Price and Income Elasticity
The latest in the new series of PowerPoint resources aimed at assisting teachers with the delivery of the WJEC/Eduqas A-level Business specification. These slides and hand out are designed to support the delivery of the Component One topic of price elasticity and income elasticity of demand. They analyse the main concepts of price and income elasticity and ensure that pupils understand the nature of inferior, normal and luxury goods. The slides explain the theory behind both concepts in some depth and provide diagrammatic analysis of near elastic and inelastic demand curves. The slides contain the Quick Fire Five questions and also a practice essay (both with solutions). In addition to the main PowerPoint a PDF copy of the notes has been provided to assist with pupil hand outs.
Save for later
  • Price-and-Income-Elasticity.pptx
  • Price-and-Income-Elasticity.pdf

About this resource


Created: Nov 17, 2017

Updated: Feb 13, 2018

pptx, 441 KB


pdf, 614 KB


Report a problem

Tes Paid Licence

How can I re-use this?