Economics: Lesson 12 - Price Elasticity of Demand (PED 1) + worksheet

This is a whole lesson on Price Elasticity of Demand 1. This is the first lesson on elasticity. The lesson explains very clearly what elasticity is and its effect on revenue. The lesson also clearly explains how to calculate it with common errors highlighted and explained very clearly. 19 slides + resources.

The lesson includes:

  • Starter
  • Learning Objectives (differentiated)
  • Keywords
  • Excellent Teaching Slides (explaining elasticity)
  • Lots of examples on how to calculate
  • Key Questions
  • Double-sided Worksheet (with answers)
  • Plenary (Elasticity problem - working backwards)

ALL 82 LESSONS for teaching all the different topics of the economic syllabus are available as one BIG BUNDLE in the link below:

Economics: ALL LESSONS x82

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About this resource


Created: May 13, 2016

Updated: Mar 5, 2019

Whole lesson

zip, 5 MB


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