Demand

The economic principle referring to a consumer's desire to purchase goods and services and willingness to pay a price for a specific good or service. Holding all other factors constant, an increase in the price of a good or service will decrease the quantity demanded, and vice versa.

NewEcon Practice: Supply and Demand

This tool from Marginal Revolution University will ask students 10 questions about whether an event causes a shift in the demand curve or a shift in the supply curve. This tool is perfect for learning supply and demand, or for reviewing if you've already covered the topic!

NewFamous Economics Experiment Reproduced Thousands of Times

Caltech economists put supply and demand experiment from 1960s to the test

NewOn Demand | The Indicator

Before coronavirus hit, most of the U.S. GDP was driven by consumer demand for goods and services. And American demand for stuff drove growth all around the world.

Episode 993: Negative Oil | Planet Money

What just happened to the price of oil, and what does it tell us about the world?

Episode 987: The Race To Make Ventilators | Planet Money

Today on the show: ventilators — the supply and demand problem of the COVID pandemic.

Classroom Activity to Accompany the Supply and Demand Infographic

A classroom activity designed by the Federal Reserve Bank of Atlanta.

Demand, Supply and the Market

A lesson plan on demand, supply, and the market.

What are inferior goods?

An inferior good is a good or service where your demand goes down when your income goes up, and vice versa.

Deadweight Loss of Christmas

A video on deadweight loss and Christmas.

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