Economics GCSE
Normal and inferior goods
What Normal and inferior goods means in Economics GCSE, as defined for AQA.
Definition of Normal and inferior goods
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Reference: AQA
For normal goods demand rises as income increases, while for inferior goods an increase in income leads to a decrease in demand.
Topics that use Normal and inferior goods
- Demand for goods and services (AQA GCSE)
Related terms
- Consumer behaviour
- Consumer income and preferences
- Decrease in demand
- Demand
- Demand curve
- Goods and services
- Non-price determinants
- Price and quantity relationship
Using Normal and inferior goods in the exam
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