Gabriel @oldFIG

A Level topic tags: #scarcity #demandsupply #elasticity #marketfailure #marketstructure #aimsandindicators Timeline: #prelecture #tutorial Others: #sd #ethics Singapore Joined February 2012

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Gabriel @oldFIG

7 years ago

economist.com/finance-and-ec… 1. Using AD/AS, explain how JPN's deflation is a structural one? 2. How could declining productivity and decreasing worker numbers affect expectations of producers?

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economist.com/the-economist-… 1. What is the suggested alternative indicator that takes into account environmental impacts? 2. What is the 'steady state' economy and which determinant of LRAS becomes the most important in that state?

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Gabriel @oldFIG

7 years ago

straitstimes.com/singapore/ensu… 1. What kinds of government spending do we consider PGP, WCS? 2. How do these affect AD/AS? 3. How do PGP, WCS and Skillsfuture ensure inclusive growth?

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Gabriel @oldFIG

7 years ago

businesstimes.com.sg/government-eco… How could the lowered DRC affect growth in the SR? If firms respond as intended, how would it affect growth in the LR?

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Gabriel @oldFIG

7 years ago

channelnewsasia.com/news/singapore… 1. What is the diff btw core and headline inflation? 2. Using ADAS, a. how would a GST hike cause inflation? b. what is the underlying cause of food inflation? c. and the underlying cause for healthcare/education inflation?

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Gabriel @oldFIG

7 years ago

economist.com/graphic-detail… 1. Based on which economic measure, does China already rank first although it is commonly known as the 2nd largest economy? 2. What is the main benefit of economic growth evident in the article? #aimsandindicators

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Gabriel @oldFIG

7 years ago

facebook.com/sbsnews/videos… Why are GDP figures often not reflective of people's everyday experience? #aimsandindicators

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Gabriel @oldFIG

8 years ago

youtu.be/2rnNHt84iRE 1. There is no "free" good/service. What is the o/c of using facebook? & of not using it? 2. What relationship does the "network effect" suggests of my use of fb & yours? 3. As users of fb, we are producers of..? #scarcity #demandsupply #elasticity

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Gabriel @oldFIG

8 years ago

straitstimes.com/singapore/suga… Should the government interfere in consumers' liberty to eat whatever they wish? It's possible to build a case using #demandsupply #elasticity #marketfailure

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Gabriel @oldFIG

8 years ago

channelnewsasia.com/news/singapore… 1. What is the relationship between Uber & Grab ride-hailing services? 2. Is it possible to infer the XED & PES values of Uber services? #demandsupply #elasticity

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Gabriel @oldFIG

8 years ago

independent.co.uk/voices/the-rea… 1. We know tastes & preferences (t&p) determine demand, but what determines our t&p? 2. Why would a tax on fatty, sugary foods "hit the lowest-income families the hardest"? How does a tax affect consumers (when it shifts supply)? #Demandsupply

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Gabriel @oldFIG

8 years ago

1. How does LDMU set in during the process of dieting? 2. When MB > MC, we'll engage more in the activity. What were the methods to increase MB of dieting? 3. Why is every short term decision a test case for long term success? pbs.org/newshour/econo… #marginalist #Demandsupply

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Gabriel @oldFIG

8 years ago

youtube.com/watch?v=tW4G5I… The first diagram/theory/model that you will learn in A level Economics Production Possibilities Curve representing an economy producing 2 different goods. #scarcity #prelecture

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Gabriel @oldFIG

8 years ago

bbc.co.uk/ethics/introdu… Is it "OK" to use somebody, i.e. to treat someone as a means to an end? What do you understand by "means" and "ends"? #ethics #kant #sd