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SS2: ECONOMICS - 2ND TERM

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  1. Economic System | Week 1
    5 Topics
    |
    1 Quiz
  2. Labour Market I | Week 2
    4 Topics
    |
    1 Quiz
  3. Labour Market II | Week 3
    4 Topics
    |
    1 Quiz
  4. Elementary Treatment of Utility | Week 4
    4 Topics
    |
    1 Quiz
  5. Price Determination I | Week 5
    5 Topics
    |
    1 Quiz
  6. Price Determination II | Week 6
    3 Topics
    |
    1 Quiz
    1. Income and Cross Elasticity of Demand
    2. Determination of Elasticity of Demand / Factors Affecting Elasticity of Demand
    3. Importance of Elasticity of Demand
  7. Price Determination III | Week 6 contd
    5 Topics
    |
    1 Quiz
  8. Market Structure I | Week 7
    3 Topics
    |
    1 Quiz
  9. Market Structure II | Week 8
    6 Topics
    |
    1 Quiz
  10. Industries in Nigeria | Week 9
    4 Topics
    |
    1 Quiz
  11. Industries in Nigeria | Week 9 contd
    7 Topics
    |
    1 Quiz
  12. Agricultural Policies | Week 10
    3 Topics
    |
    1 Quiz

Quizzes

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SS2: ECONOMICS – 2ND TERM Price Determination II | Week 6
Lesson 6 of 12
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Price Determination II | Week 6

Performance Objectives:

By the end of this lesson, you should be able to:

  • Discuss income and cross elasticity of demand
  • List the types of income elasticity of demand and discuss how they apply to types of goods
  • Explain the Determination of Elasticity of demand
  • Discuss the Importance of elasticity of demand to the government and producers
Lesson Content
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