Archive for the ‘2.1 Supply & Demand’ Category
Oil and its volatile price
Posted by: 11cresma on: October 18, 2009
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Sugar in India
Posted by: 11cresma on: October 14, 2009
Maharashtra in India is the most dominant sugar-producing state, but the heavy monsoon in October 5th this year damaged an important part of the cultures. This leads to a decrease in the supply of sugar -less land can be farmed, by consequent the quantity farmed decreased. As we can see on the graph on [...]
Broad Social Goals
Posted by: 11cresma on: September 15, 2009
We searched on two articles what were the broad social goals that economies should aim for. These goals are: economic efficiency economic equity economic freedom economic growth economic security economic stability We realized that no economy can have all of them at the same time, because too much of one can limit another; for example [...]
