Business

Overview
Reference Library

Study notes, videos, interactive activities and more!

Blog

Business news, insights and enrichment

Collections

Currated collections of free resources

Topics

Browse resources by topic

See what's new ›
All Business Resources

Student Resources

Assessment Resources

Teaching Resources
Resource Selections

Currated lists of resources
CPD Courses
Livestreams

In the News

Russia's Pain is Big Mac's Gain: Income Elasticity in Action

Jim Riley

27th January 2016

Share on Facebook
Share on Twitter
Share by Email

Russia's economy is firmly in recession, with household disposable incomes in decline. Who wins from this? Businesses whose products benefit by representing good value for money.

Share on Facebook
Share on Twitter
Share by Email

Business
Blog
In the News
Income elasticity of demand

Jim Riley

Jim co-founded tutor2u alongside his twin brother Geoff! Jim is a well-known Business writer and presenter as well as being one of the UK's leading educational technology entrepreneurs.