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Present data which shows the evolution of prices in that market over time. Try to describe any interesting movements or trends using the concepts covered

Present data which shows the evolution of prices in that market over time. Try to describe any interesting movements or trends using the concepts covered in the course.

  • For example, can you describe a sudden price jump by a cartel breaking apart, or by a demand shock? Or can you describe a gradual decline in prices by a gradual change in consumer tastes?
  • A good source of price data is the St Louis Fed: Link. There are many other sources online.

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