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 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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