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### 3. ECO162- Elasticity

Course: ECON 162, Spring 2012
School: Conception
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Word Count: 1922

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the MICROECONOMICS ECO162 ELASTICITY Ms.TaiNyukChin LEARNINGOUTCOMES At end of this lesson, the students should beableto: i. Explaintheconceptofelasticity. ii. Identifythetypesofelasticity. iii. iv. Identify the determinants of elasticity of demandandsupply. Define and calculate elasticity of demand (price,income,cross)andsupply. ELASTICITY v i. ii. iii. iv. FourtypesofElasticity:...

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