Thursday 21 February 2008

Playing Games

I don't like suggesting that you should play more computer games, but I read about EVE Online. It's an online muliplayer role-playing game. Personally, it's too much money to start spending on games. It does look at economies and how prices, supply and demand change over time. Apparently there are a lot of executives who play it. If anyone does play, I'd be interested to know what you think about it all:

http://news.bbc.co.uk/1/hi/technology/7256069.stm
http://www.eve-online.com/

Thursday 14 February 2008

Year 5 Coke vs Pepsi

Coca-cola and Pepsi have never loved each other. If you look at the youtube links below, you can see how they go for each other quite directly in adverts from the 1980s. No one seems to explicitly mention competitors in adverts today, but check out the videos and links about "New Coke":

http://www.youtube.com/watch?v=5vw2g5zR9PY
http://www.youtube.com/watch?v=qfhFBTL-Xsw
http://www.youtube.com/watch?v=8_hvOBnsirI&feature=related
http://www.youtube.com/watch?v=mB2WW7q0ghw&feature=related

Year 6 - Free trade!

I'm not the biggest fan of Mr Mandelson, but hot dang, he's actually said something worth listening to. He made some interesting points saying free trade is the best way to allieviate poverty:

http://www.economist.com/blogs/certainideasofeurope/2008/02/we_all_live_in_the_global_mark.cfm

More Year 5 Market structures

If you've looked at price discrimination, have a look at:

http://tutor2u.net/quiz/economics/jbc_econ_monopoly_1.htm
http://www.bized.co.uk/learn/economics/qbank/firms5.htm

Year 5 Price Discrimination

I'm sure you'd all love to have a look at http://www.bized.co.uk/virtual/vla/price_discrimination/index.htm

Mr W