When buyers and sellers in a market make their decisions in the market, they often weigh up to factors. At the most basic level it is a decision between price and quantity. For instance, sellers will ask: – If I raise/lower the price of a product, how much less/more will I sell? For buyers, they’ll … Continue reading
The 30 mins that taught me not to invest in David Jones: A practical approach to gathering investor information.
Like many of my younger readers, I am a first time investor. Amongst the “hot” stock tips, financial statements and many business pages, I decided to take a hands-on approach when investigating my first prospective investment. My visit to David Jones’ flagship Melbourne store was linked to the company’s recent annual release and their strategic … Continue reading
The myths and facts of foreign investment and why we should welcome Chinese investment in Australia.
Why we should be embracing Chinese investment Whether its mining interests in Africa, cotton farms in Australia or tech firms in the US, the phenomenon of the Chinese funded buyout is well known. Locally, voices from all rungs of society have expressed both positive and negative views. This post will explain in part what’s happening … Continue reading
What I know about the Chinese economic slowdown
In the past, the idea of writing about China has been a rather non-topic subject here at the Fresh Economist. Mindful the nation is unarguably the most publicised of the BRIC economies, it was my belief that you the reader deserved something different. With Europe considering its ESM to save its common currency and Bernanke … Continue reading
The Greatest Policy Challenge facing Australia: A land of plenty and not a leader in sight.
It’s always good to remember that economics never exists exclusively. In our world, economic challenges are commonly seeded from political and policy interests. For us, the most pressing economic issue currently facing Australia is the lack of policy direction and meaningful policy being created at the Commonwealth and State level. From Canberra with self-interest At the … Continue reading
Victoria: A State in Economic flux
Before we begin on the business end of this article, I wanted to take this time to thank my readership during my period of absence. While the Fresh Economist remains one of my many priorities, I have recently moved out of my parents home. As such, I have not been able to give this site … Continue reading
Two Speed Economies: What you should know.
With the ushering in of the Global Financial Crisis and the accompanying “Great Recession”, the concept of the two-speed economy has become increasingly pronounced to the global community. While my Australian counterparts have most likely become familiar with this phenomenon, this concept is neither new nor foreign to the global community. Background By definition, two … Continue reading
Inflation: what’s the big story?
Whenever I read about inflation, my first instinct is to think of it as everything getting more expensive. From a modest understanding of the issue, this is exactly the case. It is the complexities of this particular issue that get me more. Major political movements, ranging from the Third Reich to present-day Australia have risen … Continue reading
When Supply and Demand meet: The interactions of a basic economic model
Having an idea of demand and supply individually only gives us a small portion of the larger economic picture. Much like knowing two people as individuals, only when you get them together and see how they interact, we see a greater story. So far the story involves Demand and Supply respectively. We’re confident of both … Continue reading
Supply Side Conditions
To my readers, it’s been quite a while since you last read about the supply curve. Without further ado, Changes of the supply curve. Supply schedule Supply schedules are representations of the relationship between the quantity of goods supplied and the price that producers are willing to do so. When this relationship is graphed, we … Continue reading