Principles of Economics: Microeconomics - Office Hours: Elasticity of Demand

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What you'll learn

This course includes

11.5 hours of video
Certificate of completion
Access on mobile and TV

Summary

Keywords

elasticity of demand elasticity economics elasticity microeconomics microeconomics crash course ap economics a level economics micro economics 101 economics economics lecture economics crash course

Full Transcript

When should you want demand to be elastic vs. inelastic? Learn how to apply elasticity of demand to real-world scenarios. Principles of Microeconomics Course: http://bit.ly/2yoM9cg Next video: http://bit.ly/2y2cSvW Help translate this video: http://bit.ly/2wVelFz 00:00 Introduction 00:14 Increase in Supply Example 02:17 Decrease in Supply Example 03:30 Summary

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