Change in Demand vs. Change in Quantity Demanded

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What is the difference between a change in quantity demanded and a change in demand?
This video is perfect for economics students seeking a simple and clear explanation.
A change in demand refers to a shift in the demand curve, which is caused by a number of factors such as income, population, etc. A change in quantity demanded refers to a movement along a fixed demand curve, which is caused by a change in price.
Master this concept by watching the video and then taking the practice questions.
**TEACHER RESOURCES**
Supply and Demand 5-day HS unit plan: mru.io/e99
Assessment questions: mru.io/hve
EconInbox, a free weekly email of class-ready news articles, videos, and more: mru.io/5rq
More high school teacher resources: mru.io/mgi
More professor resources: mru.io/ngh
**CONTINUE LEARNING**
Next video-Understanding the Supply Curve: Shifts and Producer Surplus: mru.io/jv0
Practice questions: mru.io/o0i
Full Microeconomics course: mru.io/gh7
00:00 The Difference, Explained
01:00 Change in Quantity Demanded Example
01:26 Change in Demand Example
02:01 Side by Side Comparison

Опубликовано:

7 авг 2024

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Комментарии : 83

@annefebalota3576 2 года назад

I was gonna cry , it was so confusing, I need to study and understand my module by myself and answer the worksheets after. Profs. Just upload modules because there's no face to face classes (* gonna be two years now). I'm glad I saw this. Thank you so much😭

@samjam1992feb 3 года назад

if it isn't for MRU I would never have fallen in love with economics.. and the affair is still going on.. thanks.. thanks a lot..

@LaFacedera 3 года назад

Same for me, MRU has been so helpful during my first year in college when I was learning my introductory micro and macro courses. Now I'm currently studying for my master in economics! I am so thankful for their content.

@jesslancaster3 2 года назад

This video alone just saved the semester for me… and it’s only day 1! Thank you for this, and I’ll be sure to keep watching!

@7SkiTtLeS13 3 месяца назад

This is my first week and my migraines are gone after this video lol

@iPlayBoyNo1 3 года назад

I am glad you guys are still making videos, I really like them, thanks! :)

@kaushikghosh3007 Год назад

very Impressive, the way most complicated and confusing terms are explained in mere 3 mins !! hats off to your Knowledge Sharing Skills :)

@7SkiTtLeS13 3 месяца назад

OMG!!! You have no idea how much this video has helped me understand the difference between these 2. Thank you so much for creating this video.

@rishabhnayyar7421 18 дней назад

The explanation in the ending makes this the best video. Period.

@YandaniMv 3 года назад

This channel is the best , Now I understand clearly.

@seanj758 10 месяцев назад

OMG thank you, this short vid shifted my understanding to an all-time high

@MarginalRevolutionUniversity 3 года назад

***TEACHER RESOURCES*** Supply and Demand 5-day HS unit plan: mru.io/9dr Assessment questions: mru.io/principles-b5a17 More high school teacher resources: mru.io/high-school-59021 More professor resources: mru.io/university-teaching-82b01 ***CONTINUE LEARNING*** Next video-Understanding the Supply Curve: Shifts and Producer Surplus: mru.io/look-supply-e9928 Practice questions: mru.io/sl3 Full Microeconomics course: mru.io/wsu

@benjaminzimba8719 8 месяцев назад

Absolutely, amazing 😍😘 I managed to get A+ in Economics because this video, am happy for your explanation.

@GutsAndGlory734 3 года назад

Lol I needed this, because I was introduced to these topics in class.

@priscillaidehenre3205 9 месяцев назад

This two terminologies sounded confusing until I watched this ,thank you so much .

@shrutisinha1706 Год назад

Love your contents...they are life savior for me....i wish i could have you as my teacher

@Varkdom2 3 года назад

Nice clear straight to the point explanation

@johnsonpur8556 Год назад

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@xscout9572 9 месяцев назад

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@BrickBuilderDaniel 11 месяцев назад

Saving me before my Econ quiz thanks!!

@jitshenwangmodorji8723 2 года назад

I hv economics exam tomorrow and this video saved my life !

@viviennechen5697 Год назад

Thank you so much you saved my tests!

@komagene3041 2 года назад

Thanks for expounding on this... fantastic

@leo-np6od 2 месяца назад

Thank you, this channel actually has Chinese subtitles, which has greatly benefited me.

@lukechan8460 2 года назад

this is more useful than my economics lecture

@ashleyashley369 2 года назад

Thank you very much, it is what I need

@myglowballs 5 месяцев назад

Just made this so easy

@gloriatagoe3497 3 года назад

Interesting,I would like to watch the next video in Economics

@Rhea-dn4up 7 месяцев назад

tysm!! i really suck at economics and this helped me understand it a bit

@sharmilavithanage2880 6 месяцев назад

Finaly i got from you. thank you

@AHLORDTONY 6 месяцев назад

Simple but great presentation

@afreenbasheer3773 2 года назад

Great videos sir thank you so much

@jvb5590 3 года назад

Thank you for this video! Please make more animated videos, explaining economics.

@MarginalRevolutionUniversity 3 года назад

You are welcome! We are working on more. In the meantime, have you seen our Principles courses? Micro: ru-vid.com/group/PL-uRhZ_p-BM4XnKSe3BJa23-XKJs_k4KY Macro: ru-vid.com/group/PL-uRhZ_p-BM52EbMG1NR1ZfG9tEvcxE4u -Roman

@quanliu2175 2 года назад

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@rajannepali5607 10 месяцев назад

Thank you Very much.

@bryanbernal3112 2 года назад

Amazing content!

@merakeemeraki6411 Год назад

Thanks

@florencecordjotse7300 3 года назад

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@shreosimondal1932 Год назад

Helpful for me..

@atrus9217 2 года назад

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@Britney-vq6fu Год назад

How did you do? Mine is tomorrow and i do not think i will do well

@atrus9217 Год назад

@@Britney-vq6fu Sorry for the late response, I got 73 out of 80 points. How did you do?

@Britney-vq6fu Год назад

@@atrus9217 its okay! Also good job. Sadly i got a 49.

@shobhapal6393 10 месяцев назад

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@rana8095 3 года назад

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@c.manuell0202 Год назад

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@brucesmith6868 3 года назад

Thanks Josh

@zainyamin9973 3 года назад

thank you!

@user-nd8ol9kx5m 3 месяца назад

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@tGoldenPhoenix 3 года назад

Thank you

@danielefr 3 года назад

Love your contents! What software do you use for the animated graphs? Thank you!!

@wthjun1or206 2 года назад

I think they use adobe.

@atulverma6718 2 года назад

Thank you sir

@atulshankar1224 2 года назад

Thankyou very much sir 🤍🖤

@user-sy3yh4se9z 3 месяца назад

I have to get the point here sir

@venustann1300 2 года назад

aaahhh so thankful for this vid!!! tysm for the simple and clear explanations :)

@jobethcrafton1119 Год назад

great video

@nazmaakhter6850 3 года назад

I am in love with these classse 🥰🥰🥰🥰

@MarginalRevolutionUniversity 3 года назад

Thank you! Don't forget the interactive practice: mru.org/courses/principles-economics-microeconomics/change-demand-vs-change-quantity-demanded/interactive-practice -Roman

@rushikamble4457 3 года назад

Good one

@chairlovawitabat 3 года назад

“Down and to the left”

@Banana-x 2 месяца назад

I love the jokes and explanation in 😊 the video

@M.Alturki 3 года назад

Ultimately in both cases the quantity would change right ? Weather it's due to price or income and other factors

@MarginalRevolutionUniversity 3 года назад

Yes, a shift in demand (assuming supply stays the same) would change the quantity as well. A little later in micro (after we cover supply shifts) we go over this distinction in more detail: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-BwNzl15NOTI.html -Roman

@wahidrahman7286 Год назад

Does quantity demanded increases when demand increased?

@Je.rone_ 3 года назад

New Subscriber here!!

@MarginalRevolutionUniversity 3 года назад

Welcome! -Roman

@fmartgallery1620 Год назад

❤️

@deathstroke8639 3 года назад

I have one question. Couldn't a decrease in price actually shift the demand to the right? For example, if the price of hot Cheetos were to decrease then wouldn't more people who bought other brands of chips then prefer to buy more hot Cheetos since its price is now lower? to make sure I get it, would this not count since we are measuring more than just the price? Since now we are adding another variable such as people preferring hot cheetos over any other brand because of the price. If this is true.....then when will we ever have a true change in quantity demanded alone? Since there is always a substitute for mostly everything meaning that a change in price can result to their demand to either shift to left or shift to the right.

@nebwachamp 3 года назад

Wtf

@celsiusfahrenheit1176 3 года назад

thaaaannnkk uuuuu

@felipe_serious_player 2 года назад

Receba,aqui é o cara da luva de predero

@nbaspinna8906 2 года назад

hi tyler

@harpreetmutt4862 Год назад

Thankyou so much bro

@ernestoglez6725 3 года назад

Soda 👍

@sagarmahobia5159 3 года назад

Cristiano Ronaldo sent shockwaves to the curve . 💣

@georgeverghese6970 3 года назад

It’s time to instigate martial law

@GoGreaterGood 3 года назад

IT'S SODA 😠😠😠

@ThePeterDislikeShow 3 года назад

I prefer to call it toilet bowl cleaner. Not a beverage to me.

@Mao_Yijie 2 года назад

I think that "Change in Quantity Demanded" indicates the quantitative change of the original product. "Change in Demand" shows the qualitative change of other related products. (refer to the soda case)