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Cambridge IGCSE Economics

2.6Price elasticity of demand (PED)

Price elasticity of demand (PED) in Cambridge IGCSE Economics: what the syllabus expects you to know, the learning objectives and how to practise.
Subtopic52 practice questions3 lessons

In this topic

Lessons

  • Price elasticity of demand: calculating and interpreting PED

    30 min

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  • What makes demand elastic or inelastic

    20 min

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  • PED, consumer spending and total revenue

    30 min

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Sample question

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Price elasticity of demand (PED): sample question

1 mark

Demand for which good is most likely to be price inelastic?

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