Welcome to Some Sports Economics, a six-part video series explaining economic concepts through sport, by La Trobe University senior lecturer, Liam Lenten. Ever wondered why the AFL doesn’t charge more ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
Using the video, analyse at least two reasons for why there is so much demand for petrol in America Discuss the elasticity of demand for petrol in America from both a price and income point of view, ...
Consumer spending has held up relatively well so far despite inflation, but experts say we’re approaching an inflection point. WSJ’s Sharon Terlep explains the role 'elasticity' plays in a company’s ...
Using demand and supply analysis, explain what should happen to the price of CDs after 2000. Use the functions of the price mechanism to explain your answer Discuss the cross elasticity of demand for ...