Marginal Analysis, Roller Coasters, Elasticity, and Van Gogh: Crash Course Econ #18

Marginal Analysis, Roller Coasters, Elasticity, and Van Gogh: Crash Course Econ #18

This week Jacob and Adriene teach you about marginal analysis, which you're using RIGHT NOW! The video is coming from inside the house! Or something. You'll learn how marginal analysis guides the decision making if cities, nations, companies, and amusement park enthusiasts. We'll also look at the idea of elasticity, and what people are willing to pay for certain stuff based on the supply.


User: CrashCourse

Views: 11

Uploaded: 2016-01-21

Duration: 11:33