Elasticity

Textbook Readings

  1. OpenStax, Principles of Microeconomics 2e
    1. Chapter 5: Elasticity
      1. 5.1 Price Elasticity of Demand and Price Elasticity of Supply
      2. 5.2 Polar Cases of Elasticity and Constant Elasticity
      3. 5.3 Elasticity and Pricing
      4. 5.4 Elasticity in Areas Other Than Price

Videos

  1. Marginal Revolution University, Principles of Economics: Microeconomics
    1. Elasticity and Its Applications
      1. Elasticity of Demand
      2. Calculating the Elasticity of Demand
      3. Office Hours: Elasticity of Demand
      4. Elasticity of Supply
      5. Elasticity and Slave Redemption
      6. Applications Using Elasticity
  2. Khan Academy, Microeconomics
    1. Elasticity
      1. Price elasticity of demand
      2. Price elasticity of supply
      3. Income elasticity of demand and cross-price elasticity of demand
  3. YouTube, mjmfoodie
    1. #16: Elasticity of Demand

Podcasts

  1. Planet Money, Episode 759: What's It Worth To You?

Articles

  1. Barron's, "Apple's Pricey iPhone X Will Turn off A Lot of Users, Make Piles of Money, Says Maxim", by Ray, 14 September 2017
  2. Pacific Standard, "Why Coffee Shortages Won't Change the Price of Your Frappuccino", by Chayka, 20 July 2014
  3. Twin Cities Pioneer Press, "Real World Economics: Rising Egg Prices Provide Lesson in Markets' Elasticity", by Lotterman, 13 June 2015
  4. The New York Times Magazine, "Why Is Turkey Cheaper When Demand Is Higher?", by Rampell, 19 November 2013
  5. Bloomberg, "What Americans Will—and Won’t—Pay for Avocados, in One Chart", by Stock, 12 September 2017
  6. Forbes, "Super Bowl XLVIII Pricing: A Lesson In Demand Elasticity", by Rishe, 19 September 2013
  7. Harvard Business Review, "A Refresher on Price Elasticity", by Gallo, 21 August 2015
  8. Forbes, "Big Tobacco Takes Its Last Drag As Economic Change Looms", by The Street, 6 September 2013
  9. Aaron Steelman, 2004. "Jargon Alert : Elasticity", Econ Focus, Federal Reserve Bank of Richmond, Summer, pages 1-6.
  10. Forbes, "The End of Elastic Oil", by Konrad, 26 January 2012