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Hello! I've written the same post on TSR but no replies, so if anyone would be kind to help here pls do !

I need to write two commentaries very soon, and our teacher is really bad so I cannot get any advice/comments.

I've found the articles to write about..

1. Microeconomics

"Majestic warns of champagne price rise"

http://www.telegraph.co.uk/money/mai...champers10.xml

and

2. Trade (currency)

"Get your holiday euros now because the pound is about to be grounded"

http://www.guardian.co.uk/business/2...lingrate/print

1. For this article on wine, I decided to talk about the elasticities of supply & demand, and show how the supply decreases due to the rice in price of champagne in pounts, etc.

What more can I write about? Please give me some suggestions !

2. This article, I'm having troulbe understanding. What should I use to write in my commentary?

Thank you very much in advance!

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For 1) You basicilly just need to talk about the things you mentioned. You can just expand on those ie. explain the factors that affect supply (weather in this case) and discuss substitutes in consumption (which is many in this case).

For 2) I cant really help since i havent done international economics yet.

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Hi guys, I'm from Costa Rica and I'm just starting IB. I have been looking for a good source for my article, but I haven't found it yet. Can you give me any tips on good places for finding them? Thank you very much

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Depends on what section you're focusing on.

But you could try looking through LA times, NY times, or the Economist.

Articles on oil prices are always easiest if you're focusing on microeconomics.

I wouldn't recommend the economist, since the analysis is already done... you'll end up just changing a couple of words or giving arguments. Our teacher says that since you have to send in the article too, you risk you butt getting burned by the IB Evaluation.

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On the champagne thing, you just say that there was a shortage that drove the prices up, then retake the contents of the graph again and you'll find out it will never be that hard

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Personally, I think the hardest part of starting a commentary for your portfolio is finding a decent article.

The fact that all articles have to be from different sites doesn't help.

Here is a list of sites I find my articles on.

I hope this helps.

BBC

http://www.bbc.co.uk

Wall Street Journal

http://online.wsj.com

Guardian

http://www.guardian.co.uk/

New York Times

http://www.nytimes.com/

Wahington Post

http://www.washingtonpost.com/

Please post others!

I could use some.

Edited by Eartian

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for the first article you could also talk about what caused the rise in prices and how this will, like you mentioned, decrease deamand because of the law of demand, and you could further illustrate this by drawing a supply and demand curve. IF you do choose to draw that then you could talk about equilibrium and how the equilibrium price changed and has become higher which would cause a surplus as not many people will be willing to buy champagne anymore, so the only way to fix this would be to lower the price once again.

hope this helps =)

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the Economist.

My tip to everyone here is: IGNORE THE ECONOMIST. Don't even look at it. Even if an article in the Economist seems good, don't pick it! The reason for this is that since the Economist is aimed for people who understand Economics (i.e. Economists), it tends to be very analytical in the article itself. This,in turn, means that you have less space for your own analysis and may just end up narrating what the article says. This is something you definitely want to avoid!

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My tip to everyone here is: IGNORE THE ECONOMIST. Don't even look at it. Even if an article in the Economist seems good, don't pick it! The reason for this is that since the Economist is aimed for people who understand Economics (i.e. Economists), it tends to be very analytical in the article itself. This,in turn, means that you have less space for your own analysis and may just end up narrating what the article says. This is something you definitely want to avoid!

Just what i was going to say :) AVOID the economics, financial times etc at all costs... newsweek or news.bbc.co.uk will be infinitely easier!

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http://www.msnbc.msn.com/id/24227497/

can someone help me with figuring out what i can talk about in terms of theory?

hmm, maybe how setting up a cartel (=More Price Control) isn't helping the oil prices. Buffer stock keeps getting smaller, Stakeholders outside the OPEC countries are going through negative externalities. Maybe you could relate whats happening with oil with what countries such as Thailand are wanting to do with Rice:

http://www.cnn.com/2008/WORLD/asiapcf/05/0...iref=newssearch

If anyone cares to give me input on this article that I am using for my IA.

Otherwise here's some other sources that have yet to be mentioned:

www.washingtonpost.com

www.ft.com

www.bloomberg.com

www.sky.com/skynews/home

www.guardian.co.uk

www.timesonline.co.uk

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i would suggest sticking with the first article seeing as you've already developed what your going to talk about more than the other.

suggestions:

you can talk about law of supply and law of demand

relationship between supply and demand

what causes a shift of the demand/supply curve

equilibrium

hope this helps =)

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i would suggest sticking with the first article seeing as you've already developed what your going to talk about more than the other.

suggestions:

you can talk about law of supply and law of demand

relationship between supply and demand

what causes a shift of the demand/supply curve

equilibrium

hope this helps =)

'might I remind you that this is pretty basic stuff. Especially if you're HL, you want to write about something more difficult than this. Examiners will think you're trying to take the easy way out if you only do S&D. Try talking about possible externalities etc. This, however, is without seeing the article; I don't know if the article talks about possible externalities.

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