Tagged in: banner

Defining Affordable Housing in Waterloo

Written By: Natasha Kozak

The rental market is no stranger to the students of Waterloo, Ontario. Everywhere you look there are “for rent” signs in windows, and major housing corporations seem to be taking over, as there seem to be more high-rise student apartment buildings than geese on UW campus. Increasing availability of student housing is a positive thing, as it gives more options for incoming students. However, even though supply of housing is increasing, rental prices are increasing as well. How is this so? Given the basics of supply and demand this phenomenon seems to defy economics. In this article we will look at the discrepancy in rental rates between landlords and tenants and tenant sublets. We will then explore reasons for this discrepancy, and pinpoint who is absorbing the deadweight loss (which, as any student of economics would know, is a less-than-pareto optimal position in which to be).

Continue reading…

How Does COVID-19 Impact All Aspect of Life

Written by: Irina Chen

A global epidemic named coronavirus (also known as COVID-19), first appeared in China in early January. As of March 27th, the virus has infected approximately 590,000 and killed at least 27,000 people worldwide. Schools and businesses have been forced to shut down. The global economy has become unimaginably fragile in recent months. In this article, two aspects, economics and education, are discussed concerning the impact of COVID-19 to humankind.

Continue reading…

Understanding ageing population and how it can impact an economy

Written by: Hammad Mirza

What is Populating Ageing?

To understand ageing from a macroeconomic perspective, it is important to differentiate between the ageing of individuals and the ageing of populations. Interest in the ageing of individuals focuses on survival and longevity (i.e. life expectancy within a country), which make ageing a function solely of changes in death rates.

Continue reading…

Mechanisms of the Digital Transformation; A Cause for Policy Reform

Written by: Mitchell Lowery

In all my experience working in the field of economics (admittedly not within the same context as this article), there have been two things that have fascinated me the most. The first – which I will not discuss any further – is trade, and the second is a phenomenon known as the digital transformation. It was only once realizing the magnitude of its transformative effects on the global economy that I began to take an interest. Its ramifications are ubiquitous throughout society and cause for widespread policy reform.

Continue reading…