Thursday, June 23, 2011

Topic 3: Introduction to Welfare and Elasticity



Another explanation, suggested by Khoi:











For the Income Elasticity of Demand, please click HERE. I cannot embed this video because embedding is disabled for this video.










For the Cross Elasticity of Demand, please click HERE. I cannot embed this video because embedding is disabled for this video.
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2 comments:

  1. Phạm Viết Ngọc KhôiJune 29, 2011 at 4:39 AM

    Text book is good but can't compare to these explanation.
    http://www.youtube.com/watch?v=Io822YgRfJo
    I think this video plus the one you embed in the CS & PS would help even better understanding.

    ReplyDelete
  2. Ali Rıza ArıcanJune 29, 2011 at 7:16 AM

    Thanks Khoi,

    Maybe I should embed that video too. If it is helpful to you, it can be helpful to everyone.

    ReplyDelete

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