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.
Recommended Citation
Crane, Steven E., "(3) Demand: Which Way Does It Matter?" (2010). Principles of Microeconomics. Paper 5.
http://epublications.marquette.edu/microecon_learning/5
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
COinS