Title

(3) Demand: Which Way Does It Matter?

Topic Category

Demand

Publication Date

2010

Keywords

Demand Function, Demand Curve, Sign Expectations, Direction of Relation

Abstract

This discusses the direction of the relationship between quantity demanded and its primary driving influences. Another way of saying this is that the sign expectations for each driver of demand are examined.

Run Time

10:03

Primary Discipline

Microeconomics

Skills Delivered

Ability to explain how an increase/decrease in a demand driver causes demand to either increase or decrease. Ability to explain the logic behind these linkages.

Rigor Level

2000

Prerequisites

Previous Demand Videos

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