What Shifts the Demand Curve?

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  • เผยแพร่เมื่อ 28 มิ.ย. 2024
  • 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
    High school teacher resources: mru.io/fa9
    Professor resources: mru.io/crx
    Next video: mru.io/1ax
    Practice questions: mru.io/7x8
    Full microeconomics course: mru.io/txu
    ---
    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

ความคิดเห็น • 43

  • @whatisthis6259
    @whatisthis6259 ปีที่แล้ว +6

    I cross referenced other websites, and schools and their information is legit. You helped me so much! I’m not the type of person who learns by somebody just talking, or reading. I need something to grasp my attention like a video! Showing some art in a cartoony kind of way to grasp my attention to make sure that I UNDERSTAND what is being told.

  • @tierneyeducation
    @tierneyeducation ปีที่แล้ว +6

    Switched my channel over to a brand account so my marketing friend can have access. That makes all my old comments go away! So I want to say, again, that this is a great video and all of your stuff rocks. Great resources.

  • @abhilashkhajuria
    @abhilashkhajuria ปีที่แล้ว +8

    Hands down best economics professors 👌

  • @T_AdityaSharma
    @T_AdityaSharma ปีที่แล้ว +3

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

  • @9127candy
    @9127candy ปีที่แล้ว +8

    This is such an amazing channel!! You guys deserve more subscribers and views!!! Wondering how you guys maintain while putting all these courses free to access. Immense kudos and gratitude from students in Hong Kong.💓

  • @user-jz2mu2jb9i
    @user-jz2mu2jb9i 11 หลายเดือนก่อน +2

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

  • @jaheimthomas2347
    @jaheimthomas2347 ปีที่แล้ว +2

    Amazing Video! Very Informative and to the point!

  • @user-ej9vy8kq6p
    @user-ej9vy8kq6p 10 หลายเดือนก่อน

    Amazing Video! Direct and to the point.

  • @husnaothman4400
    @husnaothman4400 6 หลายเดือนก่อน

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

  • @diriyemuxamod6635
    @diriyemuxamod6635 ปีที่แล้ว +2

    Thanks for the informative, easily explained and Interesting videos. You just need better music In the beginning. Allah God's blessings to you all.

  • @sayedasmarrasooli4896
    @sayedasmarrasooli4896 ปีที่แล้ว

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

  • @user-sz1co1to1n
    @user-sz1co1to1n 9 หลายเดือนก่อน +2

    Thanks your for your exellent explanation

  • @faddeen2255
    @faddeen2255 ปีที่แล้ว +1

    This new version is so good...

  • @alexmason9397
    @alexmason9397 ปีที่แล้ว +2

    Yay they're back

  • @ahlimanabdullayev8497
    @ahlimanabdullayev8497 8 หลายเดือนก่อน

    Well explained, thanks

  • @urgirltee9706
    @urgirltee9706 3 หลายเดือนก่อน

    Well elaborated 👏🏾👏🏾👏🏾

  • @zacharyjulien2952
    @zacharyjulien2952 ปีที่แล้ว +1

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

  • @roydesilva7684
    @roydesilva7684 8 หลายเดือนก่อน

    Thank you so much❤

  • @user-ok7sd6ls4p
    @user-ok7sd6ls4p 11 วันที่ผ่านมา

    This is a good advice learning😊😊😊❤❤

  • @Englishwithjack8844
    @Englishwithjack8844 ปีที่แล้ว +7

    Such an amazing channel ❤ 💖 👏 😍 💕 ♥

    • @lenamueller8088
      @lenamueller8088 ปีที่แล้ว +5

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

    • @thomasbates9189
      @thomasbates9189 ปีที่แล้ว +2

      It was very helpful during my undergrad!

  • @clementkapotwe4883
    @clementkapotwe4883 ปีที่แล้ว

    You are the best

  • @4yoeyezonlee540
    @4yoeyezonlee540 3 หลายเดือนก่อน

    Nice.

  • @MarginalRevolutionUniversity
    @MarginalRevolutionUniversity  ปีที่แล้ว +1

    Teach econ? Check out our FREE Supply and Demand 5-day HS unit plan: mru.io/ux5
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  • @kollo3457
    @kollo3457 ปีที่แล้ว +1

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

  • @sofiamartins1255
    @sofiamartins1255 7 หลายเดือนก่อน

    👏👏

  • @philia5042
    @philia5042 7 หลายเดือนก่อน

    4:42 pregnancy tests??

  • @Niglnws
    @Niglnws 11 หลายเดือนก่อน +1

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

  • @brianna8447
    @brianna8447 3 หลายเดือนก่อน

    I love u

  • @andyosully
    @andyosully ปีที่แล้ว +23

    The class the fed skipped in school.

    • @The_Wailing_Doom
      @The_Wailing_Doom ปีที่แล้ว +2

      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
      @andyosully ปีที่แล้ว +4

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

    • @mikali1704
      @mikali1704 ปีที่แล้ว +2

      @@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!

  • @chrisbaker2669
    @chrisbaker2669 ปีที่แล้ว

    I think you missed the biggest way to increase demand for a product which is advertising.

  • @emmanuelwood8702
    @emmanuelwood8702 11 หลายเดือนก่อน

    Hamburgers are not keto , the bun makes it a high carb meal.

  • @mynameisnotimportant2854
    @mynameisnotimportant2854 3 หลายเดือนก่อน

    Dead ringer of Harvey Weinstein 😮

  • @tristanhanks2037
    @tristanhanks2037 หลายเดือนก่อน

    No hate, great video, but dude sounds like a self checkout machine

  • @lrmorrison999
    @lrmorrison999 ปีที่แล้ว

    I did not subscribe to this channel, yet it says I’m subscribed. TH-cam is playing games. 🤨👎

  • @FlamingBasketballClub
    @FlamingBasketballClub ปีที่แล้ว +1

    This channel fell off harder than the Jerry Springer Show.