Khan Academy: Price Elasticity of Demand Using the Midpoint Method

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...

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...

Provides an introduction to the price elasticity of demand. [13:17]

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

Video lecture explores the price of one good effecting quantity demanded of another. [11:20]

Discover what a demand curve with constant unit elasticity would look like. [4:37]

Clarification on the relationship between total revenue and elasticity. [8:25]

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...

What happens when the price of an item goes up or down? Does the shift automatically affect the purchasing of that item? Historians use a short podcast to research the idea of elasticity on demand. They analyze the impact a price of an...

Practice what you've learned about income elasticity of demand in this four-question exercise.