SGS Micro Blog: January 2011

Thursday, 27 January 2011

Welcome to Economics

Sunday, 16 January 2011

Cadbury and and their shift East

Firms decide to locate in areas/countries where they achieve the minimum average cost. The decision by Cadburies to close their Keynsham factory, has most to do with the relative cost of Labour of the UK and Poland. Follow the links for this story on the BBC.

http://www.bbc.co.uk/news/uk-england-bristol-12126550

What is the effect, if any, will this measure have on the S and D curves for labour of this move of production from the UK to Poland?

Revision Targets - Chapters on Concentratd Markets

Review chapters, look for key areas of analysis, especially appropriate comparisons.
Identify the issues for evaluation. Look at the WAGOLLs.

Saturday, 15 January 2011

12.2. The Supply of Labor

http://www.web-books.com/eLibrary/NC/B0/B63/061MB63.html

Sam Walker

Saturday, 8 January 2011

Y13 Revision targets weekend of 8th and 9th January

Review chapters 1 and 2.and watch the videos on this blog. They are referenced on the right of this blog.
Focus on the points that need to be analyised and evaluated.
Work out your own contracsting examples, and explain how they apply to the issues in these chapters. Draw and Re-draw the diagrams, focus on drawing the crossin and turning points in appropriate places.