Study Notes
Explaining Income Elasticity of Demand
- Level:
- AS, A-Level, IB
- Board:
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
Last updated 2 Jul 2018
Income elasticity of demand measures the relationship between a change in quantity demanded for good X and a change in real income. Check out our short revision video on income elasticity of demand.
-
7
Revision Flashcards for A Level Economics Students
Resource Collection
You might also like
Price elasticity of demand (Revision Presentation)
Teaching PowerPoints
Income and Wealth
Study Notes
Consumer Spending
Study Notes
Elasticity of Demand & Supply Revision Quiz
Quizzes & Activities
Income & Cross Elasticity Revision Quiz
Quizzes & Activities
Productivity and Economic Growth
Study Notes
Determinants of Demand (Revision Presentation)
Teaching PowerPoints