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.
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.