Economics
Explore Economics
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
How Markets Work - Income Elasticity of Demand
Study Presentations
Elasticity of Demand and Supply - Selection of Revision MCQs
Practice Exam Questions
Income Elasticity of Demand
Student Videos
Price and Income Elasticities - "Match Up" Activity
Quizzes & Activities
Demand and Supply - 60 Second Challenge (Knowledge Retrieval Activity)
Quizzes & Activities
Shifts in Market Demand
Study Notes
Income and Wealth (Quizlet Activity)
Quizzes & Activities
6 Strategies to Improve Living Standards
Student Videos
Recommended
Exam support for 2022
Online Grade Booster Courses for A-Level Exams in May & June 2022
Exam technique, advance information support, live revision and more from the tutor2u subject specialist teams