Council for Economic Education
Econedlink: Elasticity of Demand Video and Quiz
This video teaches the concept of Elasticity of Demand. Price elasticity of demand is the way of measuring how much quantity demanded will change in response to a change in price. The website contains an interactive quiz and links for...
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: Income Elasticity of Demand
Practice what you've learned about income elasticity of demand in this four-question exercise.
Khan Academy
Khan Academy: Cross Price Elasticity of Demand
Practice what you've learned about cross-price elasticity of demand in this four-question exercise.
Council for Economic Education
Econedlink: Demand
This video teaches the concept of Demand. Demand refers to a relationship between price and the quantity of a good or service that consumers demand. The website contains an interactive quiz and links for related lesson plans.
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.
Robert Schenk, PhD
St. Josephs College: More Price Elasticity
This site explains price elasticity of supply. Includes graphs to represent the concept.
Curated OER
Price Elasticity of Demand
This site provides a great definition of "price elasticity of demand", along with formulas and examples. It also shows a perfectly elastic demand curve and a perfectly inelastic demand curve.
Curated OER
Price Elasticity of Demand
This site provides a great definition of "price elasticity of demand", along with formulas and examples. It also shows a perfectly elastic demand curve and a perfectly inelastic demand curve.
Khan Academy
Khan Academy: Price Elasticity of Supply and Its Determinants
Practice what you've learned about price elasticity of supply and the determinants of price elasticity of supply in this four-question exercise.
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.
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.
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