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You need a lot more specific topic (i.e. choose a specific product) then you can consider Income elasticity of demand or even whether the good is considered a normal good or inferior (using income elasticity and cross price elasticity of demand through surveys etc.). When I was writing my economics EE I remember reading the IB guidelines (in the EE document) which mentioned 'calculating' elasticity is discouraged as an EE topic (though I don't remember clearly). If you haven't fullly decided on your topic - I would consider something from theory of the firm. Remember you MUST collect primary data if you want to succeed in an economics EE.

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