Khan Academy: The Demand Curve: Change in Expected Future Prices and Demand

Explains how demand can be affected by changes in income, population or preferences.

In this exercise, practice using the graphical model of the Phillips curve.

This video examines what happens to quantity demanded when the price changes. [8:43]

Video lecture explores how changes in the price of related goods can shift demand. [5:48]

Looks at an example of the law of demand. [8:16]

Explains how the demand for some goods could actually go down if incomes go up. [5:56]

How do people respond when the price of an item increases? Do they want more or less of that item? Young economists investigate the impact of the law of demand on the economy. A short video highlights the concept of prices in relation to...

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