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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:
- Determine the relationship between price and the quantity demanded.
Concepts
In this economics activity, students will review how many goods can be purchased at various prices.
Resources
Procedure
This is an individual activity where students will examine the relationship between price and quantity demanded by calculating the number of jeans they can purchase at various prices. To complete this activity, students need to follow the directions below:
- Sign in or play as a guest.
- Choose to answer the questions in Those Golden Jeans Kahoot Game or in the ReadyAssessments Activity.
Related Resources
Grades 6-8, 9-12
A Review of Supply and Demand
In this economics activity, students will answer questions related to supply and demand curves.
Key Concepts: Demand, Markets and Prices, Supply
Grades 9-12
Transitioning to Driverless Cars
In this economics activity, students identify changes in markets affected by a driveless society.
Key Concepts: Demand, Supply
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
