2.1.6—Movements and shifts in demand
- Syllabus
- First assessment 2022
- Objective
- 2.1.6
- Level
- HL
A movement along demand is caused by the good’s own price changing; a shift is caused by a non-price determinant changing.
A movement changes quantity demanded on one curve, while a shift changes demand at every price. Confusing them reverses the diagram and explanation.
Ask “did this good’s price change?” If yes, move along; if not, test income, tastes, related goods or expectations.
A fall in cinema ticket price moves down the curve; a successful film campaign shifts demand right.
A change in demand is not interchangeable with a change in quantity demanded.