What Shifts the Demand Curve?

Рет қаралды 144,478

Күн бұрын

What are the factors that cause the demand curve to shift to the left or to the right? What does it mean when demand shifts?
An increase in demand means an increase in the quantity demanded at every price. Similarly, a decrease in demand means a decrease in the quantity demanded at every price.
This video looks at real-world examples of some important demand shifters, such as changes in income (both for normal and inferior goods), population, tastes, the price of related goods (both for substitutes and complements), and expectations.
TEACHER RESOURCES
FREE Supply and Demand 5-day HS unit plan: mru.io/4bh
Supply, Demand, & Equilibrium assessment questions: mru.io/vh1
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Professor resources: mru.io/crx
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Full microeconomics course: mru.io/txu
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00:00 - Intro
00:23 - Increase in Demand
01:39 - Decrease in Demand
02:16 - 5 Demand Shifters
02:56 - Income: Normal Goods
03:34 - Income: Inferior Goods
04:06 - Population
04:45 - Tastes
05:33 - Related Goods: Substitutes
06:48 - Related Goods: Complements
07:55 - Expectations
09:00 - Next Steps

Пікірлер: 42

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@9127candy Жыл бұрын

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@T_AdityaSharma Жыл бұрын

This was such a good explanation, understood everything 4hrs before the exam

@user-jz2mu2jb9i 10 ай бұрын

Thank you so much. The lesson is easy to understand, with vivid illustration!

@MarginalRevolutionUniversity Жыл бұрын

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@jaheimthomas2347 Жыл бұрын

Amazing Video! Very Informative and to the point!

@user-sz1co1to1n 8 ай бұрын

Thanks your for your exellent explanation

@user-ej9vy8kq6p 9 ай бұрын

Amazing Video! Direct and to the point.

@husnaothman4400 5 ай бұрын

Thank YOU!!!! I did not understand by just reading my textbook u explaining it so well!!!

@sayedasmarrasooli4896 Жыл бұрын

amazing! many thanks for making these types of videos wish you the best

@urgirltee9706 2 ай бұрын

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@diriyemuxamod6635 Жыл бұрын

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@faddeen2255 Жыл бұрын

This new version is so good...

@ahlimanabdullayev8497 8 ай бұрын

Well explained, thanks

@alexmason9397 Жыл бұрын

Yay they're back

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@lenamueller8088 Жыл бұрын

I agree, explained everything well and it's easy to call back memories from a lesson

@thomasbates9189 Жыл бұрын

It was very helpful during my undergrad!

@roydesilva7684 8 ай бұрын

Thank you so much❤

@zacharyjulien2952 Жыл бұрын

this is super helpful. Could you guys also do one for supply curve shifters

@clementkapotwe4883 11 ай бұрын

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@kollo3457 Жыл бұрын

I didn’t even realize this video was new. I am watching the 7 year old playlist.

@MarginalRevolutionUniversity Жыл бұрын

We're constantly updating our core playlists! More to come. -Roman

@4yoeyezonlee540 2 ай бұрын

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@sofiamartins1255 6 ай бұрын

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@Niglnws 11 ай бұрын

Is it more accurate to say "hotdogs and burgers give the same satisfaction even at different prices?"

@brianna8447 3 ай бұрын

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@philia5042 6 ай бұрын

4:42 pregnancy tests??

@andyosully Жыл бұрын

The class the fed skipped in school.

@The_Wailing_Doom Жыл бұрын

Interesting that you (supposedly) watched this video and still don't understand how the principle of supply and demand works. If the price of things goes up by, let's say, the Fed making it more expensive to borrow money, demand decreases. Lower demand means lower prices. Hence, by cooling demand, the Fed counters inflation.

@andyosully Жыл бұрын

@@The_Wailing_Doom The fed prints money, which messes up the value of money.

@mikali1704 Жыл бұрын

@@andyosully not just that, but they do everything they can to make deflation impossible to become, which would help many people around the world and make money flow more natural altogether. Gotta keep debt rising and harder to pay off! As well as buying your own house!