A-Level Economics · Syllabus 2.2
Price elasticity, income elasticity and cross elasticity of demand
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InteractiveElasticities of Demand: OverviewPrice, income and cross elasticity: animated diagrams, labs, drag-and-drop practice, calculations and exam questions with model answers.Open →
InteractivePrice Elasticity of Demand2.2.1 · PED formula, elastic and inelastic demand, determinants and total revenue. Animations, labs and past paper practice.Open →
InteractiveIncome Elasticity of Demand2.2.2 · Sign and size of YED, normal and inferior goods, and business uses. Animations, labs and past paper practice.Open →
InteractiveCross Elasticity of Demand2.2.3 · Sign and size of XED, substitutes and complements, and business uses. Animations, labs and past paper practice.Open →
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