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

Main Article Content

Luis Francisco Gómez López

Abstract

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.

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Author Biography

Luis Francisco Gómez López, Military University 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

How to Cite

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

References