Hafidh Posted November 14, 2014 Report Share Posted November 14, 2014 I've decided to start my Extended Essay with the topic of:"Impact of fuel subsdies on demand of MPVs in Indonesia" Background is that, fuel subsidies in Indonesia are decreasing - the prices of fuel are gradually rising, and I'll be investigating on how the higher prices of fuel may contribute to a change in the demand of MPVs (multi-purpose vehicles/minivans) in Indonesia. I'm thinking of applying the complementary good, determinants of demand, cross elasticity of demand (price of fuel affecting demand of cars) economic theories I'm just having doubts of what kind of economic theories I should apply as currently I find it lacking and is it still on-topic and relevant if I discuss and evaluate the fuel subsidy itself? - More cars means more pollution, etc. Still pretty much confused... Reply Link to post Share on other sites More sharing options...
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