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EU bee shortage threatens crops

EU bee shortage threatens crops | Econ1 @ Priestley | Scoop.it

Via Phil Hensman
Dan Martin's insight:

Looks like a lot economics in here!

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Phil Hensman's curator insight, January 9, 2014 2:27 AM

Positive Externalities In Production

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Econ1 @ Priestley
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The 'disaster' hitting olives and their oil

The 'disaster' hitting olives and their oil | Econ1 @ Priestley | Scoop.it
A disastrous harvest in Italy could lead to a rise in the price of olive oil.
Dan Martin's insight:

Another example of Supply and demand applied to a market

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UK firms 'hiring £1,000 bricklayers'

UK firms 'hiring £1,000 bricklayers' | Econ1 @ Priestley | Scoop.it
Building companies in London have hired Portuguese bricklayers on £1,000-a-week wages because of a shortage of skilled Britons, a recruitment firm has said.
Dan Martin's insight:

How could this be explained with supply and demand analysis?

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Bruce Fellowes's curator insight, January 20, 4:07 AM

I think I'd better re-train!

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UK's first 'poo bus' starts running

UK's first 'poo bus' starts running | Econ1 @ Priestley | Scoop.it

Via Geoff Riley
Dan Martin's insight:

Keep this in mind when we look at side effects (externalities of economics decisions)

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McDonalds and Coca-Cola suffer as Americans lose taste for junk food - Telegraph

McDonalds and Coca-Cola suffer as Americans lose taste for junk food - Telegraph | Econ1 @ Priestley | Scoop.it
Profits tumble 30pc at McDonalds and Coca-Cola warns it will miss forecasts as younger customers seek out healthy alternatives
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Sugary drinks warning posters 'work'

Sugary drinks warning posters 'work' | Econ1 @ Priestley | Scoop.it
Signs warning shoppers how much exercise they need to do to burn off the sugar in fizzy drinks could be a useful tool in the fight against obesity, research suggests.
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Scottish shops start charging for bags

Scottish shops start charging for bags | Econ1 @ Priestley | Scoop.it
Charge of at least 5p a carrier bag introduced in bid to emulate 70% fall in usage in Wales and Northern Ireland

Via Graham Watson
Dan Martin's insight:

Could this charge reduce the probelms caused by discarded carrier bags?

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Graham Watson's curator insight, October 19, 2014 4:49 PM

Ironic photo, given the horribly convoluted policy of M&S over bags. Food? Bags cost. Non-food? Bags are free.

 

However, I was aware that the introduction of the scheme had such a dramatic effect in Wales and Northern Ireland, which makes this quote difficult to reconcile:

 

"Describing the effect of the charge in Wales, where it was introduced in 2011, director of Friends of the Earth Cymru, Gareth Clubb, said that it had had a phenomenal effect in reducing the number of plastic bags distributed by retailers but it had not succeeded in encouraging more sustainable behaviour among consumers."

 

PS: Where do Welsh men hang out? At a 'Gareth Club' perhaps?

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Heavy smog engulfs parts of China

Heavy smog engulfs parts of China | Econ1 @ Priestley | Scoop.it
Parts of northern China are suffering the worst bout of smog since July, pushing pollution well past healthy levels and reducing visibility.
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Bruce Fellowes's curator insight, October 15, 2014 5:18 PM

negative externalities

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Oil prices slide on IEA report

Oil prices slide on IEA report | Econ1 @ Priestley | Scoop.it
Global oil prices fall further after the International Energy Agency reports higher output and cuts its forecast for growth in demand.

Via Graham Watson
Dan Martin's insight:

Supply and demand in action. Shift or expansion??

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Graham Watson's curator insight, October 15, 2014 4:38 AM

Demand and supply at its most basic - note the fact that "In its monthly oil market report, the IEA said Opec production hit a 13-month high in September".

 

And that can only mean one thing for prices...

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Tweet from @Brilliant_Ads

Tweet from @Brilliant_Ads | Econ1 @ Priestley | Scoop.it
RT @tutor2u_econ: Overcoming deep information failures 'Switch it off when you drive' http://t.co/dmm6rdf1mi #econ1
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Inequality: how wealth is distributed in the UK - animated video

Inequality: how wealth is distributed in the UK - animated video | Econ1 @ Priestley | Scoop.it
For more than 30 years the gap between the richest and the rest has widened - and the trend shows no sign of slowing (RT @Reeds_Econbus: Inequality: how wealth is distributed in the UK http://t.co/JsjWJsT7sq...
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Car ban starts in polluted Paris

Car ban starts in polluted Paris | Econ1 @ Priestley | Scoop.it
Hundreds of police are monitoring traffic in Paris on Monday as pollution levels prompt the government to impose major restrictions.
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Economics - AS Micro

Economics - AS Micro | Econ1 @ Priestley | Scoop.it
{channel_title} index (Are you taking AS (Unit 1) Microeconomics this year? This is our dedicated blog channel for quizzes, other resources!
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A quarter of a mile long and heading for the UK - the world's largest ship - Telegraph

A quarter of a mile long and heading for the UK - the world's largest ship - Telegraph | Econ1 @ Priestley | Scoop.it
CSCL Globe, the new holder of the title of the world's biggest container ship, is steaming towards Britain

Via Graham Watson
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Oil price falls 'set to continue'

Oil price falls 'set to continue' | Econ1 @ Priestley | Scoop.it
Oil prices are likely to continue falling well into 2015, the International Energy Agency forecasts.

Via Graham Watson
Dan Martin's insight:

Lots of economics in here. Why is the price of oil falling? What would happen if OPEC did decide to change their level of output as the article suggests?

We decided in class that demand for oil was going to be relatively price inelastic. How would this affect analysis in a diagram?

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Graham Watson's curator insight, November 14, 2014 7:35 AM

Another basic application of D&S: one factor implying falling demand another implying increasing supply. And in the version I've 'scooped' one error - it talks of the Saudis "not yet willing to open the taps".

 

Nonsense. If they want to raise prices they'll close them - as any fule kno...

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We are running out of chocolate, warns world's largest manufacturer

We are running out of chocolate, warns world's largest manufacturer | Econ1 @ Priestley | Scoop.it
The world is running out of chocolate and even bumper cocoa crops cannot keep up with soaring demand from Asia, the biggest international confectionery manufacturer has warned.

Via Matt Smith
Dan Martin's insight:

Use demand and supply analysis here to explain what is happening. There seems to be extra big cocoa crops but even bigger increases in demand, what will happen to price???

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Diwali sees Asia retail sales spike

Diwali sees Asia retail sales spike | Econ1 @ Priestley | Scoop.it
The Hindu festival of Diwali has a big impact on the economies of India and other Asian countries. Sharanjit Leyl reports from Singapore.
Dan Martin's insight:

How might this be shown in a Supply and Demand diagram

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'Beijing is like a bonfire' as runners forced to complete marathon in gas masks - Telegraph

'Beijing is like a bonfire' as runners forced to complete marathon in gas masks - Telegraph | Econ1 @ Priestley | Scoop.it
An estimated 30,000 runners take part in Beijing’s ‘airpocalypse’ annual marathon despite “hazardous” levels of smog
Dan Martin's insight:

Huge externalities here

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Information Failure: Energy drinks could cause public health problems, says WHO study

Information Failure: Energy drinks could cause public health problems, says WHO study | Econ1 @ Priestley | Scoop.it
Researchers argue for cap on caffeine levels, citing health risks, particularly when the drinks are consumed with alcohol

Via Matt Smith
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CNS business and economics's curator insight, December 8, 2014 5:22 PM

IP6 

Why is this MF

How could this MF be solved?

 

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Ideal weather brings bumper English apple harvest

Ideal weather brings bumper English apple harvest | Econ1 @ Priestley | Scoop.it
Sunshine and rain has resulted in one of the best crops in living memory – but growers still face losses due to glut of apples and supermarket price wars

Via WGS Economics
Dan Martin's insight:

Another Supply + Demand article! Can you illustrate this with a diagram.

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WGS Economics's curator insight, October 14, 2014 5:02 PM

#ECON1 Draw a demand and supply diagram for apples!  Lots of factors in this article to consider.

jon inge's curator insight, October 15, 2014 5:27 PM

great ia practice 

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Energy drinks could cause public health problems, says WHO study

Energy drinks could cause public health problems, says WHO study | Econ1 @ Priestley | Scoop.it
Researchers argue for cap on caffeine levels, citing health risks, particularly when the drinks are consumed with alcohol
Dan Martin's insight:

One to keep in the bank for when externalities come to class!

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Factors that shift the demand curve: Advertising: Nike sees sales and profit jump after World Cup

Factors that shift the demand curve: Advertising: Nike sees sales and profit jump after World Cup | Econ1 @ Priestley | Scoop.it

The US sportswear firm Nike sees a 23% jump in quarterly profit thanks in part to football fever from this year's World Cup.


Via Phil Hensman
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Panasonic offers China pollution pay

Panasonic offers China pollution pay | Econ1 @ Priestley | Scoop.it
Japanese electronics firm Panasonic announces it will pay its staff working in China a premium to compensate them for high levels of pollution. (“@Keysonomics: AS Econ. Costs of pollution and negative externalities?
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Amy Robinson's curator insight, March 19, 2014 8:22 AM


"As well as the pollution premium, Panasonic said it would increase base pay for all of its workers by 2,000 yen ($19.5; £11.7)."

Econ3- market failure,

Geog3 weather-pollution AND D&G unsustainable economic growth

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Paying people to quit smoking works: study

Paying people to quit smoking works: study | Econ1 @ Priestley | Scoop.it
Offering people small financial incentives to adopt healthy behaviours can boost motivation, according to a study.

Via Mo Tanweer
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Sugar tax may be needed, MPs told

Sugar tax may be needed, MPs told | Econ1 @ Priestley | Scoop.it

Via Phil Hensman
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Phil Hensman's curator insight, March 5, 2014 3:30 AM

Analyse and evaluate....