Breaks News Daily and Fresh News
Economics

Economics class video: Can winemakers adapt to local weather change?

Economics class video: Can winemakers adapt to climate change?


This text picked by a instructor with advised questions is a part of the Monetary Occasions free faculties entry programme. Particulars/registration right here.

Specification:

Click on to look at the brief video under after which reply the questions:

Video: Can winemakers adapt to local weather change?
  • Utilizing demand and provide evaluation, what is predicted to occur to the value of French wine in 2021 given the data within the video. Clarify your reply

  • Clarify the idea of comparative benefit and talk about how local weather change is disrupting the comparative benefit for international locations like Italy and the USA

  • Given the data within the video, is the typical world worth for wine more likely to enhance or lower by the 12 months 2050?

  • Utilizing the video and your personal information, talk about the value elasticity of provide for wine

Gavin Simpson and Pete Clift, Economics In Ten podcast



Supply hyperlink

Related posts

Met accused of ‘institutional corruption’ by inquiry into unsolved homicide

Breaks News

U.S. budget deficit jumps to record $1.7 trillion this year

Breaks News

Roaring ‘20s? For some it’ll be ‘Grapes of Wrath,’ top analyst warns

Breaks News

Leave a Comment

Stay Updated

Join The Buzz

Vivamus consectetuer hendrerit lacus. Vivamus quis mi. Nulla porta dolor. Duis arcu tortor, suscipit eget, imperdiet nec, imperdiet iaculis, ipsum. Praesent blandit laoreet.

Newsletter

Duis arcu tortor, suscipit eget, imperdiet nec, imperdiet iaculis, ipsum.