Economics B A-Level
Shift of the demand curve
What Shift of the demand curve means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Shift of the demand curve
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Reference: Pearson Edexcel
Occurs when a non-price determinant of demand changes, such as consumer income, tastes, or the prices of substitute goods.
Topics that use Shift of the demand curve
- Demand (Pearson Edexcel A-Level)
Related terms
- Complementary goods
- Non-price determinants
- Opportunity cost
- Rational decision making
- Utility maximisation
- Contraction of demand
- Extension of demand
- Movement along the demand curve
Using Shift of the demand curve in the exam
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