Price Elasticity of Demand

Colourful. Engaging. Informative. This PowerPoint has been creating to introduce students to the concept of price elasticity of demand.

Included in this PowerPoint:

A detailed and colourful title page, highlighting the skills that will be covered over the duration of this topic
A starter activity where students need to rank in order which goods / services would be most to least affected by a change in price
Discussion points
Slides detailing how price elasticity of demand is calculated, with an example
Slides explaining what the numerical values mean (how to interpret them)
Calculation questions with answers
Explanation of the factors affecting price elasticity of demand

This resource took me one hour to go through as a class