The Dark Knight movie actually delivers some economics practice in it. Two things explained in the video above by ACDCLeadership are about Oligopoly and Game Theory. Hopefully, this video can help us to get better understanding of these two terms in economics. Enjoy the video!
According to
International Data Corporation (IDC)’s latest report, despite the whole Galaxy
Note 7 fiasco last year, Samsung remains
as the top smartphone brand in Malaysia.
OPPO and Huawei takes second
and third spot respectively, to make up the top 3 brands that took up more than
50% of the Malaysian market share in 2016.
Compared to 2015, smartphone
shipments in Malaysia had dropped by 5.9%. This could be due to various
negative economic factors, which included the weakening of Malaysian Ringgit
against the US Dollar, as well as the rising costs of living in Malaysia.
While smartphone shipments
were generally on a decline on a yearly basis, in the last 3 months of 2016,
smartphone shipments picked up.
Samsung took first spot, taking up 32.8% of the
market share, followed by Apple (13.1%)
and OPPO (10.9%). Huawei and Asus filled
up the fourth and fifth spot with 8.2% and 7.7% market shares respectively.
Samsung
maintained its lead while selling 77.2% more phones than the same period in
2015. IDC attributed Samsung’s success to the popularity of its Galaxy J series which
jives well with the budget conscious crowd.
Apple’s launch of the iPhone 7 and 7 Plus in
mid-October caused a spike in their market share in the last quarter.
Rounding
up the Top 3, OPPO made the largest growth in the fourth quarter, by having a
109.3% increase of market share over the same period in 2015, which IDC
attributed to its marketing initiatives, focusing on few key products like
the F1 series,
which gained a large following among the selfie generation.
Huawei remained
solidly on 4th place in 2016Q4, with its Huawei P9 series
remaining popular despite being almost a year into its release, while ASUS
dropped to 5th place for the same period of time.
Looking at 2016 as an overall,
Samsung remained the best selling
smartphone brand,with 34.3% market share, selling a total of over 3 million
smartphones with a steady 17.2% growth.
OPPO, the surprise entrant
securing second place by took up 10.2% market share, selling 916,000 smartphones in 2016, with the highest growth of 66.8!
Huawei sold 852,000 smartphones in 2016,
taking third place with 9.7% market share. ASUS, which shipped considerably
less smartphones compared to the previous year, is placed fourth with 9.6%
market share, a drop of 43.3% compared to 2015. This is partly due to its
latest range of ZenFone 3 having
higher price tags, which, whilst making a marked improvement over its
predecessor, is probably priced a little higher compared to the more budget
friendly ZenFone 2 which was released in 2015. Making up the Top 5 brands would
be Apple at fifth spot with 8.1% of total market share.
Huawei sold 852,000 smartphones in 2016, taking third place with 9.7% market share. ASUS, which shipped considerably less smartphones compared to the previous year, is placed fourth with 9.6% market share, a drop of 43.3% compared to 2015. This is partly due to its latest range of ZenFone 3 having higher price tags, which, whilst making a marked improvement over its predecessor, is probably priced a little higher compared to the more budget friendly ZenFone 2 which was released in 2015. Making up the Top 5 brands would be Apple at fifth spot with 8.1% of total market share.
Study Economics and learn
about economic theory, develop your skills of logical thinking and pick up some
great interpersonal skills along the way!
Economics applies to most
aspects of everyday life. By studying economics you will examine topics of
obvious importance to human well-being. Economics is applicable in a wide range
of fields, including:
•
Business
•
Administration
•
Law
•
Local and national government
Increasingly, policy debate in
all areas is being cast in economic terms. Understanding most current issues
requires knowledge of economics.
Economics provides a valuable
set of intellectual skills
Economics is more than just a
subject it’s a way of thinking. It provides a logical way of looking at a
variety of issues.
Practise the analytical
techniques employed in economics and learn to develop your:
•
General literacy
•
Communication and numeracy
skills
•
Skills of abstraction
(balancing simplification against relevance)
•
Skills of logical deduction
•
Critical thinking
Studying Economics provides
insights into:
•
The general environment of
resource allocation decisions
•
Opportunity costs and
trade-offs
•
Project evaluation and
government policy
These are crucially important
in many areas. Often these insights are not obvious, and can be
counter-intuitive to those who don't apply economic reasoning.



