Principles of Economics: Microeconomics - Supply and Demand Terminology

What is the difference between a change in demand and a change in the quantity demanded? The terminology can be confusing — but we’ll provide some clarity in this video. In short, a change in demand refers to a shift in the demand curve — 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 — caused by a change in price. ***TEACHER RESOURCES*** Supply and Demand 5-day HS unit plan: https://mru.io/kj1 Assessment questions: https://mru.io/principles-3f7f4 Econ In The News, a free weekly email of class-ready news articles: https://learn.mru.org/econ-news/ More high school teacher resources: https://mru.io/high-school-5cc41 More professor resources: https://mru.io/university-teaching-eb0b8 ***CONTINUE LEARNING*** Next video—Elasticity of Demand: https://mru.io/quantity-demanded-e9380 Practice questions: https://mru.io/supply-demand-2dd56 Full Microeconomics course: https://mru.io/0ul 00:00 Introduction 00:44 Change in Demand vs. Change in Quantity Demanded 01:12 Graph Example Comparison (Demand, Quantity Demanded) 02:07 Change in Supply vs. Change in Quantity Supplied 02:38 Graph Example Comparison (Supply, Quantity Supplied)