IGCSE Economics: Chapter 2.2 Demand (Updated for 2027 syllabus)

Описание: #IGCSEEconomics #Demand #EconomicsRevision
Master IGCSE Economics Chapter 2.2 with this comprehensive Demand tutorial, updated for the 2027 syllabus, covering all the essential keywords you need: demand definition, individual demand, market demand, link between individual and market demand, demand diagram, drawing and interpretation of demand curves, movements along demand curve, extensions and contractions in demand, shifts of demand curve, increases and decreases in demand, causes of demand changes, and demand analysis. This video uses clear explanations, diagrams, and real-world examples to help you understand how consumer behavior drives market demand and affects resource allocation. Perfect for IGCSE students who want to master demand theory, excel in their exams, and confidently tackle exam questions on consumer demand patterns and market dynamics!

Timestamps
00:00 - Intro
00:14 - Demand
00:42 - Individual and market demand
01:07 - The demand curve
01:33 - Individual and market demand curves
02:07 - Extension in demand curve
02:34 - Contraction in demand curve
03:11 - Shifts in demand
04:07 - Outward shift
04:37 - Inward shift