In the News

Thirst for Coffee Brews Chronic Supply Shortage

9th February 2016

Share this content:

Elementary demand and supply factors at play here: there's the prospect of higher coffee prices. Changing consumer tastes, as artisan coffee houses become the norm in cities such as London, mean that demand is increasing at the same time that supply is falling as a result of a drought in Brazil and farmers leaving the industry to work in urban areas. And rising market demand and falling supply have fairly straightforward implications for price. Will drinking flat white soon become as expensive as ordering a glass of house white?

Share this content:

Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.

Explore

More for students

Teaching Economics

Thirst for Coffee Brews Chronic Supply Shortage

Graham Watson

You might also like

Mastering the Market: Decoding the Supply Curve and its Determinants

In the News Teaching Activity – How is climate change affecting the tea market? (May 2026)

Micro Case Study: Ofgem and Price Caps

In the News Teaching Activity – Why are NCP car parks going out of business? (Mar 2026)

In the News Teaching Activity – Toy sales are rising (Nov 2025)

In the News Teaching Activity – Why did the French pour wine away this season? (Oct 2025)

In the News Teaching Activity – Rising chocolate prices are contributing to inflation in UK (June 2025)

Price Elastic Supply Explained | A-Level Economics

Explore

More for students

Subjects

Quick links

Student events & courses

Teaching Economics

Thirst for Coffee Brews Chronic Supply Shortage

Graham Watson

You might also like