Nice summary from economicshelp
http://www.economicshelp.org/blog/12436/concepts/sectors-economy/
Saturday, December 27, 2014
Market structures in transport: Singapore
Thanks to tutor2u for this great video
http://www.tutor2u.net/blog/index.php/economics/comments/market-structures-in-transport
http://www.tutor2u.net/blog/index.php/economics/comments/market-structures-in-transport
Using monetary policy to influence exchange rates: Russia
Great example from Russia, but will it work in the long run if other factors are leading to a decrease in the demand for roubles?
http://news.sky.com/story/1392617/russia-ramps-up-rate-to-17-percent-to-boost-rouble
This could be the doomsday scenario for Russia
http://news.sky.com/story/1392871/rouble-woes-six-stages-of-a-currency-crisis
http://news.sky.com/story/1392617/russia-ramps-up-rate-to-17-percent-to-boost-rouble
This could be the doomsday scenario for Russia
http://news.sky.com/story/1392871/rouble-woes-six-stages-of-a-currency-crisis
Saturday, December 13, 2014
Legislation: scotland lowers the drink drive limit
.....and, if you believe this BBC clip, it will be strongly enforced. Will it reduce the market failure?
http://www.bbc.co.uk/news/uk-30341649
http://www.bbc.co.uk/news/uk-30341649
Labels:
Actions to correct market failure,
Regulation,
Video
How good is legislation at reducing market failure?
Not much use at all unless it is enforced which is not the case in the logging industry in Peru
http://bcove.me/zk2mrs8g
http://bcove.me/zk2mrs8g
Labels:
Actions to correct market failure,
Regulation,
Video
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