Economics
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Student Videos
Markets in Action - Soaring Helium Prices
- Level:
- AS, A Level, IB, BTEC National, BTEC Tech Award
- Board:
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
Last updated 2 Nov 2020
Currently, there is a world-wide helium shortage, and helium prices have jumped over 150 percent in the last year. This is a great example of the forces of market supply and demand in action, so in this video we will apply some introductory level price theory analysis to the helium market. We’ll keep it simple, so please don’t have inflated expectations!
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