Economics A-Level
The law of demand
What The law of demand means in Economics A-Level, as defined for AQA.
Definition of The law of demand
Check what you remember
Read the wording for your board, then hide it and explain The law of demand in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
The inverse relationship between price and quantity demanded, whereby as price falls, quantity demanded increases.
Topics that use The law of demand
- The determinants of the demand for goods and services (AQA A-Level)
Related terms
- Ceteris paribus
- Conditions of demand
- Effective demand
- Substitutes and complements
- Consumer preferences
- Normal and inferior goods
- Quantity demanded
Using The law of demand in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
Practise Economics questions
Create a free account to answer exam-style questions on this topic and get feedback on your answers.
Start free
All Economics A-Level termsA week of Premium from your first lesson · Then the free plan continues · No card, no charge