Home > Blossary: Glossary for Principles of Macroeconomics/Microeconomics
Useful terms for students who major in economy or who learn Principles of Macroeconomics/Microeconomics (N. Gregory Mankiw)

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Created by: zzcgood

Number of Blossarys: 7

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The relative response of a change in demand to a relative change in the price of another good. More specifically the cross elasticity of demand can be defined as the percentage change in demand for one good due to a percentage change in the price of another good. The cross elasticity of demand quantitatively identifies the theoretical relationship between other prices and demand discussed by the other prices. This elasticity should be compared with price elasticity of demand and income elasticity of demand. You might want to check out elasticity for a little background.

Domain: Economy; Category: Economics

A resposta de uma mudança na demanda para uma mudança relativa no preço de outro bem. Mais especificamente a elasticidade cruzada da procura pode ser definida como a taxa de variação percentual da procura de uma boa devido a uma variação percentual no preço de outro bem. A elasticidade cruzada da procura quantitativamente identifica a relação teórica entre outros preços e demanda discutida pelos outros preços. Esta elasticidade deve ser comparada com elasticidade preço da demanda e elasticidade renda da demanda. Você pode querer verificar para fora a elasticidade para um pouco de fundo.

Domain: Economy; Category: Economics

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