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Mining Demand And Supply Data With Methods Of Economic Statistics

Published on Dec 01, 20141876 Views

This paper presents a data mining approach for demand and supply data arising from economic statistics. It is based on demand and supply functions with different types of price elasticities, whi

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Chapter list

Mining Demand and Supply Data with Methods of Economic Statistics00:00
Demand and Supply Curves00:00
Price Elasticity01:31
Special Types of Price Elasticity - 102:23
Special Types of Price Elasticity - 203:05
Demand and Supply Curves03:30
Directly proportional price elasticity04:19
Linear price elasticity - 104:42
Linear price elasticity - 205:08
U.S. Oil Imports Data - 105:17
U.S. Oil Imports Data - 205:53
Data Mining Approach - 106:51
Data Mining Approach - 207:44
Findings08:11
Data Mining Approach - 309:35
Data Mining Approach - 410:45
Conclusions11:44