Videos for 2.5 Elasticities of demand - IB
These comprehensive video lessons help IB Economics students Standard Level (SL) and Higher Level (HL) understand and master the essential concepts needed for success in IB Exams. Each video focuses on 2.5 Elasticities of demand and is aligned with the IB Economics syllabus, ensuring focused learning on microeconomics, macroeconomics, and international trade. Students can watch and rewatch anytime, anywhere, perfect for visual learners, reinforcing complex concepts, and understanding IB methodology. By using RevisionDojo's video lessons consistently, learners build deep understanding and enter the exam with confidence.
2 min
2.5.1 Concept of elasticity
2.5.1 Concept of elasticity
2 min
2.5.2 Price elasticity of demand (PED)
2.5.2 Price elasticity of demand (PED)
1 min
2.5.2 Price elasticity of demand (PED) (Part 2)
2.5.2 Price elasticity of demand (PED)
3 min
2.5.2 Price elasticity of demand (PED) (Part 3)
2.5.2 Price elasticity of demand (PED)
2 min
2.5.3 Importance of PED for firms and government decision making
2.5.3 Importance of PED for firms and government decision making
3 min
2.5.4 Why PED for primary commodities is generally lower than manufactured products (HL only)
2.5.4 Why PED for primary commodities is generally lower than manufactured products (HL only)
4 min
2.5.5 Income elasticity of demand (YED)
2.5.5 Income elasticity of demand (YED)
3 min
2.5.6 Importance of YED (HL only)
2.5.6 Importance of YED (HL only)