Elasticity - INOMICS Educator Resource Pack - Single Educator Licence

This INOMICS Educator’s Pack on Elasticity is designed to help introduce elasticity concepts to students in the classroom. It is intended to assist educators in teaching an undergraduate-level economics course. However, it may also be useful for advanced high-school level learners, or as a quick refresher for more advanced students.

This guide is partially based on the student’s Elasticity Study Guide materials. As a result, this resource pack includes short articles on specific topics with practice questions. These include additional resources for an educator’s use; see the following User Guide for details and suggestions for how to best make use of the materials. 

Topics Covered:

Elasticity and Inelasticity

Income Elasticity of Demand

Price Elasticity of Demand

Cross Elasticity of Demand

Normal & Luxury Goods

Inferior & Giffen Goods

Price Elasticity of Supply

Elasticity of Substitution

The Single Educator License permits unlimited use by an individual educator in their classroom, and for students enrolled on their course.

For use between multiple educators within a department or institution, we offer a separate Institution License.