Grade Booster student workshops are back in cinemas for 2022. Learn more

Economics

Student Videos

Causes of Price Volatility

Level:
AS
Board:
AQA, Edexcel, OCR, IB, Eduqas, WJEC

This short revision video looks at some of the causes of price volatility that we see in many commodity markets around the world. The examples of price volatility in sugar and in crude oil are used as applied examples and the significance of low price elasticity of demand and low price elasticity of supply is emphasised when drawing the relevant analysis diagrams.

Causes of Price Volatility

Boston House,
214 High Street,
Boston Spa,
West Yorkshire,
LS23 6AD

Tel: +44 0844 800 0085

© 2022 Tutor2u Limited. Company Reg no: 04489574. VAT reg no 816865400.