Giffen Good: Substitution Effect and Income Effect of Price Change

An explanation of a Giffen good as it relates to substitution and income effects.

If this video helps, please consider a donation: https://www.paypal.com/cgi-bin/webscr...

• #education
• #what_is_a_giffen_good
• #upward_sloping_demand_curve
• #income_and_substitution_effect_of_giffen_good
• #explain_giffen_good