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Grade 9-12
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Video

Elasticity of Demand and Supply Video Series and Quiz

Time: 70 mins,
Updated: October 8 2019,
Author: Marginal Revolution University
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Objective Standards Summary Description
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Objective

Students will be able to:

  • Understand the concept of elasticity, how to represent it and use it on a graph, and its applications to real-world issues.

Standards

State Standards

Concepts

Elasticity of Demand
 Open Video

In this economics video series, students will take a deep look at supply and demand.

Description

This unit of five videos covers elasticity of demand and supply, including an in-depth look at how to calculate them. Elasticity is then applied to a number of real-world policy questions. Every video comes with practice questions!

Subjects:
Economics

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Calculating Price Elasticity

In this economics activity, students will practice calculating elasticity of demand.
Key Concepts: Demand, Elasticity of Demand
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