Home / Series / Crash Course Economics / Aired Order / Season 1 / Episode 18

Marginal Analysis, Roller Coasters, Elasticity, and Van Gogh

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. Why is a Van Gogh worth more than an OBEY poster? (hint: it's because they're still cranking out the OBEY posters, and Vincent is dead) All this and more on Crash Course Economics!

English
  • Originally Aired December 12, 2015
  • Runtime 10 minutes
  • Network YouTube
  • Created September 19, 2017 by
    Administrator admin
  • Modified September 19, 2017 by
    Administrator admin