Archive for October, 2009

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Equilibrium Price – How do The Laws of Supply and Demand Interact?

Monday, October 26th, 2009

 
Good recap video:

Good overview video:

Activity: Recapping Factors Affecting Demand and Supply
Econedlink Site
Activity: Exploring changes in Supply and Demand
Ecedweb Site
Activity: How changes in Supply and/or Demand affect Market Equilibrium
College Cram Site
More sophisticated diagram analysis of teh same issue
Whitenova Site
Activity:
Activity: Changes in Supply and Demand Effect Equilibrium Price and Price Ceilings and Price Floors. [...]

Categories: Allocation of Resources, Economics, IGCSE Economics

Transition Economies

Wednesday, October 7th, 2009

[Source: flickr.com Image by sludgegulper Some rights reserved]
According to the International Monetary Fund (2000) the following economies can be categorised as making the transition from command to free market economies in recent history.
Transition economies in Europe and the former Soviet Union
CEE Albania, Bulgaria, Croatia, Czech Republic, FYR Macedonia, [...]

Categories: Economics, IB Eco Introduction, IB Economics