Comprehensive lesson containing a full presentation and worksheet.
Model answers for the worksheet included
The lesson outlines all the specification points of Price, Income and Cross Elasticities of Demand within the A level Edexcel Economics course. Useful for other exam boards too.
This lesson teaches the following content:
-Price, income and cross elasticities of demand
-The formulae to calculate price, income and cross elasticities of demand
-Interpreting numerical values of:
price elasticity of demand: unitary elastic, perfectly and relatively elastic, and perfectly and relatively inelastic
income elasticity of demand: inferior, normal and luxury goods; relatively elastic and relatively inelastic
cross elasticity of demand: substitutes and complementary goods
-The factors influencing elasticities of demand
Click on the links below to check out some of our FREE resources:
Free Worksheets:
Introduction to Economics Worksheet
The Economic Problem Worksheet
Production Possibility Frontiers Worksheet
Specialisation & the Division of Labour Worksheet
Types of Economy Worksheet
Price Determination Worksheet
National Income Worksheet
Free Lessons:
Introduction to Economics Lesson
The Economic Problem Lesson
Production Possibility Frontiers Lesson
Specialisation & the Division of Labour Lesson
Types of Economy Lesson
Price Determination Lesson
National Income Lesson
We really appreciate feedback on our resources so if you kindly leave a review down below, you will be able to claim any resource (up to the value of this resource) from our shop for FREE. Just email Resourcify321@gmail.com with your username and your chosen resource. Your chosen resource will be sent to you within 24 hours.
Get this resource as part of a bundle and save up to 17%
A bundle is a package of resources grouped together to teach a particular topic, or a series of lessons, in one place.
Bundle
Introduction to Markets and Market Failure Lessons (Theme 1) - A Level Economics
**20** Comprehensive lessons covering **Introduction to Markets and Market Failure (Theme 1)** within the A level Economics course. This resource is designed for the Edexcel specification, however, the content covered in this resource is suitable for other exam boards too. This resource bundle includes **presentations** (PowerPoint) and corresponding **worksheets** (Word) covering each of the 4 topics within Theme 1. **Each worksheet includes a set of model answers** **This resource teaches the following in detail:** -Introduction to Economics -The Economic Problem -Production Possibility Frontiers -Specialisation and the Division of Labour -Free Market Economies, Mixed Economy and Command Economy -Rational Decision Making -Demand -Price, Income and Cross Elasticities of Demand -Supply & Elasticity of Supply -Price Determination -Price Mechanism -Consumer and Producer Surplus -Indirect Taxes and Subsidies -Alternative Views of Consumer Behaviour -Types of Market Failure -Externalities -Public Goods -Information Gaps -Government Intervention in Markets -Government Failure **Click on the links below to check out some of our FREE resources:** ***Free Worksheets:*** [Introduction to Economics Worksheet](https://www.tes.com/teaching-resource/resource-12665903) [The Economic Problem Worksheet](https://www.tes.com/teaching-resource/resource-12665900) [Production Possibility Frontiers Worksheet](https://www.tes.com/teaching-resource/resource-12665901) [Specialisation & the Division of Labour Worksheet](https://www.tes.com/teaching-resource/resource-12665902) [Types of Economy Worksheet](https://www.tes.com/teaching-resource/resource-12665904) [Price Determination Worksheet](https://www.tes.com/teaching-resource/price-determination-worksheet-a-level-economics-12666009) [National Income Worksheet](https://www.tes.com/teaching-resource/resource-12665908) ***Free Lessons:*** [Introduction to Economics Lesson](https://www.tes.com/teaching-resource/introduction-to-economics-a-level-economics-12555539) [The Economic Problem Lesson](https://www.tes.com/teaching-resource/resource-12666020) [Production Possibility Frontiers Lesson](https://www.tes.com/teaching-resource/resource-12666026) [Specialisation & the Division of Labour Lesson](https://www.tes.com/teaching-resource/resource-12666028) [Types of Economy Lesson](https://www.tes.com/teaching-resource/resource-12666029) [Price Determination Lesson](https://www.tes.com/teaching-resource/resource-12621482) [National Income Lesson](https://www.tes.com/teaching-resource/resource-12621376)
£26.50
Bundle
How Markets Work Lessons (Topic 1.2) - A Level Economics
**9** comprehensive lessons **each including a PowerPoint presentation and worksheet with model answers.** The lessons cover topic **1.2** **(How Markets Work)** within the A level Edexcel Economics specification. Although this resource is designed for the Edexcel specification, the content covered is **suitable for other exam boards too.** **Lessons included:** Rational Decision Making Demand Price, Income and Cross Elasticities of Demand Supply (including price elasticity of supply) Price Determination Price Mechanism Consumer and Producer Surplus Indirect Taxes and Subsidies Alternative Views of Consumer Behaviour **Click on the links below to check out some of our FREE resources:** ***Free Worksheets:*** [Introduction to Economics Worksheet](https://www.tes.com/teaching-resource/resource-12665903) [The Economic Problem Worksheet](https://www.tes.com/teaching-resource/resource-12665900) [Production Possibility Frontiers Worksheet](https://www.tes.com/teaching-resource/resource-12665901) [Specialisation & the Division of Labour Worksheet](https://www.tes.com/teaching-resource/resource-12665902) [Types of Economy Worksheet](https://www.tes.com/teaching-resource/resource-12665904) [National Income Worksheet](https://www.tes.com/teaching-resource/resource-12665908) ***Free Lessons:*** [Introduction to Economics Lesson](https://www.tes.com/teaching-resource/introduction-to-economics-a-level-economics-12555539) [The Economic Problem Lesson](https://www.tes.com/teaching-resource/resource-12666020) [Production Possibility Frontiers Lesson](https://www.tes.com/teaching-resource/resource-12666026) [Specialisation & the Division of Labour Lesson](https://www.tes.com/teaching-resource/resource-12666028) [Types of Economy Lesson](https://www.tes.com/teaching-resource/resource-12666029) [National Income Lesson](https://www.tes.com/teaching-resource/resource-12621376)
£14.99
Something went wrong, please try again later.
This resource hasn't been reviewed yet
To ensure quality for our reviews, only customers who have purchased this resource can review it
Report this resourceto let us know if it violates our terms and conditions.
Our customer service team will review your report and will be in touch.
£3.00