Curated Video
Interrelationships Between Markets
This video discusses the interrelationship between different markets and how changes in one market can affect others. The video covers five key issues related to interrelationship, joint demand, competing demand, composite demand,...
Curated Video
Understanding Demand: Factors Affecting Quantity Demanded
This is a lecture presentation on demand, explaining the technical connotations of the word and how it relates to pricing and consumer behavior. The presenter uses the example of a Peugeot car to demonstrate the relationship between...
Curated Video
Introduction to Cross Elasticity of Demand and Classification of Substitute and Complementary Goods
This video introduces the concept of cross elasticity of demand, which is the measure of how changes in the market for one product can have an impact on the market for a different product. The video explains how economists use cross...