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21st Century Fox 1

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Aggregate Demand and Supply

Factors affecting Aggregate Demand & Supply

Curated by Bruce Fellowes

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Scooped by Bruce Fellowes

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Yen's plunge raises specter of new Asia currency crisis | Aggregate Demand and Supply | Scoop.it

From asiatimes.com - May 1, 6:00 AM

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Rescooped by Bruce Fellowes from Microeconomics: IB Economics

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UK house prices fall as mortgage costs bite, says Nationwide | Aggregate Demand and Supply | Scoop.it

From www.bbc.co.uk - May 1, 5:56 AM

Graham Watson's curator insight, May 1, 3:35 AM

Basic D&S in action: mortgage rates up, economic climate uncertain, house prices down.

House prices down, wealth and consumer confidence down and implications for macroeconomic objectives too.

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Rescooped by Bruce Fellowes from Macroeconomics: UK economy, IB Economics

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Food importers in UK say new Brexit checks could add 60% to costs | Brexit | The Guardian | Aggregate Demand and Supply | Scoop.it

From www.theguardian.com - May 1, 5:55 AM

Graham Watson's curator insight, May 1, 3:39 AM

Costs of Brexit. You could almost weep at the grim inevitability of it.

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NFU hits back at Telegraph claims that cheap imports benefit food security - FarmingUK News | Aggregate Demand and Supply | Scoop.it

From www.farminguk.com - April 18, 4:50 AM

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Crippling mortgages and £16 olive oil: how much have UK prices risen in the past two years? | UK cost of living crisis | The Guardian | Aggregate Demand and Supply | Scoop.it

From www.theguardian.com - April 15, 7:55 AM

Graham Watson's curator insight, April 14, 6:53 AM

The cost of living crisis laid bare in the Observer: food, energy, broadband, mobile phone, car insurance and mortgage costs all examined.

I'm afraid that Brexit alone can't account for some of these increases: I suspect that the Competition and Markets Authority (CMA) will be pretty busy in the months ahead. The rises in car insurance, in particular, are out of sync with the rest of Europe by a remarkable degree.

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Rescooped by Bruce Fellowes from Microeconomics: IB Economics

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Oil prices lower after Iran attack on Israel | Aggregate Demand and Supply | Scoop.it

From www.bbc.co.uk - April 15, 7:54 AM

Graham Watson's curator insight, April 15, 6:35 AM

Standard Microeconomic fayre: the implications of geopolitical unrest for oil prices. Again. D&S at its best.

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UK economy grows for the second month in a row after mild recession | Euronews | Aggregate Demand and Supply | Scoop.it

From www.euronews.com - April 12, 11:07 AM

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Trade growth likely to pick up in 2024 in spite of challenging environment | Aggregate Demand and Supply | Scoop.it

From www.wto.org - April 12, 10:53 AM

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Rescooped by Bruce Fellowes from Macroeconomics: UK economy, IB Economics

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Paying bills a struggle for 7.4 million UK consumers, regulator finds | UK cost of living crisis | The Guardian | Aggregate Demand and Supply | Scoop.it

From www.theguardian.com - April 12, 10:50 AM

Graham Watson's curator insight, April 10, 2:31 AM

The cost of living crisis rears its head again, with the news that 7.4m consumers are struggling to pay their bills, which indicates the extent to which income inequality remains an issue, and also tells you that consumer spending is going to be low.

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Rescooped by Bruce Fellowes from Macroeconomics: UK economy, IB Economics

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UK takes another step on path to exit recession as GDP rises | Economic growth (GDP) | The Guardian | Aggregate Demand and Supply | Scoop.it

From www.theguardian.com - April 12, 10:49 AM

Graham Watson's curator insight, April 12, 3:11 AM

How exciting! The economy grew by 0.1% in February, according to the ONS, meaning that the UK is moving closer to exiting recession. Not only that but January's 0.2% figure has been revised up to 0.3%. It's almost as if we're now able to count the number of angels balanced on a pin head! Hurrah!

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Rescooped by Bruce Fellowes from Microeconomics: IB Economics

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Tesco says price pressures easing as profits soar | Aggregate Demand and Supply | Scoop.it

From www.bbc.co.uk - April 12, 10:48 AM

Graham Watson's curator insight, April 10, 8:33 AM

The latest results from the grocery retail sector have seen a substantial rise in profit for Tesco, as food prices appear to be coming down faster than prices. You would expect this, but the extent to which profits have risen might also hint at collusion within the sector, a function of the oligopolistic nature of the market structure.

Tesco will argue that they face tough competition from the discounters, and that they've lowered the price of 4,000 products, but that assumes that an established supermarket and a discounter are substitutes for all customers and, to be honest, 4,000 goods doesn't represent a significant proportion of all the goods Tesco sells.

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Companies are using inflation to price-gouge Americans – and making it worse | Robert Reich | The Guardian | Aggregate Demand and Supply | Scoop.it

From www.theguardian.com - April 12, 10:46 AM

Graham Watson's curator insight, April 12, 3:17 AM

Evidence of price gouging - with firms taking advantage of an inflationary environment to boost profits. Who would have thought it?

Certainly Robert Reich thinks that stubborn inflation in the US might be related to record levels of corporate profit earned in the fourth quarter of 2023. He argues that many industries are more concentrated than ever, and firms able to exploit their market power, and act against consumers' interests.

They'll be suggesting it could be happening in the UK, next. Remind me, what were Tesco's profits last year?

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The Essence of China-EU Trade and Economic Relations is Mutual Benefit and Win-Win – Euractiv | Aggregate Demand and Supply | Scoop.it

From www.euractiv.com - April 8, 9:16 AM

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Rescooped by Bruce Fellowes from Macroeconomics: UK economy, IB Economics

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Inflation in UK shops slows amid price cuts on clothes and shoes | Retail industry | The Guardian | Aggregate Demand and Supply | Scoop.it

From www.theguardian.com - May 1, 5:57 AM

Graham Watson's curator insight, April 30, 1:42 AM

The latest data from the British Retail Consortium shows that prices on the High Street are rising less rapidly than they were last year as clothing retailers look to shift summer stock in the wake of the cold and wet start to the period.

As a result, the cost of non-food goods fell by 0.6%, even though when taken together prices rose by 0.8% the lowest level since December 2021.

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Rescooped by Bruce Fellowes from International Economics: IB Economics

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Eurozone exits recession as ‘big four’ economies beat forecasts | Eurozone | The Guardian | Aggregate Demand and Supply | Scoop.it

From www.theguardian.com - May 1, 5:56 AM

Graham Watson's curator insight, April 30, 8:28 AM

Hurrah! Europe has exited recession, with the big four economies - France, Spain, Germany and Italy - helping push Eurozone growth for the first quarter to 0.3%, exceeding expectations. It seems that the prospect of falling inflation and accommodative monetary policy mean that it will slowly recover, although growth will remain moderate.

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UK, EU face significant medicine shortages: Study | Aggregate Demand and Supply | Scoop.it

From medicalxpress.com - April 18, 4:58 AM

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ECB’s Lagarde highlights critical need for private capital to boost innovation in Europe | Euronews | Aggregate Demand and Supply | Scoop.it

From www.euronews.com - April 18, 4:48 AM

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Rescooped by Bruce Fellowes from Macroeconomics: UK economy, IB Economics

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New Brexit checks will cause food shortages in UK, importers warn | Food & drink industry | The Guardian | Aggregate Demand and Supply | Scoop.it

From www.theguardian.com - April 15, 7:55 AM

Graham Watson's curator insight, April 14, 6:55 AM

More costs of Brexit, less choice, and fewer small businesses. It's what we voted for apparently.

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Scooped by Bruce Fellowes

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US to grant Samsung up to $6.4 bn for chip plants | Aggregate Demand and Supply | Scoop.it

From www.digitaljournal.com - April 15, 7:39 AM

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Experts play down fears of further fuel bill hikes as Britain prepares to import a record amount of energy from Europe after mothballing power stations | Daily | Aggregate Demand and Supply | Scoop.it

From www.dailymail.co.uk - April 12, 11:00 AM

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Rescooped by Bruce Fellowes from International Economics: IB Economics

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US inflation jumps as fuel and housing costs rise | Aggregate Demand and Supply | Scoop.it

From www.bbc.co.uk - April 12, 10:51 AM

Graham Watson's curator insight, April 11, 2:42 AM

US inflation remains problematically high, and has actually gone up over the last month, driven by fuel and housing costs. As a result, the Fed are likely to be more reluctant to lower interest rates and this has implications for the conduct of monetary policy everywhere.

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Rescooped by Bruce Fellowes from Macroeconomics: UK economy, IB Economics

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Food security threatened by extreme flooding, farmers warn | Aggregate Demand and Supply | Scoop.it

From www.bbc.co.uk - April 12, 10:49 AM

Graham Watson's curator insight, April 12, 2:14 AM

This could be Microeconomic - D&S - but I've put it here because I'd like you to think about it in simple terms. How would you show this on a Production Possibility Curve (PPC)?

Then extrapolate: what does a reduction in food security mean for the main macroeconomic objectives: economic growth, inflation, unemployment, the Balance of Payments and inequality. Always, everywhere, economics in action.

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Rescooped by Bruce Fellowes from Microeconomics: IB Economics

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‘Our margins are threadbare’: UK’s craft beer scene says it’s on the brink | Food & drink industry | The Guardian | Aggregate Demand and Supply | Scoop.it

From www.theguardian.com - April 12, 10:48 AM

Graham Watson's curator insight, April 9, 5:42 AM

This article looks at the fate of craft brewers, arguing that the present environment is a perfect storm for them - with rising costs - notably energy, wages and borrowing - and ever more competition in the sector. As a result, profit margins are being squeezed, the number of smaller brewers is starting to decline and others think that this is symptomatic of a sector on the wane.

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Rescooped by Bruce Fellowes from Microeconomics: IB Economics

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Farmers warn ‘crisis is building’ as record rainfall drastically reduces UK food production | Farming | The Guardian | Aggregate Demand and Supply | Scoop.it

From www.theguardian.com - April 12, 10:47 AM

Graham Watson's curator insight, April 10, 8:36 AM

Farmers are already concerned about the impact of the exceptionally wet weather this year on wheat yields, with the UK likely to be dependent upon food imports and potentially beyond. It's a classic application of D&S theory with wider macroeconomic implications.

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London fintech vacancies rise 88 per cent | Aggregate Demand and Supply | Scoop.it

From www.cityam.com - April 8, 11:17 AM

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