The concept of elasticity and strategies for teaching it in introductory courses of economics

  • Luis Francisco Gómez López Universidad Militar Nueva Granada
Palabras clave: Elasticity of demand; elasticity of supply; undergraduate teaching

Resumen

This article presents a geometric and algebraical approach to teach the concept of elasticity for
undergraduate students with different levels of knowledge in mathematics and pointing out why
it is necessary to introduce it from the idea of he slope of a function. To achieve this objective a
short review of the literature of the main properties associated with elasticity is carried out, without
separating them from their historical development, to illustrate a way of presenting the concept
in a discrete or continuous way and using geometric arguments or algebraic expressions. Due to
the flexibility of the concept, and taking into account the previous knowledge of the student, it is
concluded that this approach is a more adequate way to teach the concept.

  • Referencias

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  • Biografía del autor/a

    Luis Francisco Gómez López, Universidad Militar Nueva Granada

    Economist, Universidad de los Andes, Bogotá, Colombia. Master’s Degree in Economics, Universidad de los
    Andes, Bogotá, Colombia. Professor, Facultad de Estudios a Distancia, Universidad Militar Nueva Granada,
    Cajicá, Colombia. E-mail: luis.gomezl@unimilitar.edu.co

Publicado
2019-04-01
Cómo citar
Gómez López, L. F. (2019). The concept of elasticity and strategies for teaching it in introductory courses of economics. SEMESTRE ECONóMICO, 22(51), 149-167. https://doi.org/10.22395/seec.v22n51a7

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