The Law of Demand.
Use the note slides #1-24 to understand the important economic concept of demand and demand curve shifts. After taking notes, view the video segments to help clarify the concept.
1. Define the law of demand and provide an example.
2. Draw a demand curve and schedule.
3. Identify the difference between a demand curve shift and movement along the curve.
4. Provide examples of determinants that can shift the demand either left or right.
Source: You Tube
Source: You Tube