but how do fluctuating levels of supply and demand affect the housing market? Professor Gabriel Ahlfeldt, Professor of Urban Economics and Land Development, and Dr Lois Liao, LSE Fellow in Real Estate ...
This means as the price of a good goes up, demand for it drops, all else being equal. This principle, along with the law of supply, forms one of the foundations of economics. Comparative advantage ...
Krishnamurthy Subramanian, Executive Director at the International Monetary Fund (IMF), explained the interesting concept of ...