Microeconomics

(C) Elasticities of Demand & Supply


Description
Price elasticity of demand
• Income elasticity of demand
– Normal and inferior goods
• Cross elasticity of demand
– Complements and substitutes
• Price elasticity of supply
Content
  • C1 - Elasticities of Demand & Supply 1
  • C1 Livestream Session
  • Notes - Elasticities of Demand & Supply 1
  • Notes - Elasticities of Demand & Supply 1 (H1)
  • Powerpoint - Elasticities of Demand & Supply
  • Powerpoint - Elasticities of Demand & Supply (H1)
  • In Class Quiz - Elasticities of Demand & Supply
  • In Class Quiz - Elasticities of Demand & Supply (H1)
  • Essay Assignment for Elasticities
  • C1 Recorded Lesson - Slides View
  • C1 Recorded Lesson - Classroom View
  • C1 Recorded Lesson (H1) - Classroom View
  • C2 - Applications of Elasticities of Demand & Supply
  • C2 Livestream Sessions
  • Notes - Elasticities of Demand & Supply II
  • Powerpoint - Applications of Elasticities
  • Elasticities Table
  • Elasticities Table (H1)
  • Instructions for In Class Discussion Exercise
  • Bite - Applying PED to firms' decision making
  • Bite - Applying YED to firms' decision making
  • Bite - Applying XED to firms' decision making
  • Bite - Tax Incidence
  • C2 Recorded Lesson - Slides View
  • C2 Recorded Lesson (H1) Part 1 - Classroom View
  • C2 Recorded Lesson (H1) Part 2 - Classroom View
Completion rules
  • All units must be completed