Elasticity of Demand and Changes in Total Revenue

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...

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...

When prices go up in an elastic demand curve, what happens to total revenue? Your young economists will learn about this concept as they watch an engaging and informative speaker illustrate what happens through drawing different...

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.

This video lesson from Khan Academy is intended for students who are taking the AP Microeconomics course or a college microeconomics class. Explore the relationship between total revenue and elasticity in this video.

Examines how total revenue and elasticity are related. [11:31]

This video lesson from Khan Academy is intended for students who are taking the AP Macroeconomics course. Students will take a deeper dive into the total revenue rule and the relationship between total revenue and elasticity.

Clarification on the relationship between total revenue and elasticity. [8:25]

Scrolling down towards the bottom of this site, there are equations, diagrams, and some general information concerning price elasticity of supply.

This video lesson explains why we calculate percent changes in a strange way when calculating elasticities. This resource is designed as a review for the AP Microeconomics Test or a college-level microeconomics course.