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
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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...
12th - Higher Ed Social Studies & History
Battle Behind the Pumps - Exploring Supply & Demand
After considering the role that gasoline plays in our lives and our dependence on it as a society, learners participate in a reading activity discussing why the price of oil is increasing. They will then simulate being members of a...
10th - 12th Social Studies & History CCSS: Adaptable
Chapter 20: Demand and Supply (Elasticities and Government-Set Prices)
Discussing first the elasticity of demand and then the element of supply, these slides present graphs and bullet points that would easily supplement your economics lecture. Viewers will appreciate the pacing of the slides, making it easy...
10th - 12th Social Studies & History
Change in Demand vs Change in Quantity Demanded
Introduce your young economists to the completely distinct concepts of change in demand versus change in quantity demanded. Like having a personal economics instructor in your own home, Mr. Clifford guides students through this key...
2 mins 11th - 12th Social Studies & History CCSS: Adaptable
Elasticity of Demand Coefficients (Cross-Price and Income Elasticity)
What is the difference between elastic and inelastic demands? Review these concepts, as well as cross prices, elasticity of supply, and income elasticity, with your class members after taking a look at this video.
7 mins 11th - 12th Social Studies & History CCSS: Adaptable
Total Revenue Test and Elasticity Review
When prices go up in an elastic demand curve, what happens to total revenue? Your young economists will learn about this concept as they watch an engaging and informative speaker illustrate what happens through drawing different graphs.
3 mins 11th - 12th Social Studies & History CCSS: Adaptable
Revenue, Profits, and Price
Economists and accountants work with money every day, but their perspectives about that money can be very different. An informative video from Crash Course Economics explores basic elements of microeconomics, including economies of...
11 mins 9th - 12th Social Studies & History CCSS: Adaptable
The 1828 Campaign of Andrew Jackson: Changes in Voting Participation
Students give examples to indicate how voting participation changed in the first half of the 19th century, and make connections between changes in voting participation and the results of the election of 1828.
9th - 12th Social Studies & History