Hello everyone, mình là Ngọc Vũ đây. Năm nay mình sẽ là Econ mentor cho khối AS-A Level môn Economics nhé, hi vọng mọi người sẽ giúp đỡ nhiều ạ. My goal this year: 9.0+ GPA, 3A or above A Level, for A2 Econ A* Input: 2 hours/ day

Today’s area witnesses the rapid rise of technology, and AI is gradually considered to replace humans. Some people believe that learning english is no longer necessary since AI is already a great tool for translating and communicating in multiple languages. But for many reasons, AI is still irreplaceable for learning english. First things first, we have to understand now that english has become a global language, things like education, businesses,jobs opportunities,... are all related to this language. Undoubtedly, AI has made communication more easier than ever for us. A simple demand and a few typed words can translate any language into english within seconds. However, learning a language is not just about translating words or remembering the vocabulary, is about developing our cognitive skills and enhancing cultural understanding. Studying english helps our brain to think in various ways, to analyze, to abstract ideas and thoughts to communicate them in a structured. The brain’s memory,problem-solving and cognitive flexibility skills are developed as we learn. Cultural differences are learned through humour, idioms, and social regulations which AI cannot replace. English learning gives a person a wide view and the ability to empathize with people from different countries. AI may translate the world accurately, but it cannot have the cultural value that people us accumulated over thousands of years of history. In general, AI definitely cannot replace the need to learn english. Rather than fear of replacement, we should embrace AI as a partner, a tool that helps us to enhance learning and embrace changes.

The article “Chocolate lovers, brace yourselves: Prices are rising, but not forever” by Jenni Reid (CNBC, August 22, 2025) discusses the recent surge in chocolate prices caused by harsh weather, pest outbreaks, and resource shortages in Africa, where 75% of the world’s cocoa is produced. Rising production costs and global inflation have further driven up prices, while the supply of cocoa remains inelastic due to limited suitable land and few producing countries like the Ivory Coast and Ghana. Despite high prices, demand for chocolate stays strong, showing price inelasticity on the demand side as well. However, prices might decline next year as cocoa production improves with better weather and maturing crops, though UK retail inflation and US trade policies could keep pressure on prices. Government intervention is not essential since chocolate is not a necessity, but producer countries might subsidise or support the industry if prices hurt competitiveness. The article suggests that investment and technological improvements would be a more effective long-term solution to increase cocoa supply and stabilise prices.

Have you ever wondered why milk is always at the back of a store? It’s actually not random at all! Supermarkets use smart strategies from behavioral economics to influence the amount we purchase. By placing essential items like milk or bread at the far end, stores make you walk past dozens of other products. This increases the chances of impulse buying. The placement of products on shelves also matters. Items at eye level sell the most because customers tend to look at that height first. Cheaper items are often placed lower or higher, making premium products that generate higher profits for stores seem more appealing. Here’s the kicker: this strategy is so effective that supermarkets can boost profits by 10 to 30 percent just by changing the layout, without adjusting any prices. Even small decisions, such as placing baskets near the entrance or the cashier counter, are meant to encourage larger spending. Economics isn’t just in finance or big-picture aspects like government decisions; it’s in the aisles of your local supermarket. Next time you go shopping, pay attention to the layout. You might leave with more than you planned, thanks to a tiny bit of economic tricks. By Dang Van Nga - 10IG2E2

Hiluu các babii, mình là khánh chi 11as2. Năm nay aim của mình là 9.7+ GPA, Full A môn AS, mong là chúng mình sẽ có nhiều thời gian học tập thật hiệu quả với nhau nhíii