Economics for Business and Management Essay Example | Topics and Well Written Essays - 2000 words

Economics for Business and Management - Essay ExampleAccording to Adams (2013), buttocks is mainly used in the manufacture of electronic items, and considering that the semiconductor sales which are a good indicator of the performance of the electronics industry, which seem to have fair improved after undergoing a lengthy failing period from the summer of 2011 to the last quarter of 2012. The direct relationship between tin consumption and its expense is demonstrated in figure 2 in comparison with figure 1 here it is clear that the price of the commodity increases when its c each(prenominal) for is high and decreases when its demand is low. 9 9 Figure 2 Source ITRI (http//www.fastmarkets.com/tin-analysis-and-research/tin-q12013) 9 Conclusion 10 References 11 Adams, W., 2013. Tin Analysis and Forecast Q1 2013. ONLINE Available at 11 Accessed 30 December 2013. 11 Base metals.com., n.d. All about Tin. Online Available at Accessed 30 December 2013. 11 Fraser, C., 2013. Tin Price set to melt higher in 2013. online Available at Accessed 30 December 2013. 11 Gandolfo, G., 2004. ... New York NBER. 11 Tucker B., 2010. Macroeconomics for Today. Boston, MA Cengage Learning. 12 TASK A ordain the new carbon price results to decrease in pollution levels? Climate change is a serious and rampant global challenge that requires the input of all nations in addressing it. There is urgent necessity for concerted efforts of international response and national efforts to reduce greenhouse gas (GHC) emissions. The international community has made efforts to remove this ugly trend by setting up The United Nations Framework Convention on Climate Change (UNFCCC) whose main mandate is to respond to temper change. Frank (2007) asserts that the convention has set up The Associated Kyoto Protocol, a global agreement that categorizes countries by their level of industrialization and commits some countries to reduce their CGH emission rates. The Kyoto Protocol requires positive count ries to reduce GHG emissions to 5 per cent below 1990 levels by 2012. It is prudent to note that climate change experts concur that tagging price on greenhouse gas sacking emissions is a potent strategy in a range of solutions put in place to curb the adverse effects of climate change. There is need for an effective carbon pricing administration in which every tonne of pollution comes at a cost as opposed to being free. The musical arrangement in structured in such a way that dirty energy sources pay more in carbon tax. The idea is logical and should not be viewed by the affected parties as a radical one it is the best way to make entities embrace green technologies. For instance, if a pricing system exists, the economy will find it cost effective to build wind turbines instead of coal plants instead of driving gas-power cars, the economy will chose electric vehicles powered by renewable energy