Demand Theory

Learning Concept(s)

Consumer Demand Theory, Normal Goods, Inferior Goods, Individual's Demand Schedule, Individual's Demand Curve, Law of Demand, Substitution Effect, Income Effect, Giffen Good, Change in the Quantity Demanded, Change in Demand, Market Demand Curve, Market Demand Function, Bandwagon Effect, Snob Effect, Monopoly, Perfect Competition, Durable Goods, Demand Function Faced by a Firm, Derived Demand, Producers' Goods, Price Elasticity of Demand, Point Price Elasticity of Demand, Arc Price Elasticity of Demand, Total Revenue, Marginal Revenue, Income Elasticity of Demand, Point Income Elasticity of Demand, Arc Income Elasticity of Demand, Cross-price Elasticity of Demand, Arc Cross-price elasticity of Demand, E-commerce

Covered in Course(s)

BUSS230 - Managerial Economics