Elasticity of Supply - The Supply of New Housing in the UK
- Levels: AS, A Level, IB
- Exam boards: AQA, Edexcel, OCR, IB, Eduqas, WJEC
In this short revision video we look at the data for new house-building in the UK and consider some of the reasons why price elasticity of supply is low in the short run.
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Geoff Riley
Geoff Riley FRSA has been teaching Economics for nearly thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
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