Thanks to econfix
http://blog.elearneconomics.com/the-avocado-market-prices-up-by-143/
Wednesday, February 28, 2018
NZ boom
Thanks to econfix for this
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11999023
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11999023
Labels:
Business cycle,
Economic cycle,
Economic growth,
GDP
Sunday, February 25, 2018
Automation
I love these
Packing a foam mattrass
https://twitter.com/twitter/statuses/965691925712875521
and
Unripe tomatos
https://twitter.com/twitter/statuses/938538155057209344
and
Doughnuts
https://twitter.com/twitter/statuses/966068408541261829
Packing a foam mattrass
https://twitter.com/twitter/statuses/965691925712875521
and
Unripe tomatos
https://twitter.com/twitter/statuses/938538155057209344
and
Doughnuts
https://twitter.com/twitter/statuses/966068408541261829
Saturday, February 24, 2018
PPP and the Big Mac index
Nice video trying to explain relative purchasing power of money
https://www.youtube.com/watch?time_continue=63&v=CmaoWTNXi6U
and worksheet
http://blog.elearneconomics.com/big-mac-index-january-2018-worksheet/
https://www.youtube.com/watch?time_continue=63&v=CmaoWTNXi6U
and worksheet
http://blog.elearneconomics.com/big-mac-index-january-2018-worksheet/
Wednesday, February 21, 2018
Friday, February 16, 2018
Sustainable economic growth: Addis Ababa
Great clip from the BBC. Lots of positive and negative externalities as well
http://www.bbc.co.uk/news/av/business-43086997/energy-from-rubbish-to-power-addis-ababa
and a similar plant in Hull
http://www.bbc.co.uk/news/av/business-43086997/energy-from-rubbish-to-power-addis-ababa
and power from nappies!
http://www.bbc.co.uk/news/av/business-43086997/energy-from-rubbish-to-power-addis-ababa
and power from poo in Accra
http://www.bbc.co.uk/news/av/world-africa-34802143/cop21-ghana-s-green-energy-gamble-on-poo-power
http://www.bbc.co.uk/news/av/business-43086997/energy-from-rubbish-to-power-addis-ababa
and a similar plant in Hull
http://www.bbc.co.uk/news/av/business-43086997/energy-from-rubbish-to-power-addis-ababa
and power from nappies!
http://www.bbc.co.uk/news/av/business-43086997/energy-from-rubbish-to-power-addis-ababa
and power from poo in Accra
http://www.bbc.co.uk/news/av/world-africa-34802143/cop21-ghana-s-green-energy-gamble-on-poo-power
Labels:
Economic growth,
Externalities,
sustainability,
Video
Is this a case of information failure?
If so, what if any actions should the government take?
https://news.sky.com/story/household-items-like-perfume-as-bad-as-cars-for-pollution-scientists-say-11252527
and
http://www.bbc.co.uk/news/science-environment-43084642
https://news.sky.com/story/household-items-like-perfume-as-bad-as-cars-for-pollution-scientists-say-11252527
and
http://www.bbc.co.uk/news/science-environment-43084642
Thursday, February 15, 2018
Wednesday, February 14, 2018
Negative externalities from flower production
The downside of Kenya's flower industry
https://twitter.com/twitter/statuses/963860562470940675
and
https://www.youtube.com/watch?time_continue=34&v=0cwvk449PxA
https://twitter.com/twitter/statuses/963860562470940675
and
https://www.youtube.com/watch?time_continue=34&v=0cwvk449PxA
Is Kenya losing its comparative advantage in flower production?
It looks like it, but it may not be due to market forces
http://www.dw.com/en/kenyas-economy-relies-heavily-on-its-cut-flower-industry/av-42577341
http://www.dw.com/en/kenyas-economy-relies-heavily-on-its-cut-flower-industry/av-42577341
Tuesday, February 13, 2018
Sunday, February 11, 2018
Friday, February 09, 2018
Wednesday, February 07, 2018
Tuesday, February 06, 2018
Sunday, February 04, 2018
Investment comparisons between countries
Germany's rising trade surplus
Great graph and explanation in this
http://blog.elearneconomics.com/imf-calls-for-germany-to-change-its-trade-policy/
http://blog.elearneconomics.com/imf-calls-for-germany-to-change-its-trade-policy/
Saturday, February 03, 2018
Friday, February 02, 2018
Singapore bans vaping: Correcting market failure or creating government failure?
Nice clip from the BBC. Surely a case of government acting on incomplete information
http://www.bbc.co.uk/news/av/world-asia-42900963/singapore-vaping-ban-my-last-legal-puff
http://www.bbc.co.uk/news/av/world-asia-42900963/singapore-vaping-ban-my-last-legal-puff
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