Robert Schenk, PhD
St. Josephs College: More Price Elasticity
This site explains price elasticity of supply. Includes graphs to represent the concept.
![Cornell University: Elasticity [Ppt] PPT](https://d15y2dacu3jp90.cloudfront.net/images/attachment_defaults/resource/large/FPO-knovation.png "Cornell University: Elasticity [Ppt] PPT")
Cornell University
Cornell University: Elasticity [Ppt]
This slideshow delves into the concept of elasticity. It discusses why elasticity is important, looks at the different kinds of elasticity, and has many supporting graphs and charts to use as examples.
Khan Academy
Khan Academy: Income Elasticity of Demand
Practice what you've learned about income elasticity of demand in this four-question exercise.
Khan Academy
Khan Academy: Price Elasticity of Supply and Its Determinants
Practice what you've learned about price elasticity of supply and the determinants of price elasticity of supply in this four-question exercise.
Khan Academy
Khan Academy: Elasticity in the Long Run and Short Run
The elasticity of supply or demand can vary based on the length of time you care about. This resource is designed for learners who are taking a college-level microeconomics course.
Khan Academy
Khan Academy: Elasticity and Tax Revenue
Read about how elasticity affects tax revenue. This resource is designed for students who are taking a college-level microeconomics course.
Curated OER
Price Elasticity of Demand
A very easy to understand description of "price elasticity of demand". Includes definitions, graphs, formulas, and examples of what kinds of goods may be elastic or inelastic.
Curated OER
Price Elasticity of Demand
A very easy to understand description of "price elasticity of demand". Includes definitions, graphs, formulas, and examples of what kinds of goods may be elastic or inelastic.
Khan Academy
Khan Academy: Elasticity in Areas Other Than Price
Elasticity also applies in labor markets and in financial capital markets.
Curated OER
Price Elasticity of Demand
This site provides a great definition of "price elasticity of demand", along with formulas and examples. It also shows a perfectly elastic demand curve and a perfectly inelastic demand curve.
Curated OER
Price Elasticity of Demand
This site provides a great definition of "price elasticity of demand", along with formulas and examples. It also shows a perfectly elastic demand curve and a perfectly inelastic demand curve.
Council for Economic Education
Econedlink: Demand
This video teaches the concept of Demand. Demand refers to a relationship between price and the quantity of a good or service that consumers demand. The website contains an interactive quiz and links for related lesson plans.
Curated OER
Market Price: Supply & Demand
This site from Wood Green School Witney explains market price. It includes graphs related to supply and demand. The explanation deals with basic economic terms establishing equilibrium market price. The site is theoretical in nature and...
Robert Schenk, PhD
Cyber Economics
An incredible site! This is an interactive textbook that clearly and concisely covers any topic you can think of under both microeconomics and macroeconomics. Select "Table of Contents" to begin.