PES [Price elasticity of Supply] | A Levels Economics (2020)

Hi all!

This is part 6 of the Microeconomics series, on Price elasticity of Supply. Essentially, this is the last elasticity concept you need to grasp which basically involves the elasticity of the supply curve. Likewise to PED, it will act as strong forms of evaluation when it comes to essay writing and is ultimately a pivotal part of Demand and Supply.

I will cover the shapes of the curves in another bonus video! This video will only cover the determinants of PES as well as definitions and calculations.

This content will be applicable to any student taking the A Levels in 2020 or 2021, particularly Economics.
This is applicable to A Levels H1 Economics and H2 Economics.

Check out PED, YED, and XED here!


Check out the previous part on everything you need to know about SUPPLY here!


Watch the whole Microeconomics playlist here!


Alternatively, check out the Macroeconomics series!


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