April 15, 2008 - 10:59 p.m.

Econs in your daily life.
"A good economics student applies economic concepts learnt in his or her daily life."

price discrimination: increasing number of restaurants have been seen offering students' meal at lower prices. This allows them to capture the consumption of students as students today are generally much richer than students of the past. Hence their marginal propensity to consume is higher compared to before as well. Offering student meals which are priced within the range of a student's budget, where students can pay just a little more than a fast food meal to enjoy better 'higher class' good in that sense. This makes it very attractive to the kids. List of student meals available:
Pizzahut
KFC
Macs
Jack's Place
Yoshinoya
Pastamania
Delifrance
Cartel
awesome eh, now they just need to add in a few more like mos burger, subway etc. Then we would have the entire j8 accounted for. This shows firms and shops are viewing students as a group of consumers with increasing importance where there is much potential revenue to be fleeced off, since the purchasing power of students is increasing with increasing standards of living in singapore. Haha what a lot of bullshit. Econs ftw. My secret? -> Econs remedial. Lol wth .__.

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