Other
Microeconomics Chapter 6: Price Elasticity of Supply
Scrolling down towards the bottom of this site, there are equations, diagrams, and some general information concerning price elasticity of supply.
Khan Academy
Khan Academy: Price Elasticity of Demand and Price Elasticity of Supply
Quantities supplied and demanded react to changes in price. Learners will learn about price elasticity of demand and price elasticity of supply in this activity. This resource is designed for students who are taking a college-level...
Khan Academy
Khan Academy: Elasticity in the Long Run and Short Run
The elasticity of supply or demand can vary based on the length of time you care about. This resource is designed for students who are taking a college-level microeconomics course.
Tutor2u
Tutor2u: Income Elasticity of Demand
This site provides a detailed study of income elasticity, which is how one's demand changes as income changes. It also gives good examples of normal and inferior goods.
Khan Academy
Khan Academy: Determinants of Price Elasticity and the Total Revenue Rule
Practice what you've learned about the relationship between price elasticity of demand and total revenue in this exercise. This resource is designed as a review for the AP Microeconomics Test or a college-level microeconomics course.
Khan Academy
Khan Academy: Elasticity and Tax Revenue
Read about how elasticity affects tax revenue. This resource is designed for students who are taking a college-level microeconomics course.
Tutor2u
Tutor2u: Price Elasticity of Demand
An easy to understand description of "price elasticity of demand." Includes definitions, graphs, formulas, and examples of what kinds of goods may be elastic or inelastic.
Other
Economics of Health Care: Price Elasticity of Demand
This site provides a thorough analysis of the concept of elasticity, and uses an example in the health care industry.
Curated OER
Market Price: Supply & Demand
This site from Wood Green School Witney explains market price. It includes graphs related to supply and demand. The explanation deals with basic economic terms establishing equilibrium market price. The site is theoretical in nature and...
Robert Schenk, PhD
Cyber Economics
An incredible site! This is an interactive textbook that clearly and concisely covers any topic you can think of under both microeconomics and macroeconomics. Select "Table of Contents" to begin.
Khan Academy
Khan Academy: Lesson Overview Cross Price Elasticity/income Elasticity of Demand
In a previous lesson we learned about price elasticity of demand, but there are many other types of elasticity that measure how agents respond to variables other than the change in a good's price. Two of these are Cross Price Elasticity...
Khan Academy
Khan Academy: Elasticity in Areas Other Than Price
Elasticity also applies in labor markets and in financial capital markets.
Council for Economic Education
Econ Ed Link: Price Elasticity: From Tires to Toothpicks
Students gain an understanding of price elasticity of demand and why different goods have different degrees of elasticity. Students learn how to calculate price elasticity of goods.
Curated OER
Price Elasticity of Demand
A very easy to understand description of "price elasticity of demand". Includes definitions, graphs, formulas, and examples of what kinds of goods may be elastic or inelastic.
Curated OER
Price Elasticity of Demand
A very easy to understand description of "price elasticity of demand". Includes definitions, graphs, formulas, and examples of what kinds of goods may be elastic or inelastic.
Curated OER
Income Elasticity of Demand
This site provides a detailed study of income elasticity, which is how one's demand changes as income changes. It also gives good examples of normal and inferior goods.
Curated OER
Income Elasticity of Demand
This site provides a detailed study of income elasticity, which is how one's demand changes as income changes. It also gives good examples of normal and inferior goods.