BBC News - Factories shut as crisis hits China
The Financial crisis today has started affecting the world’s economy in larger ways than originally expected, especially in China. Due to the financial crisis, some of China’s factories have begun to shut down and jobs are no longer available. The article states the west [...]
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The Business Standard: Low-end chocolate makers upbeat on demand
In the article, a shift in the domestic food habits of the Indian consumer is leading to an increase in demand in the chocolate market of India, a well established area of cocoa production. Due to this increased popularity of chocolate consumption, the country’s cocoa imports are [...]
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DB warns of packaged beer price rise next year - Breweries news - NZ Herald - NZ Herald News
The article presents the situation of suppliers in the packaged beer market. The suppliers are warning consumers that the price of beer will go up, due to the mounting costs of the factors of production, such as [...]
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Ray Levato, (November 19, 2008), WHEC-TV Rochester, NY;
Shoe repair biz up
In these tough economic times, as consumers’ incomes decline, unemployment increases, and the expectations for the future of the economy worsen, one affected sector is the shoe industry. Consumers are limiting spending by foregoing the purchase of new shoes and rather having their old [...]
Wednesday, November 7th, 2007
by Annie Sung and Kristie Chung
Which do you prefer, the Wii? the XBox 360? the PS3? How about other video game consoles? Can you even think of any other video games consoles? Hmm… let’s see… how about the Sega? Wait, no, haven’t seen any of those in a while… what about the Atari? Oh, shoot, [...]
Saturday, October 20th, 2007
By Claire Moon and So Yeon Yoon
For our second installment of the SAS Economists Podcast, Claire and So Yeon survey 55 students to discover what determines where they prefer to get their coffee fix in the Shanghai neighborhood of Gubei. They discover through their research that consumers base their decisions on a variety of reasons, [...]
Determinants of demand for Starbucks vs. The Coffee Bean [5:24m]: Play Now | Play in Popup | DownloadBy Emily Yeh and David Xu:
Introduction: So today on SAS Economists podcast we come to examine the economic practices of our beloved catering service, Eurest. For the last several years Eurest has held our stomachs and their breaths, as they poured out food for the school community’s enjoyment. But how much does the community really [...]
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It looks like iTunes’ era of monopoly could be coming to an end.
Amazon Digital Music Store Goes Online
The iPod is the King of mp3 players in this generation, and where do iPod owners buy their music? That’s right, iTunes. Most of us are familiar with the online music store that’s available to not only [...]
McDonald’s comeback surprises experts
For past few years, nutrition and health problem emerged out, blocking McDonald’s business off. There were bunch of consumer activitists and nutritionist lecturing about harm of McDonald’s food, eventually preventing the consumers from eating ‘junk food’. McDonald’s stock staggered to barely $12 in 2003 according to the report.
“A couple of years ago [...]
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