Archive for Economics Example - page 2

Rouble in Trouble

Rouble in Trouble

Do you know that the Russian rouble has tumbled over 50% of its value against the US dollar for this year? So what is the big deal of a huge depreciation of the rouble? And what has sparkled this Russian Rouble Crisis? Now for illustration…

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Why do Cybercafes in China Lose Money?

Why do Cybercafes in China Lose Money?

Do you know why despite a huge 1.3 billion population, cybercafes in China struggle to stay afloat? Is China Cybercafe losing money fast? And do you know there are some Economics Principles behind this phenomenon? For those that do not know what is a cybercafe,…

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Negative Externality in Singapore and The Economics Behind Sim Lim Scams

Negative Externality in Singapore and The Economics Behind Sim Lim Scams

Do you know that Economics can also be used to explain the rampant scans in Sim Lim Square? In particular, this is a classical example of negative externality in Singapore. Despite being “famous” for the wrong reasons, these unscrupulous shops like ‪#‎mobileair still seem to be growing…

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Winter is coming..

Winter is coming..

Do you know that the property market has chilled considerably with many unsold units? Even huge property developers like Capitaland with established tracked records can’t avoid this.. We do not think that “refurbishment” of the unsold units and displaying of “fireworks and laser works” are…

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Black Market Example – iPhone 6 in China

Black Market Example – iPhone 6 in China

Do you know that a black market example would be the new launches of iPhone 6s in China As Apple is still waiting necessary approval from China before the official launch of iPhone 6 in China, many PRCs have already begun smuggling iPhone 6s launched in…

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