Term 2 is a challenging time for J2 HCI students because the school is embarking on “flipped learning” (see point 5) which essentially means the students are left largely on their own with no lectures or tutorials for the topic “Firms and Market Structures”. This is a topic with quite a number of difficult concepts [...]
Defining value is not as simple as it seems. Explore the paradox of value by watching this video from Ted-Ed's Constantly Curious. Imagine you’re on a game show and you can choose between two prizes: a diamond … or a bottle of water. It’s an easy choice – the diamonds are more valuable. But if [...]
Watch this video from The Economist, Asia and learn the Big Mag Economics. What can a Big Mac tell us about the global economy? By comparing the prices of Big Mac in US dollars against the price of a Big Mac in another country's currency, we can see whether a currency is over- or undervalued. [...]
Obesity is no longer a rich-world problem. People are fatter than ever. Hunger still blights many parts of the world. But the share of people who do not have enough to eat is in decline. This video from The Economist discusses the future effects of obesity in developing countries.
Vienna tops the Most Liveable City ranking by Economist Intelligence Unit. The ranking is based on the following factors: Stability, Education, Healthcare, Infrastructure, Culture, and Environment. Watch this video by the Economist for more details:
As global populations shift the world as we know it will change. Today's dominant, developed economies will be increasingly focused on supporting the elderly. Whereas less-developed countries will be transformed by population booms. Source: The Economist
See how culture and politics constrain or drive economies as economists understand little about the social and geopolitical forces that influence a country's growth. https://www.facebook.com/EconomistAsia/videos/1758822094224663/