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
Theory of Demand
Study Notes
Real wages and living standards in the UK - recent evidence
6th April 2015
Premium demand lifts whisky sales
30th October 2017
Subsidies: Consumer and Producer Benefit
Topic Videos
Exploring the gap in regional household disposable income
13th October 2022
4.1.3.2 Cross Price Elasticity of Demand (AQA A-Level Economics Teaching PowerPoint)
Teaching PowerPoints