A potentially important moment for the contestability of the tablet market. Technology giant Microsoft has unveiled its touchpad tablet computer. The “Surface” will face tough competition from Apple’s iPad and many other devices including those made by Samsung. These video resources provide some background. The Surface tablet computer will not be available until the Autumn on 2012.
Click here to see how the BBC news reacted to this story.
Financial Times News
Questions:
How might this effect the way Apple competes in the market place?
What are the possible advantages and disadvantages to the consumer of having a new entrant into the tablet market?
Tuesday, 28 August 2012
Thursday, 28 June 2012
Unit 1: Market Failure & Drink Driving
On a class trip to an advertising and media company today, a group in UK were shown an ad campaign that bore a strong resemblance to the Smoking Kids campaign that I posted a few days ago.
In this case it was the idea that if people were reminded about the consequences of driving drunk then they would be less like to do so. In particular, people were not prepared to let someone else drive their car if they were drunk so were (hopefully) less likely to do so themselves.
A bit of further investigation showed that the two adverts were made by the same agency - Ogilvy and Mather, but looks like there was a bit of sharing of ideas across continents. The “Smoking Kids” advert was from Thailand, this one came from Brazil.
In this case it was the idea that if people were reminded about the consequences of driving drunk then they would be less like to do so. In particular, people were not prepared to let someone else drive their car if they were drunk so were (hopefully) less likely to do so themselves.
A bit of further investigation showed that the two adverts were made by the same agency - Ogilvy and Mather, but looks like there was a bit of sharing of ideas across continents. The “Smoking Kids” advert was from Thailand, this one came from Brazil.
Sunday, 24 June 2012
Unit 1: Market Failure & Cigarettes
This advert is an excellent study in 'Behavioural Economics'. Adults know cigarettes are bad for them, so why do they still smoke.....
Question: Is this a better way than taxing cigarettes? (If it is, why?)
Question: Is this a better way than taxing cigarettes? (If it is, why?)
Wednesday, 20 June 2012
IGCSE - Y10: Biz/ed - Market Power, Competition and Regulation: Anti-Competitive Behaviour - Activity | Biz/ed
Biz/ed - Market Power, Competition and Regulation: Anti-Competitive Behaviour - Activity | Biz/ed
The project will ensure you have a good knowledge of how competition policy works in the UK.
To be handed in before the summer holiday....
Tuesday, 19 June 2012
More on exam
Also trade deficits....they have fallen in UK recently..why?
1. recession means we are buying less imports
2. china is now buyiong more high value added stuff..which we are good at
therefire is it such a big issue...no
Remember, big macro issue is govt debt, unemployment & EU...it is not inflation (even though we have inflation above 2%, this is seen as temperary...cost push, oil / gas / food will fall....so questions on the economy should focus on increasing AD and LRAS......
1. recession means we are buying less imports
2. china is now buyiong more high value added stuff..which we are good at
therefire is it such a big issue...no
Remember, big macro issue is govt debt, unemployment & EU...it is not inflation (even though we have inflation above 2%, this is seen as temperary...cost push, oil / gas / food will fall....so questions on the economy should focus on increasing AD and LRAS......
Unit 4: Exam prep
Dear all...
Case Studies - what about a question on EU, lots of macro economic stats, showing divergence. Problems of Eurozone, FDI, eastern europe attracting more recently.
Essays - protectionism...it's back, what are the advantages and disadvantages and are they effective...whatever you say, evaluate by saying its a short term thing, long term countries still want free trade.
Case study/essay: - development, why Brics, whats long term issue for brics (rising wages etc means they haver to move away from low wage economy and move to innovation and high tech stuff.....this is where africa benefits from more fdi.
Supply side/demand management...what/how can governemnet make UK more competitive.....
Case Studies - what about a question on EU, lots of macro economic stats, showing divergence. Problems of Eurozone, FDI, eastern europe attracting more recently.
Essays - protectionism...it's back, what are the advantages and disadvantages and are they effective...whatever you say, evaluate by saying its a short term thing, long term countries still want free trade.
Case study/essay: - development, why Brics, whats long term issue for brics (rising wages etc means they haver to move away from low wage economy and move to innovation and high tech stuff.....this is where africa benefits from more fdi.
Supply side/demand management...what/how can governemnet make UK more competitive.....
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