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.
Other
Microeconomics Chapter 6: Price Elasticity of Supply
Scrolling down towards the bottom of this site, there are equations, diagrams, and some general information concerning price elasticity of supply.
![Cornell University: Elasticity [Ppt] PPT](https://d15y2dacu3jp90.cloudfront.net/images/attachment_defaults/resource/large/FPO-knovation.png "Cornell University: Elasticity [Ppt] PPT")
Cornell University
Cornell University: Elasticity [Ppt]
This slideshow delves into the concept of elasticity. It discusses why elasticity is important, looks at the different kinds of elasticity, and has many supporting graphs and charts to use as examples.
Robert Schenk, PhD
Price Elasticity
This site offers a good description of price elasticity of demand for a good, and gives examples of which kinds of goods may be elastic or inelastic.
Robert Schenk, PhD
Computing Price Elasticity
This site discusses price elasticity, along with the formula for "arc elasticity," which is a different method to calculate price elasticity.
Other
Economics of Health Care: Price Elasticity of Demand
This site provides a thorough analysis of the concept of elasticity, and uses an example in the health care industry.
Council for Economic Education
Econ Ed Link: Price Elasticity: From Tires to Toothpicks
Students gain an understanding of price elasticity of demand and why different goods have different degrees of elasticity. Students learn how to calculate price elasticity of goods.
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: Elasticity in Areas Other Than Price
Elasticity also applies in labor markets and in financial capital markets.
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.
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: Price Elasticity of Demand and Its Determinants
Practice what you've learned about calculating and interpreting price elasticity of demand, as well as the determinants of price elasticity of demand, in this exercise. This resource is designed as a review for the AP Microeconomics Test...
Khan Academy
Khan Academy: Determinants of Price Elasticity and the Total Revenue Rule
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.
Khan Academy
Khan Academy: Price Elasticity of Demand and Price Elasticity of Supply
Quantities supplied and demanded react to changes in price. Students will learn about price elasticity of demand and price elasticity of supply in this lesson. This resource is designed for students who are taking a college-level...
Khan Academy
Khan Academy: Elasticity in the Long Run and Short Run
The elasticity of supply or demand can vary based on the length of time you care about. This resource is designed for students who are taking a college-level microeconomics course.
Khan Academy
Khan Academy: Elasticity and Tax Revenue
Read about how elasticity affects tax revenue. This resource is designed for students who are taking a college-level microeconomics course.