Topic Videos
Markets in Action - Soaring Helium Prices
- Level:
- AS, A-Level, IB, BTEC National, BTEC Tech Award
- Board:
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
Last updated 2 Nov 2020
Currently, there is a world-wide helium shortage, and helium prices have jumped over 150 percent in the last year. This is a great example of the forces of market supply and demand in action, so in this video we will apply some introductory level price theory analysis to the helium market. We’ll keep it simple, so please don’t have inflated expectations!
You might also like
Will OPEC cut production to curb the declining price of oil?
26th November 2014
Economics of Falling Milk Prices
11th August 2015
Interactive Oil Supply Curves
26th January 2016
Market Prices in Action (MCQ Revision Question)
Topic Videos
Spare ribs? China to tap pork reserves as swine fever hits industry
19th September 2019
Introduction to Subsidies (Online Lesson)
Online Lessons
Pigouvian Taxes - Beyond Meat boss backs tax on meat consumption
3rd August 2021
IB Economics - The Law of Demand
Study Notes
Daily Email Updates
Subscribe to our daily digest and get the day’s content delivered fresh to your inbox every morning at 7am.
Signup for emails