A blog for CinciDood's (aka Atomic Kid, aka Jack Julian) microeconomics course at IUP. Refresh page to ensure you are reading the most current entries.
Sorry we didn't get to calculations on income elasticity, but when you compare it to price elasticity it is pretty similar.
I have placed a document on the I-drive entitled "Calculating Income Elasticity". It contains the information above plus a few example calculations.
posted by Atomic Kid at 7:20 PM
Assistant professor of economics at Indiana University of Pennsylvania. Notorious slacker, troublemaker and problem solver. I just want to be a good consumer. Ph.D. University of Cincinnati, M.A. Miami University, B.A. The Ohio State University, High School: Buchtel High School (Akron, Ohio) Member IUP Safe Zone.
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