Curated OER
Price Elasticity of Demand
A series of economic activities should keep your class busy for a while. Six different worksheets review the concepts of price elasticity, demand, and U.S. economics. Multiple real-world applications and scenarios house each of the ten...
Curated OER
Price Elasticity of Demand
For this economics worksheet, students respond to 15 fill and the blank and multiple choice questions about price elasticity of demand.
Curated OER
What is the Price Elasticity of Demand?
In this economics worksheet, students read a brief article regarding the price elasticity of demand and determine whether 6 items have prices that are elastic or inelastic and explain the reasons for each answer.
Curated OER
Chapter 20: Demand and Supply (Elasticities and Government-Set Prices)
Discussing first the elasticity of demand and then the element of supply, these slides present graphs and bullet points that would easily supplement your economics lecture. Viewers will appreciate the pacing of the slides, making it easy...
Curated OER
Elasticity Coefficients
In this Elasticity Coefficients worksheet, students read background, analyze sample problems (formulas and equations), solve their own problems, and answer questions.
Curated OER
Elasticity Worksheet
In this economics worksheet, students use their problem solving skills to respond to 8 short answer questions about price elasticity.
Curated OER
Economics: Elasticity of Prices
Students discover the elasticity concepts of price, income, cross elasticity, and elasticity of supply. They apply this knowledge to an activity about Britain's Birmingham Northern Relief Road.
College Board
2009 AP® Microeconomics Free-Response Questions Form B
Two transportation companies must decide the best way to compete. How will that decision affect their prices? Using College Board materials, future test takers examine the problem and think critically to solve it. Other prompts examine...
Curated OER
Elasticity
Students are introduced to the topic of elasticity. As a class, they identify demand as being either price elastic or price inelastic when given examples. They discover the relationship between percentage changes in the quantity sold...
Council for Economic Education
What's the Big Deal about Spices?
Today's gourmands don't consider spices to be the equivalent of silver and gold. During the middle ages, however, these commodities were precious. People back then used spices in religious ceremonies, to cure rotten food, and as a show...
Curated OER
Price Elasticity of Demand (PED)
In this economics activity, students respond to 18 short answer and problem solving questions regarding the concept of elasticity.
Federal Reserve Bank
Higher Gasoline Prices: Temporary or Time to Buy a Hybrid?
Gasoline prices garner a lot of attention in the United States. What can explain a temporary decline in gasoline consumption, and how do gasoline prices spur innovation in the energy and automotive industries?
Curated OER
Price Controls: Prescribed Drugs in North America
High schoolers examine the nature of price controls, the impact of maximum prices below the equilibrium level on a market, the effect it can have on other markets, the requirements for effective price discrimination in a market, and the...
Curated OER
Microeconomics Study Guide, Section II: Elasticities
In this economics worksheet, students define elasticity, calculate ranges of elasticity, and label diagrams pertaining to the concept of elasticity.
College Board
2016 AP® Microeconomics Free-Response Questions
How can a bakery—one of several in town—maximize its profits? A case study from College Board asks scholars to consider the question. Other practice queries examine the price and benefits of buying certain goods for one consumer and look...
College Board
2005 AP® Microeconomics Free-Response Questions Form B
A rabies vaccine company has a monopoly, but fluctuations in wages are impacting its profits. A series of questions from College Board considers the problem. Other practice questions include an examination of price and output curves and...
Curated OER
Elasticity
Students analyze the meaning of the business term, elasticity, and discuss the main elasticity concepts of price, income, and cross elasticity. They manipulate and demonstrate various business formulas.
Teach Engineering
Using Hooke's Law to Understand Materials
Provide a Hooke for a lesson on elasticity with an activity that has groups investigate a set of springs. They use a set procedure to collect data to calculate the spring constant for each spring using Hooke's Law. The groups predict the...
College Board
2008 AP® Microeconomics Free-Response Questions
The government can tweak the economy through a variety of tools. What are their long- and short-term effects? A problem set from College Board examines how the government sometimes pulls the strings to control the economy.
College Board
2009 AP® Microeconomics Free-Response Questions
Two stores are trying to decide where to put their new location to maximize profit? Young economists evaluate the question using authentic materials from College Board. Other queries involve evaluating the effects of government subsidies...
College Board
2006 AP® Microeconomics Free-Response Questions
Communities often experience a tug-of-war between a desire for open space and a need for development. How can governmental policy affect each side of the issue? Scholars consider the question, along with queries on pricing and...
Curated OER
Review of Linear Momentum
In this linear momentum worksheet, students calculate force, impulse and momentum to answer 50 multiple choice questions. They identify elastic and inelastic collision.
Curated OER
Break Even Analysis and Budgeting
Students analyze the use of break even charts in business planning. They examine the purpose and nature of budgets. They explore price elasticity and how to use Excel spreadsheets to manipulate financial information.
Curated OER
Marketing Occupations
Students identify and explain the variables effecting supply and demand in the marketing industry. Then they define the terms supply and demand and graph supply and demand curves on a standard grid. Students also formulate what happens...
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