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...
Council for Economic Education
Econedlink: Demand
This video teaches the concept of Demand. Demand refers to a relationship between price and the quantity of a good or service that consumers demand. The website contains an interactive quiz and links for related lesson plans.
Khan Academy
Khan Academy: Price Elasticity of Supply and Its Determinants
Practice what you've learned about price elasticity of supply and the determinants of price elasticity of supply in this four-question exercise.
Robert Schenk, PhD
St. Josephs College: More Price Elasticity
This site explains price elasticity of supply. Includes graphs to represent the concept.
Khan Academy
Khan Academy: Elasticity in Areas Other Than Price
Elasticity also applies in labor markets and in financial capital markets.