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Students are given a list of products and must find information on their price elasticity of demand using the internet. They then discuss in groups why some products have high elasticity while others have low elasticity.

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Divide the class into two groups. One group will argue that necessities have low price elasticity, while the other group will argue that luxury items have high price elasticity. Each group presents their arguments and evidence.

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Students are given different price and quantity demanded data sets and asked to plot the demand curve and calculate the price elasticity at different points on the curve.

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Provide case studies of various goods and services with different income elasticities. Students analyze and present how a change in income levels affects the demand for these goods.

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Students interview local business owners or managers about how changes in local income levels have affected the demand for their products. They report their findings to the class.

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Create a simulation where students role-play as consumers with different income levels. They decide how to allocate their budgets based on changes in their income and the elasticity of demand for different products.

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Students are given a 'market basket' of goods and must determine how the change in the price of one good affects the demand for others. They calculate the cross elasticity of demand between these goods.

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Set up a classroom experiment with different stations representing different markets. Students simulate purchasing decisions and observe how changes in one market affect demand in another.

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Provide students with graphs showing the relationship between two complementary or substitute goods. They analyze and interpret the cross elasticity of demand shown on the graphs.

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Students create a concept map connecting the different types of elasticity of demand (PED, YED, XED). They illustrate and explain the relationships between the concepts.

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Students participate in an interactive online quiz focused on the different aspects of elasticity of demand. Use tools like Kahoot or Quizizz to gamify the learning process.

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Invite an economist or local entrepreneur to talk about the practical implications of elasticity of demand in their field. Students prepare questions in advance and write reflections on the session afterward.