Economics School-Based Assessment

Name: Kenville Jack

School: St. Martin Secondary school

Territory: St. Vincent and the Grenadines

Candidate Number:

Subject: Economics

School code:

Teacher: Mr. Hinds

Date Submitted:

Title: An investigation of the demand for internet

services at the St. Martins secondary school between the

period of February 18th 2014 to March 5th 2014.

Introduction

In 1996, Glass founded Kelcom International Limited with acquisition of

CATV license in St. Vincent & the Grenadines, trading as Karib Cable. In 2002,

due to telecommunications de-regularization throughout the OECS, new

opportunities became apparent. Karib Cable successfully negotiated its ISP

licenses in St. Vincent & the Grenadines and broadband internet service was

also launched.

LIME, an acronym for 'Landline, Internet, Mobile, Entertainment', is owned

by the British based Cable & Wireless Communications. The company formed

from the integrated businesses of Cable & Wireless in the Caribbean which

adopted the LIME name on 3rd of November 2008.

With people spending a lot of time accomplishing tasks and doing

researches, the internet has become very important to individuals nowadays.

Without the internet some individuals think that they cannot survive because

of how it is used to provide a variety of information and communication

facilities in order to get the work done quickly and/or enjoy one’s self with

family and friends. People are becoming very lazy and find it difficult to open

a book to find information, so instead they use the internet to gather the

information quickly. Businesses also use the internet to do market researches

and many other activities. The internet has basically any and every thing.

More than 50% of homes in St. Vincent and the Grenadines has internet

and for those that cannot afford the internet, the Government has provided

facilities to them.

With people wanting to send or receive emails, use search engine to

gather information, looking for hobby or interest on the web. I have decided

to do an investigation of the Internet Service industry within St. Vincent with

reference specifically to LIME and Karib Cable.

Acknowledgement

I would like to thank everyone who would have contributed to the

completion of this School-Based Assessment. First of all I would like to thank

God firstly for the opportunity to do such a project and also for the wisdom,

strength and understanding to complete this assignment. Other people who I

would like to thank are:

My Economics teacher for his constant advices and willingness to help.

All those who answered the questionnaires distributed.

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My family for helping and supporting me during the execution of this

project.

Objectives of research

The aims of this investigation are:

1. To establish the type of relationship there is between price and

quantity demanded for internet service at LIME and Karib Cable. 2. To examine of the principal factors affecting the demand of LIME and

Karib Cable.3. To examine the price elasticity of demand of internet service at LIME

and Karib Cable.4. To determine whose internet service can mainly be found in form 5 of

the St. Martins secondary school.5. To briefly examine the market structure for internet service in St.

Vincent.6. To briefly examine the market conditions affecting the supply of

internet service at LIME and Karib Cable in St Martin’s secondary

school.

Method: The SBA was conducted at the St. Martin’s secondary school.

Primary Sources:

1. Questionnaire: Twenty questionnaires were shared out to students in

form 5 of the St. Martin’s secondary school.2. Interview: The managers of LIME and Karib Cable were interviewed to

obtain information such as how they attract customers to their

business.

Secondary Sources:

1. Textbooks: Economics textbooks were used to have a clear

understanding of the Laws of Demand and Supply.2. Internet: The websites listed in the bibliography were used to further

clarify economic concepts to enhance the school-based assessment.

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Presentation and Explanation of data

Question 1: All of the students have access to the internet in their homes.

Students who have internet at their homes:

Do you have access to the internetat your home? # of students

Yes 20

No 0

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10

2

4

6

8

10

12

14

16

18

20

Comparision of those students who have internet and those who do not

Question 2: 60% of these students internet service provider is LIME while the other 40% internet service

provider is Karib Cable.

Students Internet Service Providers:

Internet service providers # of students

LIME 12

Karib Cable 8

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LIME; 60%

Karib Cable; 40%

Students Intenet Service Providers

Question 3: Out of the 20 students, most of them said that their parents pay for the internet while the

other students said that their grandparents pay for the internet.

Who pays for the internet? Results

Myself 0

Parents 16

Grandparent(s) 4

Other 0

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80%

20%

The payer for the internet

Myself Parents Grandparents Other

Question 4: All of the students said that the person who pays for the internet at their home currently has a

job.

Does the person who pays for the internet have a job? Results

Yes 20

No 0

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Yes No

0

5

10

15

20

25

# of Persons who have Jobs

Question 5: 20% of the students said that the person who pays for the internet is a part-time employee

while the remaining 80% said that the person is a full-time employee.

The person who pays for the internet a:

Part-Time employee 4

Full-Time employee 16

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Part-Time Full-Time0

2

4

6

8

10

12

14

16

# of Part-Time and Full-Time employees

Question 6: 16 students said that the person who pays for their internet occupational classification is

white collar while the other 4 said its blue collar.

occupational classifications # of students who checked it

white collar 16

blue collar 4

# of persons with their occupational classifications

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white collar blue collar0

2

4

6

8

10

12

14

16

18

Question 7: 90% of the students said that they use the internet for social networking while the remaining

10% said that they use it for information.

What do you use the internet mostly for? # of students

Information 2

Social network 18

Marketing 0

Communication 0

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