"An economic analysis on the demand for live musical performances of st" by Marie Chona Cajayon Marciano

Date

4-2009

Degree

Bachelor of Science in Economics

College

College of Economics and Management (CEM)

Adviser/Committee Chair

Anna Floresca F. Abrina

Abstract

The general objective of this study was to analyze the demand for live musical performances of students in the University of the Philippines Los Baños (UPLB). Specifically, the study aimed to provide a profile of the live musical performance industry in UPLB, determine the factors affecting the demand of UPLB students for live musical performances, and estimate the relevant demand elasticities of live musical performances. The study found that the demand for live musical performances is significantly affected by average ticket price of concert tickets, the allowance of the individual and the individual’s previous consumption or attendance in live musical performances. Using the income and own-price elasticities, the study found that the demand for live musical performances in UPLB was inelastic. It was also found that concerts were normal goods for UPLB students.

Language

English

Call Number

LG 993.5 2009 E2 M373

Document Type

Thesis

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