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Uses of the Amazon Rainforest

Monday, February 1st, 2010

How are people using the rainforests?
You need to choose one of these groups who are using the Amazon rainforest in some way:
a) Amazon indians (e.g. Kayapo Indians)
b) Miners of Iron Ore (e.g. at the Carajas Iron Ore Mine)
c) New Settlers (also known as colonists or colinistas tehse are farmers who were given land by the [...]

Categories: Uncategorized

Short Run Cost Curves

Wednesday, December 2nd, 2009

Our eventual aim of this learning session is to understand (and know ‘like the backs of our hands’) the following diagram:

First we need to understand the difference between fixed and variable costs. This video by MJM Foodie handles this well:

This is a very good interactive exercise to consolidate your understanding of the different types [...]

Categories: Economics, IB Economics, Theory Of The Firm HL, Uncategorized