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Grade 9-12
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Video

Elasticity of Demand and Supply Video Series and Quiz

Time: 70 mins,
Updated: October 8 2019,

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.
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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