Unit 1 Introduction to economics

Unit 2 Microeconomics

2.3 Competitive market equilibrium

2.5 Elasticities of demand

2.6 Elasticity of supply

2.7 Role of government in microeconomics

2.8 Market failure - externalities and common pool or common access resources

2.9 Market failure - public goods

Unit 3 Macroeconomics

Unit 4 The global economy

Concept/IB Economics/SL/Unit 2 Microeconomics/2.5 Elasticities of demand

2.5 Elasticities of demand

Syllabus: First assessment 2022
Topic: 2.5
Level: SL

What you’ll learn

5 learning objectives

Choose one objective for a focused lesson, or study the complete topic.

2.5 Elasticities of demand