Here is a mindmap for Chapter 29 -The Balance of Payments and Foreign Exchange.
Remember all Mindmaps are in pdf format.
Archive for May, 2008
MindMap for Balance of Payments
Published May 24, 2008 Economics 0 CommentsTags: balance of payments, foreign exchange, mindmap
Exam Classes
Published May 23, 2008 Accounting , Business Studies , Economics 0 CommentsTags: exams
Good luck to all those doing Junior Certificate Business Studies and Leaving Certificate Accounting, Business and Economics.
I will post some more mindmaps for the Balance of Payments before Monday.
Don’t forget you can email me (mrhannon at geralds dot ie) if you have any questions up to the day of the exam. Maybe post a comment after the exam as well. Just click on Comments at the top of this post.
The winner of this module’s stock competition for the 4A6 class is Kenneth Neary. Kenneth made a profit of €9,813.93 from the four stocks in his portfolio. Again, this is an excellent return of 9.8% in a short period of time and taking into account the current volatility in stock markets. Kenneth selected the following stocks for his portfolio:
- Microsoft (NYSE: MSFT)
- Apple (NYSE: AAPL)
- Progenics Pharmaceuticals (NYSE: PGNX)
- Take Two Interactive (NYSE: TTWO)
Here’s a MindMap for Chapter 22 on The Banking System.
Remember that all MindMaps on the blog are in pdf format so you will Adobe Reader to view the files.
Well done to Brian Byrne on winning the 4A3 Stock Competition. His winning portfolio showed a return of €7,335.14 in just over two weeks - a great return given the current stock market performance. Over 80% of students that entered the competition made a profit.
How the competition works:
Students were given €100,000 to invest in shares on any stock market. The portfolio could only contain a maximum of five stocks and a minimum of three. The maximum investment per stock was €40,000 and the minimum per stock was €5,000. Exchange rates were fixed for the duration of the competition and no trading of shares was allowed during the competition.
The winner of the 4A6 Stock Competition will be declared on Wednesday May 21st.
This video explains Price Elasticity of Demand.
Computers go on sale in Cuba for the first time
Published May 6, 2008 Economics 0 CommentsTags: cuba, economy
Cuba’s economy continues to move away from being centrally planned to a more free market economy. Computers went on sale in Cuba for the first time last week. Cubans can now also use mobile phones, buy DVD players and access luxury hotels for the first time.
He bet on the credit crisis - and made $3.7bn
Published May 3, 2008 Economics , Stock Market 0 CommentsTags: subprime crisis
We have all heard of the “credit crisis”, the “subprime crisis” or the “credit crunch” this year. Banks have lost billions and stock markets have fallen, However, not everyone has lost money. One individual did predict the credit crisis and has made a huge profit.
He is John Paulson, a previously obscure hedge fund manager from New York, who took home $3.7bn (£1.9bn) last year, after betting on a calamity in the mortgage market.
