Archive for November, 2009

Market Failure

Friday, November 27th, 2009

These YouTube clips help us to understand some of the ideas to do with Market Failure. Some of the ideas in the first clip are not needed for IGCSE understanding (adverse selection and moral panic). 1) General understanding of Market Failure 2) Negative Externalities Explained Note this uses Marginal Costs and Marginal Benefits curves. Marginal [...]

Price Elasticity of Supply

Monday, November 9th, 2009

From flickr.com. Uploaded on April 2, 2007 by SideLong Before starting to understand Price Elasticity of Supply, it is worth recapping Price Elasticity of Demand. Click on the following link: www.business2000.ie provides an interactive quiz on PED This site introduces the main concepts of Price Elasticity of Supply: Slideshow from http://www.econ.ucsb.edu This site gives a [...]

Darfur, Sudan – Crisis

Wednesday, November 4th, 2009

  Uploaded on November 25, 2005 by mknobil Some rights reserved Create a case-study document about the crisis in Darfur using the following resources: 1) The Guardian – Photo/Audio summary of  the crisis. 2) Map-based interactive GIS to show the geographic situation. 3) An organisation called ARC show some possible solutions. 4) Geographyalltheway on the Sudan [...]