Archive for the ‘Market structure’ Category
Link: http://wwno.org/post/04192017-report-land-quarterly-profits-and-losses
Summary: In this marketplace podcast, they discuss the latest earnings of Yahoo, IBM and Volkswagen. Marketplace also introduces two cities that are changing; New York City and Pittsburgh. New York City is looking to disallow employers from asking candidates about past salary, and Pittsburgh is trying to shake the “Steel City” nickname for “Robo-burgh”.
Original Air Date: April 19, 2017
Length: 6 minutes 50 seconds
Link: https://www.marketplace.org/shows/marketplace-tech/04212017-mtech
Summary: After the failure of the S7, Samsung has released the S8 hoping to bait customers into switching from the iPhone. Marketplace introduces whether or not the S8 is ready to take over market share from the iPhone. They also introduce how using technology in Arizona has affected tourism.
Original Air Date: April 21, 2017
Length: 6 minutes 26 seconds
Discussion Question: Explain the market of tourism; who are the competitors? How is market share achieved? What role does technology play? Also, is there demand for Samsung, or are they too far behind on the iPhone?
Link: http://www.npr.org/sections/money/2016/01/06/462149561/episode-15-delicious-cake-futures
Summary: An elementary lunch room has more economics involved then one would think. Snacks are the currency, and the trading is of the food. In this story, Planet Money discusses how one kid developed a derivative for a cake, by trading for snacks now for a piece of the cake later.
Original Air Date: March 9, 2009
Length: 15 minutes 16 seconds
Link: https://www.marketplace.org/shows/marketplace-tech/2017-03-23
Summary: Technology has become increasingly present in various markets. ESports is an up and coming sports league that is centered around video games, and artificial intelligence involves uploading the human mind into a machine. These are two recent trends in the technology sector that Marketplace discusses in this podcast.
Original Air Date: March 23, 2017
Length: 7 minutes 12 seconds
Discussion Question: How does advancing technology impact jobs? What effect does it have on unemployment, if any at all?
Link: https://www.marketplace.org/2017/02/22/tech/3d-pen-kids-wins-best-toy-award-toy-fair-2017
Summary: Educational technology toys are a hot new trend in the toy market. One company, Bogue, introduced a new concept allowing kids to create their own toys through a 3-D printer. Marketplace introduces how Bogue is competing with giant toy companies.
Original Air Date: February 22, 2017
Length: 3 minutes 15 seconds
Discussion Question: What are some of the advantages and disadvantages Bogue has with creating a new category in the market? How does this impact competition?
Link: http://www.npr.org/sections/money/2016/12/14/505556945/episode-592-bell-wars
Summary: Bells are heard every year at Christmas time, but you would have a hard time distinguishing the difference between the two main companies who make them. Planet Money investigates how two bell companies were at war for decades over who’s bell sounded best. As the war affected the sales, engineering, and legal sides of the business, this fierce competition has an unlikely result.
Original Air Date: December 14, 2016
Length: 19 minutes 28 seconds
Link: https://www.marketplace.org/2017/03/27/tech/farmers-hack-their-equipment-evade-tractor-company-policies
Summary: Farmers are hacking into their own tractors in order to fix them, rather than pay for a dealer to fix it for them. Marketplace introduces this situation and explains why tractor owners aren’t satisfied with this developing market concentration in the repair market and what they hope to do about it. .
Original Air Date: March 27, 2017
Length: 3 minutes 2 seconds
Discussion Question: What impact does forcing tractor owners to go through dealers for repairs do for competition in the market? Who benefits from this system more, the owner or the dealer?
Link: http://www.npr.org/sections/money/2016/08/31/492123182/episode-722-the-new-telenovela
Summary: The fourth most watched network in the United States is Telemundo, partly because of its widely successful Telenovelas. Planet Money discusses how one Telenovela changed TV, implemented strong women characters and had a connection to the Mexican drug ring that helped bring down the infamous El Chapo.
Original Air Date: August 31, 2016
Length: 20 minutes 32 seconds
Link: http://www.npr.org/sections/money/2016/02/17/467108611/episode-684-the-return-of-the-colonel
Summary: Colonel Sanders passed away years ago, which began the strained relationship between KFC Corporate and the KFC Franchises. After a disastrous Oprah segment leading to a free giveaway, the relationship hit rock bottom. Planet Money discusses how re-introducing Colonel Sanders (the character), led to happier franchises and more sales for corporate.
Original Air Date: February 17, 2016
Length: 15 minutes 2 seconds
Link: http://www.npr.org/sections/money/2016/10/12/497697621/episode-627-the-miracle-apple
Summary: Years ago, the only classifications for apples was based on color: red, green or yellow. Planet Money discusses how one researcher from Minnesota changed the apple market by introducing an apple that was actually tasty for retail consumers.
Original Air Date: October 12, 2016
Length: 14 minutes 7 seconds
Discussion Question: By putting a patent or a trademark on a type of apple, how does that affect supply and demand? How does it affect competition in the market?