Economics

Unit 1 | Topic 3.2 | Shifts in Demand

Why does the demand curve shift?

Objectives

• Explain the difference between a change in quantity demanded and a shift in the demand curve.

• Identify the non-price determinants that create changes in demand and can cause a shift in the demand curve.

• Summarize examples of how a change in demand for one good can affect demand for a related good.

Procedure

1. Review the Aim and notes from your initial text read.

2. Participate in the corresponding lesson topic presentation, revising notes.

3. Watch corresponding video(s); further revising notes.

4. Complete teacher instructed assignments.

Extension

• Prepare for your next class session by reading the next topic section in your text, recording alphanumeric/Cornell notes.

• Complete the next topic's Interactive Reading Notepad.