is no longer the fastest growing economy

Interest rate increase in the U.S.

  Forbes: Fed Hikes Rates For Second Time In A Decade, Indicates More To Come In 2017 Article published: Dec 14, 2016 IB Economics syllabus: Macroeconomics (monetary policiey, interest rate) For the second time in over 10 years, the Central Bank of the U.S. (known as the Fed) has increased the interest rates, which is a [...]

By | 2017-08-23T10:39:41+00:00 February 6th, 2017|Macro|Comments Off on Interest rate increase in the U.S.

New international agreement on decreasing global oil production

  BBC: Oil price surges as Opec and non-Opec members agree deal to cut output Article published: Dec 12, 2016 IB Economics syllabus: Microeconomics (demand and supply, cartel) This time, the OPEC has managed to get an agreement through with non/OPEC members, most notablz, with Russia. The agreement - following last week's one - is about [...]

By | 2017-08-23T10:41:45+00:00 December 14th, 2016|Micro|Comments Off on New international agreement on decreasing global oil production

ECB keeps increasing the money supply

BBC: ECB extends bond-buying scheme but at slower pace Article published: Dec 8, 2016 IB Economics syllabus: Macroeconomics (Monetary policy) At times of low economic growth and very low inflation, Centrtal Banks use expansionary monetary policies to get things going. This includes decreasing interest rates and increasing the money supply. While interest rates are already very [...]

By | 2017-08-23T10:41:51+00:00 December 14th, 2016|Macro|Comments Off on ECB keeps increasing the money supply

OPEC cuts oil supply first time in 8 years

Guardian: Oil price surges as Opec agrees first cut in output since 2008 Article published: Nov 30, 2016 IB Economics syllabus: Microeconomics (demand and supply, cartel) Decreased supply leads to higher price: "The price of oil has surged by 8% after the 14-nation cartel Opec agreed to its first cut in production in eight years." Source [...]

By | 2017-08-23T10:42:30+00:00 December 14th, 2016|Macro|Comments Off on OPEC cuts oil supply first time in 8 years

Spanish unemployment on the decrease

Bloomberg: Spain’s Unemployment Rate Falls to More Than Six-Year Low Article published: Oct 27, 2016 IB Economics syllabus: Macroeconomics (unemployment) While Spanish unemployment is still the 2nd highest in Europe, it has now decreased to an over 6 year low, thanks to the increase in the number of service sector jobs. The secondary sector's job creation [...]

By | 2017-08-23T10:43:31+00:00 November 16th, 2016|Macro|Comments Off on Spanish unemployment on the decrease

Tax cuts for Chinese car manufacturers

Wall Street Journal: China Car Sales Rise Sharply in September Article published: Oct 12, 2016 IB Economics syllabus: Microeconomics (government intervention: tax cut)   Thanks to tax cuts, Chinese car manufacturers can sell their products at lower prices. No wonder that there are a lot more sales since the introduction of the new tax policy. Moreover, this [...]

By | 2017-08-23T10:43:42+00:00 October 15th, 2016|Micro|Comments Off on Tax cuts for Chinese car manufacturers

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 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 drinks, they can reduce suffering and save lives,” Dr. Douglas Bettcher, [...]

By | 2017-08-23T10:43:54+00:00 October 12th, 2016|Micro|Comments Off on Sugary drinks should be taxed according to WHO

A more progressive tax system for Guernsey

BBC: Guernsey tax allowance to end for high earners Article published: Oct 4, 2016 IB Economics syllabus: Macroeconomics (inequality in the distribution of income, redistribution) The government of Guenrsey decided to make their tax system more progressive. For example, to provide "[r]educed or no allowance for those earning more than £138,000." Excellent article to talk about the [...]

By | 2017-08-23T11:16:30+00:00 October 11th, 2016|Macro|Comments Off on A more progressive tax system for Guernsey

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

Starting the IB?

Source of originial pic: funnyordie.com OK, let's make things clear at the beginning: The IB is tough, but it's by far not as bad as the fake picture shows above. On the contrary, and especially for IB Economics, you can score well pretty easily if you follow my advice below. Here are [...]

By | 2017-08-23T10:49:17+00:00 September 15th, 2016|Exam Tips and Resources, Welcome|Comments Off on Starting the IB?

Zimbabwe to ban electric water heaters to save power

BBC: Zimbabwe to ban electric water heaters to save power Article published: Oct 1, 2015 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Development Economics New regulations in Zimbabwe will make it mandatory to households to use solar panels for heating water in order to save electricity of up to [...]

By | 2017-08-23T10:46:00+00:00 October 2nd, 2015|Development Economics|Comments Off on Zimbabwe to ban electric water heaters to save power

Chinese manufacturing industry contracting for two months in a row

BBC: Chinese manufacturing continues to contract in September Article published: Oct 1, 2015 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Macroeconomics (AD/AS, economic growth) While the whole world is panicking about the decreasing economic growth of China, the fact that the manufacturing industry has shrank for the 2nd consecutive month [...]

By | 2017-08-23T10:50:13+00:00 October 2nd, 2015|Macro|Comments Off on Chinese manufacturing industry contracting for two months in a row

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

Fed decided to leave the U.S. national interest rate unchanged

Reuters: Global economy worries prompt Fed to hold rates steady Article published: Sep 17, 2015 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Macroeconomics (interest rates, monetary policy) Fed Chair Janet Yellen stated that "The outlook abroad appears to have become less certain," as a reason for not increasing interest rates [...]

By | 2017-08-23T10:51:21+00:00 September 18th, 2015|Macro|Comments Off on Fed decided to leave the U.S. national interest rate unchanged

A stronger dollar means American goods become less attractive for tourists

CNN Money: Macy's sales slump as foreign tourists stop spending Article published: May 13, 2015 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: International Economics (exchange rates, export prices) As the USD got stronger, tourists in the U.S. started spending less (especially when it comes to luxuries). Source of image: Kena [...]

By | 2017-08-23T10:51:29+00:00 May 14th, 2015|International Economics|Comments Off on A stronger dollar means American goods become less attractive for tourists

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

The NY Times: Runaway Drug Prices Article published: May 5, 2015 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Microconomics (Elasticities, necessities, govt' intervention) Many medicines have a low price elasticity of demand due to the low number of substitutes and the fact that they are necessities. As producers are also [...]

By | 2017-08-23T10:51:41+00:00 May 5th, 2015|Micro|Comments Off on Drug prices soar in the U.S. as a result of low PEDs

Where does the garbage of the first world end up?

Wired: Inside the Hellscape Where Our Computers Go to Die Article published: Apr 23, 2015 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Development Economics (poverty, inequality, market failure, pollution) “PEOPLE LOVE GADGETS — especially shiny new ones. Bigger screens. Faster processors. Slimmer profiles. But what happens to our mobile phones, [...]

By | 2017-08-23T10:51:50+00:00 May 2nd, 2015|Development Economics|Comments Off on Where does the garbage of the first world end up?

Carbon floor price hike will trigger UK coal slowdown

The Guardian: Carbon floor price hike will trigger UK coal slowdown, say analysts Article published: Apr 2, 2015 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Microeconomics (Govt' intervention, minimum price/price floor, carbon tax) "Coal-fired power plants are set to be taken offline this year as a result of the [...]

By | 2017-08-23T10:52:06+00:00 April 28th, 2015|Micro|Comments Off on Carbon floor price hike will trigger UK coal slowdown

India’s inflation rate falls due to better weather

BBC: India's inflation rate falls to three-month low Article published: Apr 13, 2015 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Macroeconomics (inflation) Due to falling inflation, the central bank of India might cut interest rates for the 3rd time this year. Source of image: BBC, AFP Do you need a [...]

By | 2017-08-23T10:52:44+00:00 April 14th, 2015|Macro|Comments Off on India’s inflation rate falls due to better weather

Deacreased no. of people applying for unemployment benefits in the U.S.

Businessweek: Jobless Claims in U.S. Over Past Month Lowest in 15 Years Article published: Apr 9, 2015 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Macroeconomics (unemployment) It seems that the American labour market is improving as "jobless claims averaged 282,250 a week, the lowest since June 2000." Source of image: [...]

By | 2017-08-23T10:52:54+00:00 April 9th, 2015|Macro|Comments Off on Deacreased no. of people applying for unemployment benefits in the U.S.

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

Starbucks offering coconut milk as demand grows

Reuters: Starbucks' U.S. shops turn to coconuts as non-dairy demand soars Article published: Feb 4, 2015 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Microeconomics As consumer tastes have changed Starbucks is now offering coconut milk next to soy milk. Also while there is a growing demand for coconut [...]

By | 2017-08-23T10:59:03+00:00 February 26th, 2015|Micro|Comments Off on Starbucks offering coconut milk as demand grows

Negative interest rates on German bonds

CNN Money: Yes, investors now pay to lend Germany money Article published: Feb 25, 2015 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Macroeconomics If you want to lend money to the German government you will have to pay for it. Source of image: David Gannon, AFP, Getty Images Do [...]

By | 2017-08-23T11:00:15+00:00 February 25th, 2015|Macro|Comments Off on Negative interest rates on German bonds

U.S. wine exports on the increase

LA Times: U.S. wine exports in 2014 second highest on record Article published: Feb 25, 2015 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: International economics Source of image: Santa Barbara Wineries, aluncboxblog.com Do you need a little boost with IB Economics? Register for private lessons here. Looking for more articles? Click [...]

By | 2017-08-23T11:00:26+00:00 February 25th, 2015|International Economics|Comments Off on U.S. wine exports on the increase

Bank of England may rise the interest rates in the future

The Guardian: Britons should not fear rise in interest rates when they come, says BoE member Article published: Feb 24, 2015 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Macroeconomics If inflation raises in the future the Bank of England will be quick to respond by increasing the interest rates. [...]

By | 2017-08-23T11:00:36+00:00 February 25th, 2015|Macro|Comments Off on Bank of England may rise the interest rates in the future

Decreasing federal aid to Maryland highways

CBS Baltimore: Federal Aid For Md. Highways Down 9 Percent From 2008-2013 Article published: Feb 21, 2015 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Microeconomics As federal aid is going down, prices are increasing. Source of image: CBS Baltimore Do you need a little boost with IB Economics? Register for [...]

By | 2017-08-23T11:00:47+00:00 February 25th, 2015|Micro|Comments Off on Decreasing federal aid to Maryland highways

Oil transportation taxed in Canada

Reuters: Canada demands oil trains carry more insurance, levy imposed Article published: Feb 21, 2015 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Microeconomics The negative externality of railway oil transportation is taxed by the Canadian Transport Minister. Perfect topic to look into the negative externality of production. Another recent [...]

By | 2017-08-23T11:00:58+00:00 February 22nd, 2015|Micro|Comments Off on Oil transportation taxed in Canada

The effects of low oil prices on Americans

The Washington Post: What do falling oil prices mean for the U.S. in the short and long term? Article published: Feb 14, 2015 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Microeconomics A bit longish article but provides a great analysis of how the U.S. economy is influenced by the [...]

By | 2017-08-23T11:01:11+00:00 February 19th, 2015|Micro|Comments Off on The effects of low oil prices on Americans

Substitution effect at work

Reuters: Asian supply lines hit by West Coast ports dispute Article published: Feb 16, 2015 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Microeconomics As the dispute of workers at U.S. West coast ports cause huge delays for Asian suppliers, many large firms start shipping by air fright. Supply, [...]

By | 2017-08-23T11:01:21+00:00 February 17th, 2015|Micro|Comments Off on Substitution effect at work

Pay rise demanded by Cameron

CNN Money: UK to business: Pay your workers more! Article published: Feb 10, 2015 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Macroeconomics Source of image: Stefan Rousseau, AFP, Getty Images Do you need a little boost with IB Economics? Register for private lessons here. Looking for more articles? Click here. [...]

By | 2017-08-23T11:01:29+00:00 February 17th, 2015|Macro|Comments Off on Pay rise demanded by Cameron

OPEC’s power decreasing

CNN Money: End of OPEC is closer to reality Article published: Feb 10, 2015 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Microeconomics and International Economics Source of image: IT Works for Business You might also want to have a look at these charts about oil output, demand and U.S. [...]

By | 2017-08-23T11:01:39+00:00 February 14th, 2015|International Economics, Micro|Comments Off on OPEC’s power decreasing

Greece and debt relief

The Globe and Mail: Greece comes away empty handed in faceoff with Germany over debt relief Article published: Feb 5, 2015 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Macroeconomics and International Economics Source of image: Fabrizio Bensch/Reuters Do you need a little boost with IB Economics? Register for private [...]

By | 2017-08-23T11:01:50+00:00 February 8th, 2015|International Economics, Macro|Comments Off on Greece and debt relief

Swiss National Bank discontinues minimum exchange rate

Business Insider: The Swiss Franc Is Rocketing Upwards Article published: Jan 15, 2015 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: International Economics Press release of the Swiss National Bank can be read here. Source of image: Business Insider Do you need a little boost with IB Economics? [...]

By | 2017-08-23T11:02:54+00:00 January 15th, 2015|International Economics|Comments Off on Swiss National Bank discontinues minimum exchange rate

Pollution causes numerous deaths in Chinese village

The Guardian: Chinese government investigates 'cancer village' pollution case Article published: Dec 10, 2014 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Microeconomics (market failure, negative externalities) The negative externalities of production (in the form of severe pollution) is causing people to die of cancer in the Chinese village of Taoyuan. Source of [...]

By | 2017-08-23T11:03:06+00:00 December 10th, 2014|Micro|Comments Off on Pollution causes numerous deaths in Chinese village

Hazardous loan wavers in India

Bloomberg: India’s Most Powerful Banker Warns of Loan Waiver Hazards Article published: Sep 11, 2014 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Section 1, Microeconomics Chairman of the State Bank of India (the largest lender of India, not to be confused with the Reserve Bank of India [...]

By | 2017-08-23T11:03:18+00:00 September 11th, 2014|Micro|Comments Off on Hazardous loan wavers in India

Nobel Laureate Krugman on Scottish independence

New York Times: Scots, What the Heck? and its follow-up: Scotland and the Euro Omen Articles published: Sep 7 and 8, 2014 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Section 3, International Economics In just one week, on Sep 18, 2014 Scotland will hold a referendum about their [...]

By | 2017-08-23T11:03:31+00:00 September 11th, 2014|International Economics|Comments Off on Nobel Laureate Krugman on Scottish independence

Is the Fed going to raise interest rates any time soon?

Time: How the Fed Will React to Today’s Surprising Jobs News Article published: Sep 5, 2014 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Section 2, Macroeconomics It turns out that there have been less jobs created in August in the US than the average of the 6 months [...]

By | 2017-08-23T11:03:41+00:00 September 8th, 2014|Macro|Comments Off on Is the Fed going to raise interest rates any time soon?

A threat of deflation in Europe

Reuters: Hollande, Draghi agree on threat of deflation: official Article published: Sep 1, 2014 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Section 2, Macroeconomics As deflation is threatening Europe, Mario Draghi, the president of the European Central Bank (ECB) calls for expansionary fiscal policy over contractionary measures, having [...]

By | 2017-08-23T11:03:55+00:00 September 1st, 2014|Macro|Comments Off on A threat of deflation in Europe

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?

Putin’s Economic Model

Businessweek: Putin's Economic Model Showing Strain as Russia Is Cut Off From Global Finance Article published: Jun 27, 2014 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: Section 3, International economics Russia is slowly "cut off from global finance." Or is it? Well, Europe is careful with sanctions as it [...]

By | 2017-08-23T11:04:25+00:00 August 31st, 2014|International Economics|Comments Off on Putin’s Economic Model
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