Thanks Mahesh , great help. It will help me a lot.
Regards
CA S Vijay Kumar
-----Original Message-----
From: AccessIndia [mailto:accessindia-boun...@accessindia.org.in] On Behalf
Of Mahesh Narasimhan
Sent: 06 October 2015 16:47
To: AccessIndia: a list for discussing accessibility and issues concerning
the disabled. <accessindia@accessindia.org.in>
Subject: Re: [AI] Article or research paper on elasticity of demand and
supply in oil sector
Hi Vijay,
I believe you mean the fossil fuel by oil sector and not edible oil sector.
I have not personally studied or focussed much on it but my inputs are
furnished below. You can elaborate on the same if you feel so.
1. Fossil Fuel or the crude oil has become an integral element in the growth
and development of any economy. Explain the point.
2. Try to extract inputs from the participants regarding fossil fuel and
their utility.
3. Try to introduce the concept of price elasticity and cross price
elasticity.
4. Try to establish the relationship between the automobiles and the fossil
fuel.
5. Develop the concept of relationship between automobiles, fossil fuel and
the price elasticities.
6. Find out the relationship in the short-run and long-run periods. In the
short-run, it would be relatively inelastic and in the long-run it would be
relatively elastic.
7. Till this level these concepts were of micro economics or managerial
economics. Now introduce the macro aspect to it. The OPEC, cartel, latest
being the breaking of the cartel to a certain degree, the net exports sector
etc.
8. Introduce the concepts of sustainability aspects, emission, global
warming, ecological foot print etc.
9. Conclude.
Hope it would help.
--
"Good friendship is like the relationship between eye & hand! If the hand
is hurt, the eye will cry! & when the eye cries, the hand will wipe the
tears"
With best regards,
Mahesh Narasimhan
Mobile: +91-9899353960
E-mail: maheshde...@gmail.com
Skype: maheshdel88
On 10/6/15, Vijay Kumar <ca.s.vijayku...@gmail.com> wrote:
> Greetings all of friends. I need some study material on above subject,
> does anybody have some info about it , I am preparing a lecture for
> non specialist students , please share.
>
> Regards
>
> CA S Vijay Kumar
>
>
>
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