Do increasing energy prices make you shiver? Find out why energy prices increased and what to do about it. Likely your electricity bill, prices at the gas station and the costs of heating your home increased significantly. This is related to the crude oil market and the COVID-19 pandemic. But how exactly? Find out in this episode.
Follow, like and subscribe if you want to stay informed about the economics affecting your daily life and check out my other episodes.
You want to give feedback? Send an email to: contact@economicsenthusiast.com
Looking for references and transcripts? Check www.economicsenthusiast.com
Economic concepts: demand and supply, elasticity of demand, production factors, goods prices, OPEC, necessities, demand shock, inelastic demand
Welcome to Economics with Examples – where economics is explained simple and concise using relevant real-world examples.
In this episode the podcast is introduced giving you information about the structure and content of the following episodes.
Did you know that airlines charge less if you stay over the weekend? Paying a road toll is to your benefit? Rent control leads to less affordable housing? These are just some questions that this podcast provides answers to. Further topics include global warming, climate change, international trade, multinationals, and globalization.
Listening to this podcast will make you a cleverer participant in your everyday life. Recommend this podcast to anyone who could use some economic education or is interested in exploring economics.
Follow, like and subscribe if you want to stay informed about the economics affecting your daily life and check out my other episodes!
You want to give feedback? Send an email to: contact@economicsenthusiast.com
Looking for references and transcripts? Check www.economicsenthusiast.com