CHAPTER 5 DEMAND AND ELASTICITY

Slides:



Advertisements
Similar presentations
©2003 South-Western College Publishing, Cincinnati, Ohio Chapter 12 Tax Administration and Tax Planning Tax Administration and Tax Planning.
Advertisements

© 1997 South-Western College Publishing LHM Slides Created and Designed by Apple Mountain Software, Inc. Marketing Charles.
Chapter 5 Some Applications of Consumer Demand, and Welfare Analysis.
Copyright © 2008 Pearson Education, Inc. Chapter 6 Applications of the Derivatives Copyright © 2008 Pearson Education, Inc.
Economics 214 Lecture 23 Elasticity. An elasticity measures a specific form of responsiveness. The percentage change in one variable that accompanies.
ECONOMICS 211 CLICKER QUESTIONS Chapter 5 –Set #3.
ECONOMICS 211 CLICKER QUESTIONS Chapter 4 – Question Set #3.
Chapter 5: Elasticity. Elasticity A general concept used to quantify the response in one variable when another variable changes.
Price Elasticity of Demand. Definition Price elasticity of demand is an important concept in economics. It shows how demand for a product changes when.
Economics 221 Principles of Microeconomics by R. Ramoo Principles of Microeconomics by R. Ramoo.
Chapter 5 Price Elasticity of Demand
PowerPoint Exhibit Slides to Accompany Principles of Economics
Principles of Economics 2nd edition by Fred M Gottheil
What Economics Is About
The Price System at Work Pgs. 142 – 148
SHORT-RUN ECONOMIC FLUCTUATIONS
Economics Chapter 4 Review.
Principles of Economics
Principles of Economics
Principles of Economics
Principles of Economics
Principles of Economics
Principles of Economics
Principles of Economics
Principles of Economics
Principles of Economics
Principles of Economics
Principles of Economics
Principles of Economics
Principles of Economics
Principles of Economics
Principles of Economics
Principles of Economics
Principles of Economics
Principles of Economics
Principles of Economics
Principles of Economics
Chapter 1: Appendix The Basics of Demand, Supply, and Equilibrium
Unemployment and Its Natural Rate
Demand Elasticity: Chapter 4 Section 3.
Chapter 4: Applications Using Demand and Supply
Economics Chapter 4 Review.
PowerPoint Exhibit Slides to Accompany Principles of Economics
Chapter 1: Introduction
Chapter 5 Price Elasticity of Demand
ECONOMICS: September 21 --conclude Demand enrichment activity (HO from yesterday) (TURN IN) -enrichment: if done additional practice (see screen)
Unemployment and Its Natural Rate
CHAPTER 5 Inflation: Who Wins, and Who Loses?
CHAPTER 15 Putting It All Together
CHAPTER 21 THE REALM OF MACROECONOMICS?
ECONOMICS, 5e Trade, Tradeoffs, and Economic Systems Roger Arnold
CHAPTER 26 SUPPLY-SIDE EQUILIBRIUM: UNEMPLOYMENT AND INFLATION?
THE ECONOMICS OF LABOUR MARKETS
THE ECONOMICS OF THE PUBLIC SECTOR
CHAPTER 28 MONEY AND THE BANKING SYSTEM
Firms in Competitive Markets
CHAPTER 31 FISCAL POLICY,MONETARY POLICY, AND GROWTH
CHAPTER 17 POVERTY, INEQUALITY, AND DISCRIMINATION
Table Of Contents L – Demand Functions Wksht pg.1 R –Ch. 4 Notes pg.2
CHAPTER 4 CONSUMER CHOICE: INDIVIDUAL AND MARKET DEMAND
CHAPTER 19 TAXATION AND RESOURCE ALLOCATION
CHAPTER 13 MICROECONOMICS OF “THE NEW ECONOMY”: INNOVATION AND GROWTH
CHAPTER 3 SUPPLY AND DEMAND: AN INITIAL LOOK
CHAPTER 8 THE FIRM AND THE INDUSTRY UNDER PERFECT COMPETITION
CHAPTER 15 PRICING THE FACTORS OF PRODUCTION
PowerPoint Exhibit Slides to Accompany Principles of Economics
ECONOMICS / BAUMOL & BLINDER
CHAPTER 22 THE GOALS OF MACROECONOMIC POLICY
CHAPTER 25 DEMAND-SIDE EQUILIBRIUM: UNEMPLOYMENT OR INFLATION?
Application: The Costs of Taxation
Presentation transcript:

CHAPTER 5 DEMAND AND ELASTICITY

ECONOMICS / BAUMOL & BLINDER © 2003 South-Western

ECONOMICS / BAUMOL & BLINDER © 2003 South-Western

ECONOMICS / BAUMOL & BLINDER © 2003 South-Western

ECONOMICS / BAUMOL & BLINDER © 2003 South-Western

ECONOMICS / BAUMOL & BLINDER © 2003 South-Western

ECONOMICS / BAUMOL & BLINDER © 2003 South-Western

ECONOMICS / BAUMOL & BLINDER © 2003 South-Western

ECONOMICS / BAUMOL & BLINDER © 2003 South-Western

ECONOMICS / BAUMOL & BLINDER © 2003 South-Western

ECONOMICS / BAUMOL & BLINDER © 2003 South-Western

ECONOMICS / BAUMOL & BLINDER © 2003 South-Western