S E11: Elasticity - What will you do when prices change?

Update: 2020-09-29

Description

When prices go up, buyers want less and sellers want more. But how much more? Economists Betsey Stevenson and Justin Wolfers discuss how responsive people are to price changes, and why.

Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.

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In Channel

Introducing: Think Like An Economist

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S E1: Why Should You Think Like an Economist?

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S E2: Core Principle 1 - The Cost-Benefit Principle - The Pros & Cons

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S E5: Core Principle 4 - The Interdependence Principle - No Decision is an Island

2020-08-1814:05

S E4: Core Principle 3 - The Marginal Principle - Just One More?

2020-08-1816:14

S E3: Core Principle 2 - The Opportunity Cost Principle - Or What?

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S E6: Is now the time to improve yourself?

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S E7: Juggling Work and Childcare During a Pandemic

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S E8: The Law of Demand - How You Choose to Buy

2020-09-0817:18