Said he wanted some articles to respond to, but he's not responding to the recent posts. In fact, no body is.... should I go on holiday and forget about you all?
Wednesday, April 8, 2009
Consumer confidence improves... indicating what?
Consumer confidence is a closely watched and hotly debated economic indicator. Some analysts regard it as an exceptionally meaningful barometer and forecasting tool, and many cite it as a strong factor in stock market swings. Yet others question its fundamental validity. Can we trust gauges of consumer confidence? Just what do they measure? How do these measurements interact with economic conditions? Do movements in confidence correlate with other indicators, including personal spending? Is confidence a leading, lagging or coincident indicator of economic recession and recovery?
Here's what was reported in the Australian today - note what story they think the figures suggest:
Why don't you do some wide reading on the usefulness of Consumer confidence as a macro economic indicator...
Sunday, April 5, 2009
DRQ:Consumer behaviour changing in response to...
This article from the Economist suggests reasons why consumer behaviour is changing. Explain why using evidence from the article, highlighting the use of coincident indicators such as these figures in the graph. Evaluate the effects through the economy as savings become more of a priority, also how businesses will have to adjust to attact potential shoppers. Using the DRQ answering process to define red terms, diagram to show falling demand, then blue directions for the rest of the answer.
DRQ: Soaring price of Gold...
People are literally trying to find more gold as its price keeps rising. Analyse why Demand for Gold continues to rise in-light of economic uncertainty and risks of inflation. You might also explain some of the history of the commodity as a standard for valuing currency, etc.
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