Why do we demand more of certain goods & services when are money goes up? Why does the change of price change our interests in that good/service? I discuss some basic economic theory in this weeks episode which relates to our everyday life.

> What is price elasticity?

> What is the difference between elasticity & inelasticity?

> Examples of price elastic & inelastic goods

> What is a normal good?

> What is a luxury good?

> What is a giffen good?

> What is a complimentary good?

> What is a substitute good?

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Shout outs:

BOLA SOL SHOW

https://t.co/1jOH6kAUB4 - Tickets to the live show 10th February 2018

@Bola_Sol - Twitter

www.youtube.com/BolaSol

@RefinedCurrency - Twitter

www.refinedcurrency.co.uk

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