Demand and Law of demand | One Shot

DEMAND AND LAW OF DEMAND
H.L_AHUJA
Modern Microeconomics

0:00 Intro
1:48 Utility
6:00 Meaning of demand
8:47 Law of demand
10:19 Demand Schedule and Demand Curve
13:39 Market Demand Curve
14: 42 Reasons for the Law of Demand: Why does Demand Curve Slope Downward?
20:45 Exceptions to the Law of Demand
Goods having Prestige Value : Veblin Effect
23:24 Giffin Goods
24:40 DETERMINANTS OF DEMAND
Tastes and Preferences of the Consumers
Incomes of the People
Changes in the Prices of the Related Goods
The Number of Consumers in the Market
Changes in Propensity to Consume
Consumers’ Expectations with regard to Future Prices
Income Distribution
32:07 Extension and Contraction in Demand
34:18 Shift in the Demand Curve
35:41 Demand and Quantity Demanded
36:50 DEMAND FUNCTION AND DEMAND CURVE