Micro: Unit 1.1 -- Demand
Hey Everyone! I'm Mr. Willis, and You Will Love Economics! In this video, I will: - Define market demand and explain the factors that contribute to the inverse relationship between price level and quantity demanded - Explain changes in quantity demanded as price level changes, leading to a downward- sloping demand curve - Identify the 5 components of market demand (P.I.N.E.T.) and discuss how several factors can influence demand - Analyze changes in the components of market demand, predict the effects of those changes, and then graph the changes on a demand graph Are you looking to teach this topic in your class? We have designed an activity to fit perfectly with this video: https://www.teacherspayteachers.com/Product/Market-Demand-Activity-3846128 Follow our store on Teachers Pay Teachers https://www.teacherspayteachers.com/S... Look for us on Social Media: Instagram -- http://www.instagram.com/youwillloveh... Facebook -- http://www.facebook.com/youwilllovehi... Subscribe to our YouTube Channel: https://www.youtube.com/youwillloveeconomics Check out our website for teaching tips and insight from us- https://sites.google.com/view/you-will-love-history/home
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