Sign in with Google 
Grades 9-12
Calculating Price Elasticity
In this economics activity, students will practice calculating elasticity of demand.
Key Concepts: Demand, Elasticity of Demand
Objective
Students will be able to:
- Understand the concept of elasticity, how to represent it and use it on a graph, and its applications to real-world issues.
Standards
Concepts
In this economics video series, students will take a deep look at supply and demand.
Description
This unit of five videos covers elasticity of demand and supply, including an in-depth look at how to calculate them. Elasticity is then applied to a number of real-world policy questions. Every video comes with practice questions!
Subjects:
Economics Related Resources
Grades 9-12
Using Gasoline Data to Explain Inelasticity
In this economics activity, students will examine and summarize data about gasoline consumption.
Key Concepts: Demand, Elasticity of Demand
Grades 9-12
Price Elasticity: From Tires to Toothpicks
In this economics lesson, students will compare elasticity coefficients of consumer goods.
Key Concepts: Demand, Elasticity of Demand
Grades 9-12
Is the traditional taxicab an endangered species?
Increasingly popular ride-sharing services have attracted customers at a rate that some say endangers the cab industry. Economics correspondent Paul...
Key Concepts: Business Costs and Revenues, Demand, Elasticity of Demand…
