This document provides an overview of economics for journalists, covering topics like supply and demand, the business cycle, economic growth, recessions, and market cycles. It explains that supply and demand determine market prices, and that the business cycle involves periods of growth, peak, recession, and recovery. The circular flow model and factors influencing long-term economic growth are also summarized. Journalists are advised to provide perspective on economic issues rather than panic about normal cyclical changes.
This investor presentation summarizes Kimco Realty Corporation, the largest public owner and operator of neighborhood and community shopping centers in North America. Key points include:
1) Kimco has a portfolio of over 930 shopping center properties across the US, Canada, Mexico, and South America totaling over 136 million square feet.
2) Kimco has maintained a stable dividend yield of around 3.9% and investment grade credit ratings.
3) Kimco's portfolio has remained resilient during the recession, with same-property NOI growth and occupancy rates consistently above industry benchmarks.
This document provides an overview of demand, supply, and elasticity diagrams. It includes diagrams demonstrating the demand curve, shifts in demand from increases or decreases, the supply curve, shifts in supply, and price equilibrium where quantity demanded equals quantity supplied. It also covers the different types of elasticities including price elasticity, cross elasticity, income elasticity, and inelastic, elastic, and unit elastic demand and supply curves. The document provides examples of each type of curve and how they shift with changes in the market. It concludes with a discussion of the Giffen good paradox and when income elasticity could be negative.
The retail market in Indianapolis saw a modest improvement in the third quarter of 2012, with net absorption of 187,936 square feet across all retail types. This reversed losses from the previous quarter and brought the year-to-date net absorption to 157,610 square feet. Vacancy rates declined to 7.4% as a result. Average asking rental rates fell to $11.66 per square foot, down 481 basis points from 2011. The forecast predicts continued modest sales growth, especially in value, discount, and luxury retailers. Retailers will focus capital on higher-quality locations, while development remains limited outside of mixed-use projects in dense areas.
The document discusses various types of government intervention in markets, including taxes, subsidies, price controls, and regulation. It also examines how buffer stock schemes can help stabilize prices by buying excess supply when prices fall and releasing stock when prices rise. The effects of taxes and subsidies on producer and consumer surplus are analyzed using supply and demand diagrams. Subsidies are more likely to lower prices when demand is price elastic.
This document discusses various elasticities used by economists including price elasticity of demand (PED), income elasticity of demand (YED), cross price elasticity of demand (XED), and price elasticity of supply (PES). It provides the definitions and formulas for calculating each elasticity. It also discusses factors that affect elasticities and provides examples of applying elasticity concepts.
This presentation is from Kimco Realty Corporation, the largest owner and operator of neighborhood and community shopping centers in North America. Key points:
- Kimco has 922 shopping center properties totaling 135 million leasable square feet across 44 US states, Puerto Rico, Canada, Mexico, and South America.
- Their geographic footprint provides stability through diversification, with international markets accounting for 20% of rents and top states including California, Florida, New York, and Texas.
- Kimco maintains a highly occupied portfolio at 93.7% and focuses on anchoring centers with strong, creditworthy retailers, with only 14 tenants accounting for over 1% of total rent each.
The document provides a daily research report on commodity markets. It summarizes movements in commodity prices from the previous day. It then analyzes the fundamentals and technicals for crude oil and maize, maintaining a bullish view on crude and recommending short-term buying of maize followed by selling. Charts are included and near-term trading strategies and targets are suggested. Economic data from the US is also listed.
Analysis of purchasing_habits_of_shopping_mall__retailShailesh Rajhans
This document proposes a study on the buying patterns of customers at retail stores and shopping malls in Pune and Pimpri-Chinchwad, India. The study aims to [1] analyze how promotion strategies and sales management impact buying budgets and patterns, [2] compare pricing policies between organized and unorganized retailers, and [3] understand the influence of retail on brand awareness and consumer living standards. A questionnaire survey of 1000 customers and retailers is planned to collect data on demographics, store preferences, spending habits, and perceptions of retail marketing. Hypotheses include that competition has lowered prices and increased discounts/gifts, and that malls attract more customers by enabling one-stop shopping and effective crowd management
This investor presentation summarizes Kimco Realty Corporation, the largest public owner and operator of neighborhood and community shopping centers in North America. Key points include:
1) Kimco has a portfolio of over 930 shopping center properties across the US, Canada, Mexico, and South America totaling over 136 million square feet.
2) Kimco has maintained a stable dividend yield of around 3.9% and investment grade credit ratings.
3) Kimco's portfolio has remained resilient during the recession, with same-property NOI growth and occupancy rates consistently above industry benchmarks.
This document provides an overview of demand, supply, and elasticity diagrams. It includes diagrams demonstrating the demand curve, shifts in demand from increases or decreases, the supply curve, shifts in supply, and price equilibrium where quantity demanded equals quantity supplied. It also covers the different types of elasticities including price elasticity, cross elasticity, income elasticity, and inelastic, elastic, and unit elastic demand and supply curves. The document provides examples of each type of curve and how they shift with changes in the market. It concludes with a discussion of the Giffen good paradox and when income elasticity could be negative.
The retail market in Indianapolis saw a modest improvement in the third quarter of 2012, with net absorption of 187,936 square feet across all retail types. This reversed losses from the previous quarter and brought the year-to-date net absorption to 157,610 square feet. Vacancy rates declined to 7.4% as a result. Average asking rental rates fell to $11.66 per square foot, down 481 basis points from 2011. The forecast predicts continued modest sales growth, especially in value, discount, and luxury retailers. Retailers will focus capital on higher-quality locations, while development remains limited outside of mixed-use projects in dense areas.
The document discusses various types of government intervention in markets, including taxes, subsidies, price controls, and regulation. It also examines how buffer stock schemes can help stabilize prices by buying excess supply when prices fall and releasing stock when prices rise. The effects of taxes and subsidies on producer and consumer surplus are analyzed using supply and demand diagrams. Subsidies are more likely to lower prices when demand is price elastic.
This document discusses various elasticities used by economists including price elasticity of demand (PED), income elasticity of demand (YED), cross price elasticity of demand (XED), and price elasticity of supply (PES). It provides the definitions and formulas for calculating each elasticity. It also discusses factors that affect elasticities and provides examples of applying elasticity concepts.
This presentation is from Kimco Realty Corporation, the largest owner and operator of neighborhood and community shopping centers in North America. Key points:
- Kimco has 922 shopping center properties totaling 135 million leasable square feet across 44 US states, Puerto Rico, Canada, Mexico, and South America.
- Their geographic footprint provides stability through diversification, with international markets accounting for 20% of rents and top states including California, Florida, New York, and Texas.
- Kimco maintains a highly occupied portfolio at 93.7% and focuses on anchoring centers with strong, creditworthy retailers, with only 14 tenants accounting for over 1% of total rent each.
The document provides a daily research report on commodity markets. It summarizes movements in commodity prices from the previous day. It then analyzes the fundamentals and technicals for crude oil and maize, maintaining a bullish view on crude and recommending short-term buying of maize followed by selling. Charts are included and near-term trading strategies and targets are suggested. Economic data from the US is also listed.
Analysis of purchasing_habits_of_shopping_mall__retailShailesh Rajhans
This document proposes a study on the buying patterns of customers at retail stores and shopping malls in Pune and Pimpri-Chinchwad, India. The study aims to [1] analyze how promotion strategies and sales management impact buying budgets and patterns, [2] compare pricing policies between organized and unorganized retailers, and [3] understand the influence of retail on brand awareness and consumer living standards. A questionnaire survey of 1000 customers and retailers is planned to collect data on demographics, store preferences, spending habits, and perceptions of retail marketing. Hypotheses include that competition has lowered prices and increased discounts/gifts, and that malls attract more customers by enabling one-stop shopping and effective crowd management
This document provides an introduction to economic journalism. It defines economics as the study of how people deal with scarcity and make choices about allocating limited resources. Key economic concepts discussed include supply and demand, incentives, business cycles, and how governments measure and influence economic performance. The role of economic journalists is to provide context and perspective on these issues.
This document provides an overview of mergers and acquisitions (M&A), initial public offerings (IPOs), and international trade. It discusses different types of M&A deals, global M&A activity from 2004-2012, the M&A process, questions to consider in M&A deals, and valuations. It also covers the IPO process, trade terminology, arguments for and against free trade, government trade policies, and the relationship between trade and currency values.
This document provides an overview of foreign exchange and bond markets. It discusses the major global currencies and daily forex trading volumes. It also outlines factors that influence currency values such as interest rates, inflation, and trade imbalances. Additionally, it defines what bonds are, how bond markets work, and key factors like interest rates and credit ratings that affect bond prices. Yield curves and spreads are also explained as tools used in analyzing bond markets.
The banking system channels savings from individuals to borrowers. As financial intermediaries, commercial banks take deposits and make loans. They must keep a portion of deposits as reserves set by the central bank. When the reserve ratio is lower, banks can lend out more, expanding the money supply through the money multiplier effect. Non-bank financial institutions also participate in shadow banking.
This document provides an overview of financial markets for journalists. It discusses the key characteristics of markets, including that they bring together buyers and sellers, allow standardized trading of fungible products by any participant, and make trade information public. The document also summarizes the main types of financial markets like commodities, stocks, bonds and forex, and the participants, price formation processes, and factors that influence prices in these markets.
The document provides an overview of analyzing corporate profit and loss statements. It discusses key components of a P&L statement such as revenue, expenses, profit, earnings per share, and how it shows the path from revenue to net profit. It also discusses interpreting P&L statements, including checking footnotes and understanding the treatment of items like depreciation, subsidiaries versus associates, and minority interests. An example P&L statement is then presented for Hutchison Whampoa Limited to demonstrate these concepts.
The document provides an overview of international trade concepts including absolute advantage, comparative advantage, trade barriers, and trade policies. It discusses how free trade creates winners and losers between importing and exporting countries. Specifically, domestic consumers in importing countries and domestic producers in exporting countries tend to benefit from free trade, while the opposite is true for domestic consumers in exporting countries and domestic producers in importing countries. The document also outlines the effects of tariffs on prices and trade volumes.
PCCW reported a 20% decline in first-half net profit due to lower revenue contribution from its property development unit. Net profit fell to HK$656 million from HK$822 million a year earlier, while revenue declined 2% to HK$11.37 billion, mainly due to smaller contribution from its property development subsidiary. Revenue from PCCW's core telecommunications services rose 11% and from its broadband TV business increased 45%, but it did not offset the decline in property revenue. An analyst said net profit was below expectations due to continued investment in the TV business.
This document provides an overview of government economic policy tools used by central banks and finance ministries. It discusses fiscal policy tools like taxation and government spending and how they can be used to stimulate or contract the economy. It also explains monetary policy tools controlled by central banks, including interest rates, required reserve ratios, and open market operations to influence money supply and achieve goals of steady growth and low inflation. Specific policy examples from the US, UK, Japan, and Europe are also mentioned.
The document discusses key economic goals of governments including full employment, steady annual growth, and stable prices. It then covers concepts of absolute and comparative advantage in determining what goods countries will produce. It provides an overview of common economic indicators used to measure economic performance such as GDP, CPI, unemployment, and money supply. It also discusses important considerations for analyzing and reporting on economic data.
The document provides an overview of key concepts for covering stock markets and shares, including:
- What a share represents in terms of ownership stake and entitlement to profits
- Factors that influence share prices such as supply and demand, the economy, and company earnings
- How share prices reflect market expectations about a company's future performance
- Tools for analyzing stocks such as indexes, sectors, market capitalization, price-earnings ratios, and technical indicators
- Sources of information like brokerage ratings and finding contextual factors behind price movements
This document provides an overview of economics concepts for journalists. It discusses three main types of corporate financial disclosures - profit and loss statements, balance sheets, and cash flow statements. When reporting on earnings, journalists should focus on net profit and revenue year-over-year changes. The document also summarizes an article about Hong Kong's Hutchison Whampoa reporting a 12% rise in profits and explains economic growth and business cycles.
The stock market rebounded after earlier losses as concerns eased over European banks' access to funding. French banks reassured markets and investors watched for progress on Europe's debt crisis. Major U.S. stock indices ended higher, led by gains in industrial, materials and tech stocks, as signs pointed to stabilization in the markets.
Hutchison Whampoa reported a 12% rise in net profit to HK$14.17 billion in 2009, despite a 14% drop in revenue to HK$300.55 billion. Gains from property and asset sales offset losses in its energy and 3G businesses. While losses in 3G operations fell 67%, the division is still dragging on earnings. However, results from property completions and asset sales boosted profits.
The document provides an overview of covering company news as a financial journalist. It discusses why companies exist, the differences between private and public companies, and how public corporations function. It also outlines various types of corporate stories to cover, including earnings announcements, new products/business lines, executive changes, initial public offerings, and secondary fundraising. Key details on how to report on these stories such as common questions to ask and elements to include in articles are also reviewed.
This document provides an introduction to economic indicators for journalism students. It defines economic indicators as data used to evaluate the health of an economy. It discusses established indicators like the Consumer Price Index and copper prices. It also categorizes indicators as lagging, coincident, or leading in relation to economic activity. The document advises that good indicators are original, measure important economic activity accurately and consistently, and correlate closely with broader economic measures. It gives some hypothetical alternative indicators as examples from past classes.
This document provides an overview of corporations for journalism students. It discusses why companies exist, the difference between private and public companies, key industries, how public companies function, costs and profit, types of corporate stories to cover, and earnings announcements. The document is from a class on economics for journalists that focuses on reviewing supply and demand, examining the economic efficiency of gifts, and discussing corporations.
The document contains three proposals for small business profiles to cover:
1. A Chinese company called Yage Era Corp. that deletes negative posts and links online for clients and how it navigates regulations in a growing market.
2. A cat cafe in Hong Kong called The Cat Cafe that lost its restaurant license but continues operating as a cooking school with resident cats.
3. A music therapy center in Hong Kong called Pang's Music Therapy Center that offers treatments to both special needs and normal clients, and the growing but limited market for music therapy in Hong Kong.
This document provides an overview of week 2 topics from an economics course for journalists, including supply and demand. It discusses key concepts such as scarcity, opportunity costs, comparative advantage, and how supply and demand determine market prices. Government policies like rent control are also examined. An example writing assignment is given asking students to explain why a dog walker earns more than nurses based on economic concepts from class. Assessment criteria for the assignments focus on correctly applying relevant economic ideas and constructing a logical argument.
This document provides an overview of a course on global financial journalism. It discusses key themes like how everything in today's global financial system is interrelated and how business journalism isn't just about numbers but also about people. It defines what constitutes business news and explains why business journalism is important. The document outlines learning outcomes, assignments students will complete, reading assignments, the assessment process, and the course schedule. The goal is for students to learn to write different types of business news stories and analyze financial documents and events.
Unlock Your Potential with NCVT MIS.pptxcosmo-soil
The NCVT MIS Certificate, issued by the National Council for Vocational Training (NCVT), is a crucial credential for skill development in India. Recognized nationwide, it verifies vocational training across diverse trades, enhancing employment prospects, standardizing training quality, and promoting self-employment. This certification is integral to India's growing labor force, fostering skill development and economic growth.
Economic Risk Factor Update: June 2024 [SlideShare]Commonwealth
May’s reports showed signs of continued economic growth, said Sam Millette, director, fixed income, in his latest Economic Risk Factor Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
This document provides an introduction to economic journalism. It defines economics as the study of how people deal with scarcity and make choices about allocating limited resources. Key economic concepts discussed include supply and demand, incentives, business cycles, and how governments measure and influence economic performance. The role of economic journalists is to provide context and perspective on these issues.
This document provides an overview of mergers and acquisitions (M&A), initial public offerings (IPOs), and international trade. It discusses different types of M&A deals, global M&A activity from 2004-2012, the M&A process, questions to consider in M&A deals, and valuations. It also covers the IPO process, trade terminology, arguments for and against free trade, government trade policies, and the relationship between trade and currency values.
This document provides an overview of foreign exchange and bond markets. It discusses the major global currencies and daily forex trading volumes. It also outlines factors that influence currency values such as interest rates, inflation, and trade imbalances. Additionally, it defines what bonds are, how bond markets work, and key factors like interest rates and credit ratings that affect bond prices. Yield curves and spreads are also explained as tools used in analyzing bond markets.
The banking system channels savings from individuals to borrowers. As financial intermediaries, commercial banks take deposits and make loans. They must keep a portion of deposits as reserves set by the central bank. When the reserve ratio is lower, banks can lend out more, expanding the money supply through the money multiplier effect. Non-bank financial institutions also participate in shadow banking.
This document provides an overview of financial markets for journalists. It discusses the key characteristics of markets, including that they bring together buyers and sellers, allow standardized trading of fungible products by any participant, and make trade information public. The document also summarizes the main types of financial markets like commodities, stocks, bonds and forex, and the participants, price formation processes, and factors that influence prices in these markets.
The document provides an overview of analyzing corporate profit and loss statements. It discusses key components of a P&L statement such as revenue, expenses, profit, earnings per share, and how it shows the path from revenue to net profit. It also discusses interpreting P&L statements, including checking footnotes and understanding the treatment of items like depreciation, subsidiaries versus associates, and minority interests. An example P&L statement is then presented for Hutchison Whampoa Limited to demonstrate these concepts.
The document provides an overview of international trade concepts including absolute advantage, comparative advantage, trade barriers, and trade policies. It discusses how free trade creates winners and losers between importing and exporting countries. Specifically, domestic consumers in importing countries and domestic producers in exporting countries tend to benefit from free trade, while the opposite is true for domestic consumers in exporting countries and domestic producers in importing countries. The document also outlines the effects of tariffs on prices and trade volumes.
PCCW reported a 20% decline in first-half net profit due to lower revenue contribution from its property development unit. Net profit fell to HK$656 million from HK$822 million a year earlier, while revenue declined 2% to HK$11.37 billion, mainly due to smaller contribution from its property development subsidiary. Revenue from PCCW's core telecommunications services rose 11% and from its broadband TV business increased 45%, but it did not offset the decline in property revenue. An analyst said net profit was below expectations due to continued investment in the TV business.
This document provides an overview of government economic policy tools used by central banks and finance ministries. It discusses fiscal policy tools like taxation and government spending and how they can be used to stimulate or contract the economy. It also explains monetary policy tools controlled by central banks, including interest rates, required reserve ratios, and open market operations to influence money supply and achieve goals of steady growth and low inflation. Specific policy examples from the US, UK, Japan, and Europe are also mentioned.
The document discusses key economic goals of governments including full employment, steady annual growth, and stable prices. It then covers concepts of absolute and comparative advantage in determining what goods countries will produce. It provides an overview of common economic indicators used to measure economic performance such as GDP, CPI, unemployment, and money supply. It also discusses important considerations for analyzing and reporting on economic data.
The document provides an overview of key concepts for covering stock markets and shares, including:
- What a share represents in terms of ownership stake and entitlement to profits
- Factors that influence share prices such as supply and demand, the economy, and company earnings
- How share prices reflect market expectations about a company's future performance
- Tools for analyzing stocks such as indexes, sectors, market capitalization, price-earnings ratios, and technical indicators
- Sources of information like brokerage ratings and finding contextual factors behind price movements
This document provides an overview of economics concepts for journalists. It discusses three main types of corporate financial disclosures - profit and loss statements, balance sheets, and cash flow statements. When reporting on earnings, journalists should focus on net profit and revenue year-over-year changes. The document also summarizes an article about Hong Kong's Hutchison Whampoa reporting a 12% rise in profits and explains economic growth and business cycles.
The stock market rebounded after earlier losses as concerns eased over European banks' access to funding. French banks reassured markets and investors watched for progress on Europe's debt crisis. Major U.S. stock indices ended higher, led by gains in industrial, materials and tech stocks, as signs pointed to stabilization in the markets.
Hutchison Whampoa reported a 12% rise in net profit to HK$14.17 billion in 2009, despite a 14% drop in revenue to HK$300.55 billion. Gains from property and asset sales offset losses in its energy and 3G businesses. While losses in 3G operations fell 67%, the division is still dragging on earnings. However, results from property completions and asset sales boosted profits.
The document provides an overview of covering company news as a financial journalist. It discusses why companies exist, the differences between private and public companies, and how public corporations function. It also outlines various types of corporate stories to cover, including earnings announcements, new products/business lines, executive changes, initial public offerings, and secondary fundraising. Key details on how to report on these stories such as common questions to ask and elements to include in articles are also reviewed.
This document provides an introduction to economic indicators for journalism students. It defines economic indicators as data used to evaluate the health of an economy. It discusses established indicators like the Consumer Price Index and copper prices. It also categorizes indicators as lagging, coincident, or leading in relation to economic activity. The document advises that good indicators are original, measure important economic activity accurately and consistently, and correlate closely with broader economic measures. It gives some hypothetical alternative indicators as examples from past classes.
This document provides an overview of corporations for journalism students. It discusses why companies exist, the difference between private and public companies, key industries, how public companies function, costs and profit, types of corporate stories to cover, and earnings announcements. The document is from a class on economics for journalists that focuses on reviewing supply and demand, examining the economic efficiency of gifts, and discussing corporations.
The document contains three proposals for small business profiles to cover:
1. A Chinese company called Yage Era Corp. that deletes negative posts and links online for clients and how it navigates regulations in a growing market.
2. A cat cafe in Hong Kong called The Cat Cafe that lost its restaurant license but continues operating as a cooking school with resident cats.
3. A music therapy center in Hong Kong called Pang's Music Therapy Center that offers treatments to both special needs and normal clients, and the growing but limited market for music therapy in Hong Kong.
This document provides an overview of week 2 topics from an economics course for journalists, including supply and demand. It discusses key concepts such as scarcity, opportunity costs, comparative advantage, and how supply and demand determine market prices. Government policies like rent control are also examined. An example writing assignment is given asking students to explain why a dog walker earns more than nurses based on economic concepts from class. Assessment criteria for the assignments focus on correctly applying relevant economic ideas and constructing a logical argument.
This document provides an overview of a course on global financial journalism. It discusses key themes like how everything in today's global financial system is interrelated and how business journalism isn't just about numbers but also about people. It defines what constitutes business news and explains why business journalism is important. The document outlines learning outcomes, assignments students will complete, reading assignments, the assessment process, and the course schedule. The goal is for students to learn to write different types of business news stories and analyze financial documents and events.
Unlock Your Potential with NCVT MIS.pptxcosmo-soil
The NCVT MIS Certificate, issued by the National Council for Vocational Training (NCVT), is a crucial credential for skill development in India. Recognized nationwide, it verifies vocational training across diverse trades, enhancing employment prospects, standardizing training quality, and promoting self-employment. This certification is integral to India's growing labor force, fostering skill development and economic growth.
Economic Risk Factor Update: June 2024 [SlideShare]Commonwealth
May’s reports showed signs of continued economic growth, said Sam Millette, director, fixed income, in his latest Economic Risk Factor Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
In a tight labour market, job-seekers gain bargaining power and leverage it into greater job quality—at least, that’s the conventional wisdom.
Michael, LMIC Economist, presented findings that reveal a weakened relationship between labour market tightness and job quality indicators following the pandemic. Labour market tightness coincided with growth in real wages for only a portion of workers: those in low-wage jobs requiring little education. Several factors—including labour market composition, worker and employer behaviour, and labour market practices—have contributed to the absence of worker benefits. These will be investigated further in future work.
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
Enhancing Asset Quality: Strategies for Financial Institutionsshruti1menon2
Ensuring robust asset quality is not just a mere aspect but a critical cornerstone for the stability and success of financial institutions worldwide. It serves as the bedrock upon which profitability is built and investor confidence is sustained. Therefore, in this presentation, we delve into a comprehensive exploration of strategies that can aid financial institutions in achieving and maintaining superior asset quality.
New Visa Rules for Tourists and Students in Thailand | Amit Kakkar Easy VisaAmit Kakkar
Discover essential details about Thailand's recent visa policy changes, tailored for tourists and students. Amit Kakkar Easy Visa provides a comprehensive overview of new requirements, application processes, and tips to ensure a smooth transition for all travelers.
5 Tips for Creating Standard Financial ReportsEasyReports
Well-crafted financial reports serve as vital tools for decision-making and transparency within an organization. By following the undermentioned tips, you can create standardized financial reports that effectively communicate your company's financial health and performance to stakeholders.
1. Economics for Journalists
Week 3: Circles & Cycles: How economies work
Jeffrey Timmermans
Monday, 6 February, 12
2. Review: Supply
& Demand
✤ Demand is based on the
Price
value consumers attach to Supply
goods & services as well as
their income & substitute
goods Market
Price
✤ Supply is determined by
suppliers’ costs
Demand
✤ The market price is a Quantity
summary of the supply &
demand in the market
Monday, 6 February, 12
3. Review: Supply
& Demand
✤ Demand is based on the
Price
value consumers attach to Supply
goods & services as well as
their income & substitute New Price
goods
{
Market Add’l
Price Suppliers
✤ Supply is determined by New
Demand
suppliers’ costs
Demand
✤ The market price is a Quantity
summary of the supply &
demand in the market
Monday, 6 February, 12
4. What kind of product is this?
Price
Supply
Market
Price
Demand
Quantity
Monday, 6 February, 12
5. What kind of product is this?
Price
Supply
New Price
Market
Price
Demand
Q1 Quantity
Monday, 6 February, 12
6. What kind of product is this?
Price
Supply
Market
Price
Demand
Q1 Quantity
Monday, 6 February, 12
7. What kind of product is this?
Price
Supply
Market
Price
New Price
Demand
Q1 Quantity
Q2
Monday, 6 February, 12
8. Government Policy: Rent control
Price
Supply
Market
Price
Demand
Quantity
Monday, 6 February, 12
9. Government Policy: Rent control
Price
Supply
Market
Price
Mandated
Price
{ Supply
Gap
Demand
Quantity Quantity Quantity
Supplied Demanded
Monday, 6 February, 12
10. Types of economies
Command Free-market
Economy Economy
Total No gov’t
intervention intervention
U.S.
Hong Kong
N. Korea
Sweden
Monday, 6 February, 12
20. What’s a recession?
✤ Two consecutive quarters of declining economic output
Monday, 6 February, 12
21. What’s a recession?
✤ Two consecutive quarters of declining economic output
✤ In the U.S., whatever the National Bureau of Economic Research
(NBER) says it is!
Monday, 6 February, 12
22. The Regulatory Cycle
Crisis in un- or under-
Recession regulated area Deregulation
Politicians respond to Politicians respond to
people’s anger companies
Regulation,
followed by quiet
period Lobbyists/companies Growth
seek deregulation
Monday, 6 February, 12
23. Market Cycles:
Dow Theory
✤ Charles Dow (1851-1902)
founded Dow Jones & The Wall
Street Journal
✤ Dow noticed that prices on
markets follow both long-term
and short-term trends
✤ Short-term trends are
reactionary and won’t
necessarily derail long-term
trend Source: Library of Congress
Monday, 6 February, 12
24. Dow Theory: key assumptions
✤ The theory assumes the price of an asset traded on a market reflects
all available information
✤ A market price is the sum of all fears and the sum of all hopes
✤ Because a market price reflects everything market participants
expect will happen, prices are forward looking
✤ Prices are news!
Monday, 6 February, 12
25. Remember...
✤ Journalists can provide perspective and context:
✤ A recession isn’t the end of the world
✤ A growth & recovery phase won’t go on forever
✤ This time isn’t different!
✤ Regulatory response isn’t always appropriate and is influenced by
political considerations
Monday, 6 February, 12