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The Principle of Comparative Statics in Housing Markets: Post-COVID Shifts in Urban Real Estate

The Principle of Comparative Statics examines the effects on a market due to a change in some exogenous (external) factor. COVID had a major impact on the housing market, shifting demand from central city properties to suburban homes (both home ownership and renting)....
4 min read
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Saddique Ansari • January 17, 2020 • 2 min read

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PED Price elasticity of demand
PES Price elasticity of supply
World Trade Organisation Cross elasticity of demand
YED Income elasticity of demand
Costs Costs
Perfect competition Perfect competition
Monopolistic competition Monopolistic competition
Oligopoly Oligopoly
Primary markets Primary markets
Externalities Externalities
Natural_monopoly Natural monopoly
AD-AS AD-AS model
Circular-flow Circular flow
Customs Customs unions
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Crop yields in agriculture were one of the first areas of study in the field of economics.

Diminishing Marginal Returns in Agricultural Technology: A Case Study of India’s Green Revolution

In the 1960s, India and other developing countries underwent a Green Revolution thanks to new innovations in chemical science and agricultural research. But crop yields cannot continue to grow forever!...
5 min read

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