Description

Overview:
In this topic, students will be introduced to the concept of elasticity.  They’ll learn about price elasticity of demand and price elasticity of supply, about their determinants and how to calculate it.  They’ll be introduced to some applications of price elasticity.  They’ll also learn about two other important elasticity measures, cross-price elasticity and income elasticity.  
Subject:
Economics
Level:
Community College / Lower Division, College / Upper Division
Material Type:
Module
Provider:
Ohio Open Ed Collaborative
Date Added:
05/03/2019
License:
Creative Commons Attribution-NonCommercial 4.0 Creative Commons Attribution-NonCommercial 4.0
Language:
English
Media Format:
eBook, Text/HTML, Video

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