Examples showing how various factors can affect interest rates. [7:34]

Video lesson describes how the government attempts to control prices through price ceilings; an example being rent control on apartments. [4:51]

The burden of a tax falls most heavily on someone who can't adjust to a price change. That means buyers bear a bigger burden when demand is more inelastic, and sellers bear a bigger burden when supply is more inelastic.

An interesting case of taxes and tax incidence is when one of the curves is perfectly elastic. Explore what happens when demand is perfectly elastic in this video.

In this video, learn about how the model of the foreign exchange market is used to represent the determination of exchange rates.

The law of demand states that quantity demanded increases when price decreases, but why? Two reasons why the demand curve slopes downward are the substitution effect and the income effect. The income effect states that when the price of...

Arbitrage is taking advantage of price differences to earn a profit. In this video, we explore arbitrage opportunities in options markets. [2:50]

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.

This video lesson from Khan Academy is intended for students who are taking a microeconomics course. This lesson serves as an introduction to price elasticity of demand.

This video lesson from Khan Academy is intended for students who are taking the AP Macroeconomics course. Students will examine the two extremes of elasticity: perfectly elastic and perfectly in elastic demand. The extremes can help...

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.

A video [4:46] explaining the supply and demand curve with the labor-leisure tradeoff.

Looking a bit deeper at why elasticity changes despite having a linear demand curve. This resource is designed as a review for the AP Microeconomics Test or a college-level microeconomics course.

The concepts of normal goods and inferior goods can be tricky, and the definitions can be somewhat subjective as well. In this video, we take a deeper look at these kinds of goods.

In this video lesson, explore a simple way to calculate the price elasticity of demand, how to interpret that calculation, and how price elasticity of demand varies along a demand curve. This resource is designed as a review for the AP...

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.

There are several factors that affect how elastic (or inelastic) the price elasticity of demand is, such as the availability of substitutes, the timeframe, the share of income, whether a good is a luxury vs. a necessity, and how narrowly...

Walk through the logic of determining what kind of good has the most elastic demand in this video. This resource is designed as a review for the AP Microeconomics Test or a college-level microeconomics course.

This video lesson provides a case of price elasticity of demand, s demand curve with a constant unit elasticity. Explore what such a demand curve would look like in this video.

A video [7:04] explaining how price elasticity relates to demand changes in response to income elasticity.

In this video lesson from Khan Academy, students will explore how changes in a few factors, including income, population, and consumer preferences, affect the demand curve. This resource is designed as a review for the AP Macroeconomics...

In this video lesson from Khan Academy, students will explore what happens when both supply and demand are simultaneously changing. This resource is designed as a review for the AP Macroeconomics Test or a college-level macroeconomics...

This video lesson from Khan Academy will help students understand the difference between the effects of the changes in supply with changes in the quantity supplied. This resource is designed as a review for the AP Macroeconomics Test or...

Explore the role of buyers' expectations as a determinant of demand in this video lesson from Khan Academy. This resource is designed as a review for the AP Macroeconomics Test or a college-level macroeconomics course.