#theme3micro search results
Rising costs and falling demand - great chance to use a cost and revenue diagram to illustrate how narrow profits can turn into losses at least in the short term. #theme3micro
Doing a little prep on alternatives to profit max for a revision session - for context, looking at profit data for a selection of businesses & industries. Impact of pandemic on global airlines clear to see. #theme3micro
Thus far, 2022 has been a good year for occupancy rates in UK hotels. Our chart shows monthly rates which peaked at 83% in July. Naturally, there are fears of the impact of a recession on demand for hotel rooms from business and leisure customers alike. #theme3micro
Gold dust for #theme3micro as Musk completes the acquisition of Twitter. These are early days, but the CEO and CFO have been fired as Musk starts to impose himself. He seems likely to assume the role of CEO for the time being.
Good example of another business investing in the technology needed to trial surge pricing. theguardian.com/food/2024/feb/… #theme3micro
I'll include a look at AstraZeneca's pricing decisions - gradually moving away from the not-for-profit deals signed in the early stages of the pandemic. #theme3micro bbc.co.uk/news/business-…
Great example of here of a business persuing an aggressive organic growth strategy. Mountain Warehouse had been helped by the closure of Topshop and Wilko stores which has made extra retail space available at attractive rents. #theme3micro #businessgrowth #retailing
Neat bit of retail game theory #theme3micro
Lunchtime meal deals in the UK still universally £3 despite the soaring cost of absolutely everything. Every supermarket in the country waiting for one of them to blink and bump it to £4. The real cold war, this.
Economies of scale #theme3micro
10 February 2022 Giga Texas 360-degree flight around the main building area! This is a 1080 version of the flight around the main area sped up. Original 4K version is on my YouTube channel.
Reminder of a new revision video #theme3micro
NEW VIDEO: Zombie Firms tutor2u.net/economics/refe… via @tutor2u
The ultimate example of the Hotelling Model and product differentiation #theme3micro
Economics enjoying the full Portobello Road dining experience.
Barriers to entry? Barriers to contestability? The rest of this thread gets darker! #theme3micro
Want to open a coffee shop in San Francisco? That's only legal in the green areas. And even then, you'll need to go through a year-long permitting process and spend over $100,000.
Dynamic efficiency and economies of scale. The shift towards vertical farming continues. ‘It’s not as carbon-hungry’: UK’s largest sunlit vertical farm begins harvest theguardian.com/environment/20… #theme3micro #theme1micro
Brilliant assessment of market & regulatory / government failures in the energy sector. The rotten UK energy market is expensive and difficult to fix ft.com/content/0dc34e… 3% hit to disposable incomes from energy price hikes equivalent to the effects of a recession #theme3micro
Creative destruction, default bias, information economics, dark markets - lots of applied micro here for #theme3micro
The start-ups trying to kill the password on.ft.com/3zGD6Dx
Four more UK energy suppliers collapse ft.com/content/366623… some of these firms had just a few thousand customers - they had little or no hope of surviving in such turbulent market conditions #theme3micro
Superb #theme3micro applied example - Heathrow gets regulatory approval to raise their landing charges from £22 per passenger. Monopoly power in action? Heathrow's fixed costs. Airlines passing on to consumers and much more besides ft.com/content/d728ea…
Good enrichment article for #theme3micro - Battles over patents can be productive ft.com/content/0fc8ea…
Fascinating read on the leadership challenges of reinventing a traditional industry - The Modern Milkman, founded in 2018, and DairyDrop provide competition to Milk and More ft.com/content/e6e20f… superb context for #theme3micro
Great example of derived demand and nature of fixed/variable costs. Royal Mail currently has the largest van delivery fleet in UK, including 40,000 vans. Royal Mail will now source more local vehicles to lease, to meet seasonal surge in demand #theme3micro chargedretail.co.uk/2021/12/07/roy…
Good example of another business investing in the technology needed to trial surge pricing. theguardian.com/food/2024/feb/… #theme3micro
Great example of here of a business persuing an aggressive organic growth strategy. Mountain Warehouse had been helped by the closure of Topshop and Wilko stores which has made extra retail space available at attractive rents. #theme3micro #businessgrowth #retailing
The ultimate example of the Hotelling Model and product differentiation #theme3micro
Economics enjoying the full Portobello Road dining experience.
Rising costs and falling demand - great chance to use a cost and revenue diagram to illustrate how narrow profits can turn into losses at least in the short term. #theme3micro
Thus far, 2022 has been a good year for occupancy rates in UK hotels. Our chart shows monthly rates which peaked at 83% in July. Naturally, there are fears of the impact of a recession on demand for hotel rooms from business and leisure customers alike. #theme3micro
Gold dust for #theme3micro as Musk completes the acquisition of Twitter. These are early days, but the CEO and CFO have been fired as Musk starts to impose himself. He seems likely to assume the role of CEO for the time being.
Economies of scale #theme3micro
10 February 2022 Giga Texas 360-degree flight around the main building area! This is a 1080 version of the flight around the main area sped up. Original 4K version is on my YouTube channel.
Brilliant assessment of market & regulatory / government failures in the energy sector. The rotten UK energy market is expensive and difficult to fix ft.com/content/0dc34e… 3% hit to disposable incomes from energy price hikes equivalent to the effects of a recession #theme3micro
Barriers to entry? Barriers to contestability? The rest of this thread gets darker! #theme3micro
Want to open a coffee shop in San Francisco? That's only legal in the green areas. And even then, you'll need to go through a year-long permitting process and spend over $100,000.
I'll include a look at AstraZeneca's pricing decisions - gradually moving away from the not-for-profit deals signed in the early stages of the pandemic. #theme3micro bbc.co.uk/news/business-…
Doing a little prep on alternatives to profit max for a revision session - for context, looking at profit data for a selection of businesses & industries. Impact of pandemic on global airlines clear to see. #theme3micro
Good enrichment article for #theme3micro - Battles over patents can be productive ft.com/content/0fc8ea…
Terrific example for #theme3micro - Horizontal Integration - National Express seals takeover of rival Stagecoach tutor2u.net/economics/blog…
Great example of derived demand and nature of fixed/variable costs. Royal Mail currently has the largest van delivery fleet in UK, including 40,000 vans. Royal Mail will now source more local vehicles to lease, to meet seasonal surge in demand #theme3micro chargedretail.co.uk/2021/12/07/roy…
First in a new FT series Where did all the workers go? ft.com/content/3cff02… potentially huge implications for the labour market and wages / inflationary pressures. Good read for #theme3micro and #theme4macro #ukeconomy
Neat bit of retail game theory #theme3micro
Lunchtime meal deals in the UK still universally £3 despite the soaring cost of absolutely everything. Every supermarket in the country waiting for one of them to blink and bump it to £4. The real cold war, this.
Four more UK energy suppliers collapse ft.com/content/366623… some of these firms had just a few thousand customers - they had little or no hope of surviving in such turbulent market conditions #theme3micro
Potentially an increase in market contestability. Read more to apply concepts such as barriers to entry. Spanish train operator looks to provide Channel Tunnel service ft.com/content/ba9197… #theme3micro
ft.com
Spanish train operator looks to provide Channel Tunnel service
Renfe’s plan would lead to Eurostar facing first substantial rival on routes from London to continent
Reminder of a new revision video #theme3micro
NEW VIDEO: Zombie Firms tutor2u.net/economics/refe… via @tutor2u
We love a classic example of price discrimination and this is one! Boohoo operates a number of brands after buying up businesses when their owners fell into administration do some internal communication issues might be at play as well. #theme3micro
Good example of another business investing in the technology needed to trial surge pricing. theguardian.com/food/2024/feb/… #theme3micro
Rising costs and falling demand - great chance to use a cost and revenue diagram to illustrate how narrow profits can turn into losses at least in the short term. #theme3micro
Thus far, 2022 has been a good year for occupancy rates in UK hotels. Our chart shows monthly rates which peaked at 83% in July. Naturally, there are fears of the impact of a recession on demand for hotel rooms from business and leisure customers alike. #theme3micro
Doing a little prep on alternatives to profit max for a revision session - for context, looking at profit data for a selection of businesses & industries. Impact of pandemic on global airlines clear to see. #theme3micro
Gold dust for #theme3micro as Musk completes the acquisition of Twitter. These are early days, but the CEO and CFO have been fired as Musk starts to impose himself. He seems likely to assume the role of CEO for the time being.
I'll include a look at AstraZeneca's pricing decisions - gradually moving away from the not-for-profit deals signed in the early stages of the pandemic. #theme3micro bbc.co.uk/news/business-…
Great example of here of a business persuing an aggressive organic growth strategy. Mountain Warehouse had been helped by the closure of Topshop and Wilko stores which has made extra retail space available at attractive rents. #theme3micro #businessgrowth #retailing
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