sixseven. (:: July 2007
All the times we spent together...
Wednesday, 25 July 2007
saw this on smb and thought it may be good to post it here. (i'm so bored.) -yuanxin

Re: ILP question and instructions From: KELVIN TAN TUAN WEI 25-07-07
To: 07S67

Hi all,
Attached is the softcopy of the ILP instructions. To minimize admin costs, we shall stick to the same groupings which you had for the first ILP. (haha) Note that the score only contributes to class participation so for those of you who have hardly uttered a word or prepare much for tutorials, let this ILP be a chance for you to secure a good enough grade for that. Be ready to present it on Week 9. This week is week 5.

Regards, Mr Tan

here are the instructions i copied and pasted from the attachment
OBJECTIVES
· To investigate the market structure of a particular industry and the resultant behaviour of firms within the market, in terms of prices, possible profit levels and efficiency.
· To discuss the extent to which the structure of the industry and the behaviour of firms within it conforms to an economic model of the firm.

RESEARCH ACTIVITY (GROUP WORK)

Choose an industry you wish to investigate
1. Find out about the market structure of the industry based on the characteristics. For instance, how many firms are there in the industry? Do firms produce homogeneous or differentiated products and the range of products are sold? What barriers to entry and exit exist? Are firms interdependent? Is the aim of the firms to maximise profit?

2. Make observations about the nature and outcome of competition within the industry. For instance, are firms price-takers? Are prices similar? Can a firm price discriminate between different consumers? Is competition mainly price competition or is it based on other factors such as advertising or branding? Do firms earn supernormal profits? Are there recent cases of firms entering or leaving the industry and, if so, why did this occur? What do you think is the future prospect of the industry?

TIPS
You are likely to start your research in one of three ways.
· You might read an interesting newspaper or magazine article about a particular industry.
· You might have a personal interest in and knowledge of the products of a particular industry, for instance through part time job or a hobby.
· You may have a contact, such as a relative, working in the industry from whom you can gather preliminary information.

Gather information about the industry and the activities of firms within the industry. You may even want to obtain primary evidence by interviewing a company or an employee in the company in that industry.

STRUCTURING THE PRESENTATION
· Introduction to the industry you have selected
· Identify the market structure the industry belongs to.
· Analysis and evaluation - Outline the main features of the market structure of the industry you have chosen to investigate. Discuss the extent to which the structure of the industry or the behaviour of firms within it conforms to the economic model of the firm you have described, in terms of prices, possible profit levels and efficiency. You must support your findings with concrete evidences (data/figures).
· Outline the sources of information. What problems did you encounter in gathering relevant data? What data would you like to obtain but could not? To what extent were the data reliable?

INSTRUCTIONS
· Do this ILP in pairs or at most 3 per group.
· You are to present your findings to your class in a 5-minute presentation (of any form you would like – PowerPoint, video, etc).
· It will be graded and it contributes to your class participation points.

Presentations will take place in tutorials:
Term 3 Week ?

THAT'S ALL. BLAH. HAVE FUN MAN. (:
 the siao one from 67 (: 「 22:58 」
Monday, 16 July 2007
posting this on behalf of our ct rep!

bring your eom tmr if you've done it. i think she'll be going through eom or something.

-xinhui
 the siao one from 67 (: 「 21:27 」
Sunday, 15 July 2007
hello!
i realised the class blog is dying
the posts are mainly about class outings and assignments
so i shall post some pics of afwwwwica to try to make it more interesting :)
yay



Air Zimbabwe :)
Thank goodness it didnt crash or anything.
heard it was facing bankruptcy :/



A sign on the tree at some school we visited


The Endless road

This is where we slept/cooked/ate for the first 9 days :)


Africa aint as run down as we thought


And this is what we called obscenely rich.

House of landlord lady, where we had lunch one day.

much much much bigger than jeffrey's hse la


Yes, stark contrast.

Mural painting :)


So sweet!
67!

yay spot the rainbow!


GORGEOUS VIC FALLS

(darius: NOT force)



- Caryn

 the siao one from 67 (: 「 15:25 」
heyyy. (:

haha okay let's have a chalet at the end of the year. was reading up on the prices just now.

if we book a chalet at costa sands (pasir ris) from 1st-15th nov. we can get 2 single storey chalets for $316. if we book any time later it will be more expensive than that.

since the 1st week of nov may still have pw presentations, i was thinking some time from either 7-9 nov or 12-15 nov. yup. keep those days free! (:

btw, is anyone's parents ntuc club members? if we can get a member we'll be able to book it at $20 cheaper per chalet, which would equate to... $276. if about 20 people go everyone would need to pay around $15 bucks i guess. :/ which isn't that bad okay! beats paying $20+ if we have the chalet on other days.

yup so just decide between 7-9 or any 3 days between 12-15? mm.

-xinhui
 the siao one from 67 (: 「 11:36 」
Friday, 6 July 2007
Yoz. woot today is 6/7/07. So if u all can recall, our dear dino passed this piece of paper around the class long long ago, asking for ideas for top 50 things that make us 67. Most of it are thought of by the class during the passing around of tat paper but to make up the numbers, me and ostrich tot of some more guai lan stuff to put in. Well comments are welcome but i only wan positive ones. Lol jk. Erm, some traits might not apply to everyone, but tats the way its supposed to be.

You know you are from 67 when you....
  1. tend to pass notes around in lectures and scribble on them
  2. think you are as tall as chapteh
  3. think you are as white as Zhikai
  4. get AROUSED by economics
  5. waste time writing stuff on this paper
  6. stop to laugh at the first 5 points
  7. like drinking Milo Jiannan
  8. like wearing Fossil watches(double meaning. Lol)
  9. Keep saying got 必要 and shuabao
  10. get shouted at during econs lectures
  11. go to class bench every morning to copy elise’s homework
  12. turn up for tutorials 10 mins late
  13. 自high
  14. dao school activites
  15. called michelle charmaine
  16. think 67 is guailan
  17. favourite toys are tanks
  18. tell the welfare rep not to be stressed for his own welfare
  19. like birds that cant fly
  20. like almost extinct animals
  21. sing bdae song during lectures
  22. shout h.a.o.q.i.r.o.x.
  23. sleep anytime anywhere anyhow anywhy anywhat
  24. rather add points here than listen to lecture
  25. spend hours slapping each other
  26. wanna fly but end up banging your head
  27. enjoy singing out of tune(ok me only. Lol)
  28. think 中间 is imba lag to cold jokes
  29. think CARyn is also imba lag to cold jokes
  30. face is as flat as peck(hmm who added this…)
  31. think 0K is too hot for a pingween
  32. can ram like lennerd
  33. are as hot as yq, andy and (darius) [Ha I dunnoe why there is a bracket… but I jus copied it as it is. Ha]
  34. abuse yourself like the abused
  35. like shiny stuff like magpies
  36. injure your ankle in the holidays
  37. think caryn likes sneakers over snickers
  38. are as YOUNG as jiannan
  39. like to eat mian tuan
  40. love to eat donuts/sweet stuff
  41. favourite fairytale is nightmare before christmas
  42. look like a llama
  43. love 豆花
  44. think Joshua and ivan has long hair
  45. think STP is no punch
  46. have a name that is written extensively in 公函 (Eg. 素闻您一向从善如流…)
  47. apply all econs theory to toilet paper industry [Snoopy toilet paper demand dam inelastic la]
  48. sms random pple telling them there are no stars
  49. think zhengfa is a good way to skip exams
  50. survived a mass viral infection
  51. rather go for camps than study for blocks
  52. enjoy getting scammed into paying 2.50 for a tiny cup of ice-blended peach with 7-up
  53. totally ignored PW for entire June
  54. love to take pictures
  55. favourite game is tekken
  56. have imba high entropy
  57. rather read deathnote during lectures
  58. like cheapskate entertainment like free table soccer
  59. voted for dino when he ran for council[ u did rite? ]
  60. voted for dino when he ran for fac head[ u did rite?]
  61. love to watch magic tricks
  62. like outings with 5 people
  63. think we have the most imba teachers EVER.
  64. have an interesting family tree
  65. make crappy spelling mistakes (micrometer screwage anyone?)
  66. think this list rock
  67. think 67 totally rox

Woot. phew... Hope you guys enjoyed the list.... Ha. happy bdae 67! zzz Hmm i wonder if one's class has alphabets in it how do u celebrate its bdae ar? ha

zk really got shua la

 the siao one from 67 (: 「 20:24 」
hohoho.
first one to say,

HAPPY BIRTHDAY 67!

060707 (:


\theabused
 the siao one from 67 (: 「 00:16 」
Thursday, 5 July 2007
Ms Ng says during PW lesson every group has to report their project's progress, PW group leaders please get ready something to report to her.

-ben
 the siao one from 67 (: 「 16:54 」
Sunday, 1 July 2007
hey. haha okay i know i'm spamming the blog already. but anyway, let's have dinner on 6/7? yea.

um since most of us have ccas i think, we'll meet at 6.30pm-7. then we'll head to.. one of the following locations.

1A Tampines Street 92 #01-00 Safra Tampines
Blk 190 Toa Payoh Lorong 6 #03-512
Blk 87 Marine Parade Central #01-500 (2nd level)
Omni Theater Science Centre 21 Jurong Town Hall Rd
1 Pasir Ris Close #02-02 Downtown East
93A Clementi Road Clementiwood Park
321 Orchard Road Orchard Shopping Centre #02-01/06
Jurong West Sport Complex Jurong West St 93

er. most likely either toa payoh or orchard (or even clementi). since they're the nearer places to school. yup. just make it a point to stay for dinner after school/cca. do bring enough money though.


when: 6/7
meeting time: 6.30-7pm
meeting place: class bench
where: sakura
for what: celebrate class birthday.
price: $24 dollars.


um i know the price looks steep but. it's buffet and it's quite worth it la. plus it's just splurging on food once in a while. :P

OR

on second thoughts, there's no need to spend so much. maybe we can just go to pizza hut. (: there's an outlet at bukit timah plaza. not too far. so.. :D

-xinhui
 the siao one from 67 (: 「 21:46 」