Economics
Economics
Unit 1 | Topic 3.3 | Elasticity of Demand
Unit 1 | Topic 3.3 | Elasticity of Demand
Embedded Files
What factors affect elasticity of demand?
What factors affect elasticity of demand?
Objectives
Objectives
Explain how to calculate elasticity of demand.
Identify factors that affect elasticity of demand.
Explain how firms use elasticity and revenue to make decisions.
Procedure
Procedure
Review the Aim and notes from your initial text read.
Participate in the corresponding lesson topic presentation, revising notes.
Watch corresponding video(s); further revising notes.
Complete teacher instructed assignments.
Extension
Extension
Prepare for your next class session by reading the next topic section in your text, recording alphanumeric/Cornell notes.
Complete the next topic's Interactive Reading Notepad.
Watch Market Power Video
Watch Market Power Video
Record and revise notes
Record and revise notes
Watch the corresponding topic video; pausing and playing as needed to record and revise notes.
Watch Jacob Clifford Video
Watch Jacob Clifford Video
Record and revise notes
Record and revise notes
Watch the corresponding topic video; pausing and playing as needed to record and revise notes.
Eco 3.3 Interactive Reader.pdfInteractive Reading Notepad
Interactive Reading Notepad
This supplemental support instructional activity provides access and reading supports of concepts of the content through active literacy.
econ_summary_en_03_03.pdfInstructional Summary
Instructional Summary
This supplemental support instructional one-pager provides the basic concepts of the content of the lesson.
3.3 Instructional Exit Ticket.docxInstructional Exit Ticket
Instructional Exit Ticket
What factors affect elasticity of demand?
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