IA (Eco) IA Draft Help!

[nunostreet]

Hello guys, I was given this article (http://www.bbc.com/news/health-29175088) to write my Microeconomics IA on, and I need some help in turning this article into a economics commentary. any suggestions of what i should talk about here? thanks!

[Nya.]

You could talk about how the demand for cars decreases when more people will go by bike and how this will have an effect on the car industry. But you could also talk about how the demand for bikes will increase.

Hope this will help you!

[anniehilator]

You could possibly discuss something associated with demand/the determinants of demand for cars and/or public transportation. For example, the article mentions how policies are encouraging people to leave their cars at home for the sake of their wellbeing, so you could touch on how this may have an impact on/decrease the demand for cars overall. In turn, the demand for substitute transportation services, such as busses or rail etc is likely to rise.

Edited November 17, 2014 by anniehilator

[King112]

You could possibly discuss something associated with demand/the determinants of demand for cars and/or public transportation. For example, the article mentions how policies are encouraging people to leave their cars at home for the sake of their wellbeing, so you could touch on how this may have an impact on/decrease the demand for cars overall. In turn, the demand for substitute transportation services, such as busses or rail etc is likely to rise.

In addition, you can talk about positive or negative externalities with biking, for the society. And maybe about the Marginal Social cost or Benefit.

I also think it is worth talking about stuff like how this stuff can help the whole economy, like people's ability to work etc.

Hope I helped