Demand
CBSE Class 11 Micro Economics — Demand chapter covering meaning, determinants, demand function, law of demand, and related goods.
Topics(6)
Meaning of Demand: Desire, Want & Demand
Understanding the meaning of demand in economics, the distinction between desire, want and demand.
Determinants of Individual & Market Demand
Factors affecting individual demand and market demand.
Demand Function, Schedule & Curve
Mathematical function, tabular schedule, and graphical curve of demand.
Law of Demand
Statement, assumptions, derivation, reasons, and exceptions to the Law of Demand.
Movement Along & Shift in Demand Curve
Distinction between movement along and shift in the demand curve.
Related Goods & Kinds of Demand
Substitute and complementary goods, normal/inferior/necessity goods, and the 9 kinds of demand.