Wall Wisher: Elasticity Concepts + Review

Hey~

Please visit this site: Elasticity Wall Wisher and follow the instructions! You are basically to post sticky pads onto the wall with regards to issues/challenges regarding the various elasticity concepts that you feel were not addressed adequately during tutorials. I'll look through them and see if I can remediate the situation.

Besides this, as we break for a long weekend, do take the time to provide some feedback with regards to me as a person, a teacher or any other roles you might see me as. Just drop your comments on the wall and do be honest! This will go a long way in helping me as a teacher! Thanks!!
Mr Andy's Feedback Wall

cheers~
Mr. Andy

What to Expect & Homework (19/04/2011)

Hey~

Here's a recap of what to expect & the homework for this coming Thursday!

What to expect:

• Lecture Notes Qn 9 Presentation
• Workbook Qn 7 Review 
• Summary on Elasticity Concepts - BIG picture
• New Group Leaders

Homework:

• Review classmates' issues on BOTH elasticity of demand and supply and see if you are able to answer some of their concern
• Attempt Workbook Qn 13 for in-class discussion

Besides this, seeing how Friday is a holiday, I will not be starting my extra lessons this week. Instead, I'll have it on next Thursday, which will be just in time to answer any last minute questions regarding CSQ.

cheers~

Mr. Andy

Conviction

Write with conviction, talk with conviction. Live with conviction.

Dance and Essay Writing

Alex and Alison - Hallelujah

Please recall what Nigel Barker said and apply it to your essays!

Debate and Essay Writing

ECONS SUPPLEMENTARY NOTES

                             MIND MAP FOR THE SUMMARY OF PRICE ELASTICITY OF DEMAND

ANSWERS FOR QN 28 OF CHAPTER 1 WORKBK

-CLEMENT-

ECONS ANSWERS

FOR GROUPS: STRONG AND GARY BECKER POST UR ANSWER FOR THE IPHONE THINGGY UNDER THIS ENTRY THANKS

-CLEMENT-

The New Iphone 5 Parody

Hey~

Watch this video and revisit your concepts of demand and supply. What particular trait of demand/supply is highlighted in this video? (hint: it is one of the determinants)

Please have your groups' responses for the following questions down in the comments latest by 12pm on Monday (11th April).

Discussion Questions:

1. Apple is a dominant producer in the market for smart phones. How do they maintain this position?
2. How are consumers' demand manipulated by Apple's marketing strategies?
3. How does Apple affect supply of smart phones and what impact does this have on the Market Equilibrium?