The Economics

Improvement for a better Tomorrow

This blog is set up by four undergraduates with the aim to analyse economic problem based on newspaper articles, current issue etc.
Tell us what you think by leaving us your precious comment.
Thank you for reading!
“Economy is the method by which we prepare today to afford the improvements of tomorrow”-C.C

Friday, 26 October 2012

Electric car vs Petrol car

Based on Koo in Asia One, he states that an electric car in Brunei is more expensive than a petrol car. This topic is further discussed in his article ‘Cheap petrol price will block electric car’ on 2nd October 2012. Koo claims in his article, in an interview with The Brunei Times, Hiroshi Masuoka, a senior expert with Mitsubishi Motors Product Strategy Office said that the introduction of electrical cars in Brunei Darussalam may be...

H&M Opening in Malaysia

According to Koh in Malaysia Insiders, she states that H&M, a Swedish fast fashion giant, has created a big impact in the fashion market since its opening on the 22nd of September. This is further discussed in her article, ‘Is H&M starting a revolution in Malaysia?’, on 1st of October 2012. In Koh’s article, she points out that with unbelievably affordable prices of H&M, it is no surprise that even on a workday afternoon...

BOOSTING OF PETROL PRICE

           According to Star Newspaper dated on 3 November 2010, which has written by Star's journalist reported that the price of premium petrol RON 97 has gone up by 30% in the news of “RON 97 price hike hits high-end users”. It was reported that price of premium petrol RON 97 has gone up by 30% from RM 2.70 to RM 3.00 per litre.        Petrol is extremely controversial product because...

DRAMATIC RISES IN PRICE OF CHICKEN

       According to Star Online news about “Chicken prices shoot up ”dated on 8 May 2011, written by Ng Cheng Yee and Qishin Tariq , they reported that the price on chicken has increased. The price of chicken has gone up to as high as RM8.50 per kilo at some wet markets. The rising prices of chicken’s feed has caused this situation happened.           Chicken meat is an essential food will give carbohydrate...

The Rise of Sugar Price

The article, “Malaysia’s sugar demand to increase 36% by 2020” written by Chong Jin Hun in The Edge Financial Daily, May 20 2011, stated that the demand for sugar in Malaysia is expected to increase from 1.4 million tonnes to 1.9 million tonnes in year 2020 due to the increasing population and economy growth. After reading the article, I agreed to what Chong said regarding the sugar demand and its price. The author has listed the main factors...

What Happen When Gasoline Price Increase?

Based on the article edited by Wallace in Thomson Reuter, MasterCard’s SpendingPulse reported on 7 August 2012, U.S. gasoline demand fall as the price rise due to oil leakage of more than 1000 barrels of oil at Midwest's largest refineries and a crude oil artery in Wisconsin. However, the yearly gasoline consumption is still lower than previous year. In my opinion, the shortage of gasoline demand will cause the price to increase because...