Latest Entries
Econ Classes

Elasticity of demand: an explanation of demand,supply curve math.

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

Uncategorized

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

Asia / BRIC Economies / Economic Issues

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

Australia

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

Economic Issues

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