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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...
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
Elasticity Coefficients
In this Elasticity Coefficients instructional activity, students read background, analyze sample problems (formulas and equations), solve their own problems, and answer questions.
PBS
Elasticity of Demand
High schoolers explore the current economy and determine what items will or will not sell in a poor economy and why. After researching aspects of the current economy, reviewing a provided case study, completing the provided...
Curated OER
Supply and Demand
Students define economic terms, list three conditions that must be present in order for demand to exist, define law of supply and demand, differentiate between buyer's and seller's markets, examine concept of elasticity, view tutorial on...
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
Microeconomics Study Guide, Section II: Elasticities
In this economics instructional activity, students define elasticity, calculate ranges of elasticity, and label diagrams pertaining to the concept of elasticity.
Curated OER
Elasticity
High schoolers 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...
Curated OER
Supply and Demand Worksheet
In this international economics worksheet, students use their problem solving skills to respond to 25 questions about supply and demand.
Curated OER
Supply, Demand, and Prices Worksheet
In this economics worksheet, students use their problem solving skills to respond to 34 questions about supply, demand and prices.
Curated OER
Elasticity of Demand and Changes in Total Revenue
In this Elasticity of Demand worksheet, students read background information, solve problems (equations), and provide short answers to several questions
Curated OER
Marginal Revenue for an Imperfect Competitor
In this Imperfect Competitor worksheet, students read then complete tables, graphs, and questions after making calculations and predictions.
Curated OER
Economics Unit I - The Basics
Learners describe how demand differs from the quantity demanded, explain what the law of demand states and what demand schedules and demand curves illustrate while studying about economics. Also in retrospect, several writing scenarios...
Curated OER
Price Elasticity of Demand (PED)
In this economics worksheet, students respond to 18 short answer and problem solving questions regarding the concept of elasticity.
Curated OER
What is Entrepreneurship?
Eighth graders describe the entrepreneurial process and how it relates to the economy. They work together in small groups to answer questions and participate in small business groups. They use the internet to gather information as well.
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.
Other
Price Elasticity of Demand
This site provides a great definition of "price elasticity of demand," along with formulas and examples. It also shows a perfectly elastic demand curve and a perfectly inelastic demand curve.
Other
Price Elasticity of Demand
This site gives easy to understand definitions of price elasticity, along with examples, formulas, and factors determining elasticity.
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.
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.
Tutor2u
Tutor2u: Price Elasticity of Demand
An easy to understand description of "price elasticity of demand." Includes definitions, graphs, formulas, and examples of what kinds of goods may be elastic or inelastic.
Curated OER
Price Elasticity of Demand
This site provides a great definition of "price elasticity of demand", along with formulas and examples. It also shows a perfectly elastic demand curve and a perfectly inelastic demand curve.
Curated OER
Price Elasticity of Demand
This site provides a great definition of "price elasticity of demand", along with formulas and examples. It also shows a perfectly elastic demand curve and a perfectly inelastic demand curve.
Curated OER
Price Elasticity of Demand
A very easy to understand description of "price elasticity of demand". Includes definitions, graphs, formulas, and examples of what kinds of goods may be elastic or inelastic.