Economics GCSE
Decrease in demand
What Decrease in demand means in Economics GCSE, as defined for AQA.
Definition of Decrease in demand
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Reference: AQA
A leftward shift of the demand curve, caused by factors such as falling incomes, cheaper substitutes, more expensive complements, negative publicity, or demographic changes.
Topics that use Decrease in demand
- Demand for goods and services (AQA GCSE)
Related terms
- Consumer behaviour
- Consumer income and preferences
- Demand
- Demand curve
- Goods and services
- Non-price determinants
- Normal and inferior goods
- Price and quantity relationship
Using Decrease in demand in the exam
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