...Target 2.0 Economics - Cost and Prices Over the past 3 months the prices of oil have fallen steeply by around 22% from the same month last year, meaning the the price of oil has fallen to around US $78 per barrel. The graph shows a that in the first quarter prices fell, then picked up again in the second quarter and began to rise, however prices began to fall sharply in the third quarter and fourth quarter. The economic impacts to the UK means that production costs should falls so in microeconomic terms firms should be able to produce more for less, thus increase the capacity in the short term, therefore in macroeconomics terms this will lower the price level, as this would cause the SRAS to shift right. This will therefore put downward pressure on the headline rate of inflation. The sell-off reflects expectations of a continued market surplus owing to weak demand, large supply growth, higher stocks and little indication from OPEC that it will cut production to stem the price slide. Crude oil demand has been weak seasonally because of autumn refinery maintenance, and global oil consumption growth more broadly was very sluggish in the 2nd and 3rd quarters. Surging oil supply growth is at the heart of the surplus, led by shale oil production in the U.S. which has forced out light oil imports from West Africa, and increasingly medium sour crude from the Middle East and elsewhere. A direct effect of lower oil prices might be seen in the form of lower prices paid by households...
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...Running head: ANNOTATED REFERENCE LIST 1 Annotated Reference List Tammy Washington Grand Canyon University: UNV 501 July 25, 2012 Annotated Reference List Hill, Kimberly A. (2012). The Real World Start Here. Educational Leadership; April2012, Vol. 69 Issue 7, p78-80, 3p Item: 75242232 Doctoral candidate at George Washington University in Washington, DC; 240-320-4810; khill@ccboe.com Retrieved from http://library.gcu.edu:2048/login This article researched the emergence of vocational learning and traditional academic readiness for college because the attendance for these programs was at an all-time low. (Hill, 2012). The article sparked my interest because it touched on the need to incorporate vocational learning with traditional academic readiness. This article is scholarly because it took a problem and solved it by researching the problem, and then solving it scientifically. Mokher, Christine. (2011). Aligning Career and Technical Education with High-Wage and High-Demand Occupations in Tennessee. Summary. Issues & Answers. (REL 2011-No. 111). Alexandria, VA: Regional Educational Laboratory Appalachia. (ED 522341) This article researched the need for in demand jobs with that of curriculum standards in public education. A key finding was that 92 percent of Tennessee graduates were enrolled in a school that offered trade and industrial education. (Mokher, 2011). This article is peer reviewed...
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...REVIEW OF THE BUSINESS Argos business review —— As the UK’s leading multi channel retailer, Argos provides a highly successful and unique offer of choice, value and convenience. Operational review Multi-channel leadership Multi-channel sales have continued to grow and now represent £1.9bn or 46% of Argos’ total sales. Internet orders represent 36% of Argos’ total sales, up from 32% last year, with the remaining 10% of multi-channel sales being products ordered either in-store or by telephone for home delivery. Argos continues to be the second largest internet retailer in the UK, with 400 million website visits during the year. The Spring/Summer 2011 catalogue launch was the first to fully integrate social media into the multi-channel offer. Through the growing Twitter and Facebook communities, customers can access the Argos products, share ideas and discover engaging content. More convenience through store-based collection Stores remain a key component of the Argos multi-channel model, operating with a national chain that provides convenient ‘pick up points’ for the customer. During the year under review 11 stores were opened and five stores were closed, the net six new stores grew the store portfolio to 751. In addition, seven stores were relocated to improved locations. In the 2011/12 financial year, there will be around 15 new store openings, while around five older stores are likely to be closed; there will also be a number of additional stores that are relocated to better...
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