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Economics

In the News

​Vanilla Ice Cream and Elasticity

Gavin Simpson

15th April 2016

We've been warned that the price of vanilla ice-cream could rocket as bad harvests mean a shortage of vanilla pods. But as good economists will know, the key word is "could". So what are the factors that mean we might not see a price hike this summer?

Gavin Simpson

Gavin has been Head of Social Sciences for a number of years and enjoys the cut and thrust of the classroom environment. He enjoys attending Think Tank events to widen his knowledge further and encourages his students to do likewise.

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