Markets In Action - F581
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Market for ivory - prices, market failure and black markets | Economics | tutor2u

Market for ivory - prices, market failure and black markets | Economics | tutor2u | Markets In Action - F581 | Scoop.it
This week on the Beyond the Bike adventure, Stuart and Claire have been investigating the impact of illegal ivory poaching near Lusaka. To support the Beyond th
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Urbanisation in Africa

Urbanisation in Africa | Markets In Action - F581 | Scoop.it

Via Geoff Riley
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Geoff Riley's curator insight, October 19, 2015 4:59 PM

Add to your context - 10 largest cities in Africa

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How Apple made itself crunch-proof

How Apple made itself crunch-proof | Markets In Action - F581 | Scoop.it
Smart, beautiful and as relatively pricey as a certain lager, Apple products make the company huge profits. It was just a case of cracking the desirability code

Via Geoff Riley
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Geoff Riley's curator insight, November 1, 2015 11:05 AM

Can any business make itself invulnerable to the swings and arrows of economic fortunes? Apple probably comes closest (I declare an interest, I'll buy almost anything if it is shiny and made by Apple!) and this article helps to explain why - the operating profit margins on the bulk of Apple's product range are at the top end of each industry segment from smartphones to PCs to watches. This deliberate price anchoring at the top allied to successfully persuading us that we cannot do without their latest gadget has helped revenues to soar and Apple's cash mountain to climb to unprecedented levels.

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Cuba -- A Failed Experiment - Huffington Post

Cuba -- A Failed Experiment - Huffington Post | Markets In Action - F581 | Scoop.it
If you ever wondered what a country would look like after 50 years of total government economic controls, you need only to make a trip to Cuba, which I did last week.
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Negative Externalities and Obesity- Evaluation: Fat pledge 'a drop in the ocean'

Negative Externalities and Obesity- Evaluation: Fat pledge 'a drop in the ocean' | Markets In Action - F581 | Scoop.it

Via Matt Smith
markkennedy8's insight:

How effective would the Government measures be?

How elastic are these products?  Does that make a difference ?

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Matt Smith's curator insight, October 26, 2013 7:16 AM

Think about  the impact of changes and whether they will have any real effect.

Lisa's curator insight, February 27, 2015 9:31 AM

Revise this for Merit/Demerit

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(Macro) Episode 24: AD & AS

Just as demand & supply yield the price and quantity of a particular product, Aggregate Demand (AD) & Aggregate Supply (AS) determine the macroeconomic equil... (video ag. sup and ag.
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The Progressive Economics Forum » Good Time to Rethink Corporate Tax Cuts

The Progressive Economics Forum » Good Time to Rethink Corporate Tax Cuts | Markets In Action - F581 | Scoop.it
PEF home page and weblog (Corp tax cuts cost Ottawa $13b/yr, yet have had almost zero payoff in new investment.
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http://www.infographicsarchive.com/business-economics/infographic-whats-traffic-jam-worth/

RT @Infographics4u: #Infographic: What's A Traffic Jam Worth? http://t.co/VNoc9eVlUC
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Why energy prices have risen so much

Why energy prices have risen so much | Markets In Action - F581 | Scoop.it
In the midst of current debates about energy costs it is important to retain a sense of perspective both about what has happened and future prospects.
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New Study: 'The Positive Externalities of Carbon Dioxide ...

'The results indicate that the annual total monetary value of this benefit grew from about $20 billion in 1961 to over $160 billion by 2011, amounting to a total sum of $3.5 trillion over the 50-year period 1961-2011.
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Tackling negative externalities: Fat-Fighting Strategy To Slim Down Nation

Tackling negative externalities: Fat-Fighting Strategy To Slim Down Nation | Markets In Action - F581 | Scoop.it

Leading supermarkets and food firms sign up to a Department of Health initiative to cut harmful saturated fats from British diets.


Via Phil Hensman
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Poverty and Market Failure: Cold homes 'costing NHS £1.36bn'

Poverty and Market Failure: Cold homes 'costing NHS £1.36bn' | Markets In Action - F581 | Scoop.it

Illnesses related to living in a cold home cost the NHS £1.36bn every year, a report by Age UK suggests.


Via Matt Smith
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Cameron Beck's curator insight, December 1, 6:27 AM

Poorly insulated homes are causing a major problem in the living conditions of millions of people. Poverty plays a large role and people are buying cheap housing that is inexpensive but also lacking warmth costing the NHS billions of pounds dealing with ill patients, and this is causing market failure. 

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Negative Externalities: The cost of congestion

RT @PhilsEconomics: #ECON1: Negative Externalities:@COLFESeconomics: The cost of congestion £500 per household per year!


Via Matt Smith
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Helenhadjam's curator insight, January 25, 2013 4:50 PM

Putting a value on external costs

Faris's curator insight, December 13, 2015 10:00 AM

The image shows how consumers of motor vehicles create social costs (pollution etc) all together in exchange for a private benefit (quicker, easier etc).

WACKY ECONOMIST's curator insight, October 6, 2:55 PM
This article shows us about something we all experience at some point in our lives - congestion. Obviously this will give massive negative consequences, especially because congestion can be seen as an indicator of market failure.
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Wind and solar farms must pay their true costs, energy secretary vows

Wind and solar farms must pay their true costs, energy secretary vows | Markets In Action - F581 | Scoop.it
Amber Rudd says wind and solar must bear the burden of dealing with their intermittency and says UK could double its offshore wind capacity if costs come down
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Externalities in Farming: Smart Cards Boost Sustainable Agricultural Development

A project funded by the World Bank helps reduce the amount of pesticides and fertilizers used.


Via Geoff Riley
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Geoff Riley's curator insight, November 10, 2015 5:26 AM

The overuse of fertilisers creates significant externalities - this project based aid programme from the World Bank attempts to address the problem in a western province of China. 

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Cuba -- A Failed Experiment - Huffington Post

Cuba -- A Failed Experiment - Huffington Post | Markets In Action - F581 | Scoop.it
If you ever wondered what a country would look like after 50 years of total government economic controls, you need only to make a trip to Cuba, which I did last week.
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Tackling negative externalities in consumption: Sugary Drinks Tax 'Could Raise Treasury £275m'

Tackling negative externalities in consumption: Sugary Drinks Tax 'Could Raise Treasury £275m' | Markets In Action - F581 | Scoop.it

A 20% tax could reduce demand and fight obesity and tooth decay, but some researchers claim taxing food is politically unworkable.


Via Phil Hensman
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Is the Government seeking to raise tax reveneues under the guise of a healthcare initiative ?

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Europe's economic rules - The Economist

Europe's economic rules - The Economist | Markets In Action - F581 | Scoop.it
New York Times Europe's economic rules The Economist It sounds the alert if, for example, a country runs a deficit above 4% of GDP on average for three years; or if it runs a surplus exceeding 6% of GDP—as with Germany, whose surplus averaged 6.5%...
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Idea for Nobel Winners-Economics

Idea for Nobel Winners-Economics | Markets In Action - F581 | Scoop.it
Idea for Nobel Winners-Economics, by Idea for Nobel Economics: updated automatically with a curated selection of articles, blog posts, videos and photos. (Idea for Nobel Winners-Economics is out!
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External costs - YouTube


Via Matt Smith
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Mr Jones's curator insight, November 20, 2013 10:13 AM

Great application of the external cost concept to a real world situation.  Take note all you young, budding car drivers.

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New paper at SPPI: The Positive Externalities of Carbon Dioxide ...

New paper at SPPI: The Positive Externalities of Carbon Dioxide ... | Markets In Action - F581 | Scoop.it
Source: SPPI by Dr. Craig Idso Advancements in technology and scientific expertise that accompanied the Industrial Revolution initiated a great.
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Aguanomics: Elasticity in action

Aguanomics: Elasticity in action | Markets In Action - F581 | Scoop.it

Via Sylvain Rotillon
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Sylvain Rotillon's curator insight, February 16, 2013 1:25 PM

The debate around the rate increase as a trigger for reducing consumption find here an illustration, without a strong increase, the effect remains quite limited. The question in case of high rate increase shifts then from environmental to social point of view.

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(EEG) – Market solutions for market failures - German Energy ...

(EEG) – Market solutions for market failures - German Energy ... | Markets In Action - F581 | Scoop.it
Germany remains wedded to free markets despite the numerous obvious market failures in the energy sector. The solutions proposed will have to be market-based (however defined) if they are to be taken seriously.
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