Understanding how changes in demand affect market prices is fundamental within economics and yet, surprisingly, empirical evidence does not always support the standard theoretical predictions. Luke Garrod and Chris Wilson investigate and review some possible explanations
Published in
Economic ReviewVolume
32Issue
1Pages
12 - 15 (4)Citation
WILSON, C.M. and GARROD, L., 2014. When demand rises, do prices rise too? Economic Review, 32 (1), pp.12-15Publisher
© Hodder EducationVersion
AM (Accepted Manuscript)Publisher statement
This work is made available according to the conditions of the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) licence. Full details of this licence are available at: https://creativecommons.org/licenses/by-nc-nd/4.0/Publication date
2014Notes
This paper is made available here with kind permission of Philip Allan (for Hodder Education).ISBN
9781471800887ISSN
0265-0290Language
en
CC BY-NC-ND 4.0