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Demand
Understand the concept of demand, including how to define it and create relevant diagrams to illustrate it.
4
Objectives
40
Flashcards
28
Questions
90 min
Study time
CambridgeIGCSEEconomicsThe allocation of resources
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Demand outcomes4 objectives
- Understand the concept of demand, including how to define it and create relevant diagrams to illustrate it.
- Learn how price affects demand and quantity, including how to draw a demand curve and explain movements along it using terms like extensions and contractions in demand.
- Explore the relationship between individual demand and market demand, focusing on how individual demands combine to form market demand.
- Examine the factors that cause shifts in the demand curve, using appropriate terminology such as increases and decreases in demand.
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DefineDescribeAnalyseExplainIdentifyDiscuss
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