Demand Curve

Movements along the demand curve

Changes in quantity demanded caused only by a change in the price of a product.

Change in quantity demanded

Movement along the demand curve due to a change in the price of a product.

Demand

Shift of the demand curve due to factors other than price.

Factors that increase demand

Conditions that lead to a rightward shift of the demand curve.

Factors that decrease demand

Conditions that lead to a leftward shift of the demand curve.

Decrease in disposable income

A factor that can decrease demand.

Income tax rates rise

A factor that can decrease demand.

Price of a substitute falls

A factor that can decrease demand.

The product falls out of style

A factor that can decrease demand.

Consumer confidence falls

A factor that can decrease demand.

Population size decreases

A factor that can decrease demand.

Interest rates rise

A factor that can decrease demand.

Increase in disposable income

A factor that can increase demand.

Income tax rates fall

A factor that can increase demand.

Price of a substitute rises

A factor that can increase demand.

The product is on trend and in style

A factor that can increase demand.

Consumer confidence rises

A factor that can increase demand.

Population size increases

A factor that can increase demand.

Interest rates fall

A factor that can increase demand.

Impact on equilibrium $ and Q

The effect on price and quantity in the market due to shifts in demand.