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    Economics A-Level

    Demand

    What Demand means in Economics A-Level, as defined for Pearson Edexcel.

    Definition of Demand

    The quantity of a good or service that consumers are willing and able to buy at a given price in a given time period.
    Pearson Edexcel · How markets work (study guide)

    Topics that use Demand

    Related terms

    Using Demand in the exam

    Definition questions usually carry one or two marks, and examiners look for the precise wording. Write the definition from memory, check it against the version above, and then use the term in a longer answer on the same topic so it sticks.

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    All Economics A-Level terms