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Ch 12: Holt McDougal Economics Chapter 4.1: What Is Demand?

About This Chapter

The What Is Demand? chapter of this Holt McDougal Economics Companion Course helps students learn the essential lessons associated with demand. Each of these simple and fun video lessons is about five minutes long and is sequenced to align with the What Is Demand? textbook chapter.

How It Works:

  • Identify the lessons in the Holt McDougal What Is Demand? chapter with which you need help.
  • Find the corresponding video lessons with this companion course chapter.
  • Watch fun videos that cover the demand topics you need to learn or review.
  • Complete the quizzes to test your understanding.
  • If you need additional help, rewatch the videos until you've mastered the material or submit a question for one of our instructors.

Students will learn:

  • The definition for demand in economics
  • The law of demand
  • Price elasticity of demand
  • How to make a market demand schedule
  • What an individual demand curve is
  • Causes of shifts on the market demand curve

Holt McDougal is a registered trademark of Houghton Mifflin Harcourt, which is not affiliated with Study.com.

6 Lessons in Chapter 12: Holt McDougal Economics Chapter 4.1: What Is Demand?
Test your knowledge with a 30-question chapter practice test
Demand in Economics: Definition & Concept

1. Demand in Economics: Definition & Concept

Have you ever found yourself buying more of an item when it goes on sale, or less of it when the price increases? In this lesson, you will be introduced to one of the main concepts in economics - demand.

What is the Law of Demand in Economics? - Definition & Example

2. What is the Law of Demand in Economics? - Definition & Example

Learn about one of the most fundamental laws in economics and how it is ingrained in your thinking and actions. Hear about some examples that reinforce this powerful law and a few rare exceptions.

Price Elasticity of Demand in Microeconomics

3. Price Elasticity of Demand in Microeconomics

Discover the definition and formula for price elasticity of demand. See some real-world examples of how it is calculated, and find out what it means for demand of a good to be inelastic or elastic.

Market Demand Schedule

4. Market Demand Schedule

Demand can often drive the cost up or down for a product or service. In this lesson, you'll discover what demand is, what it looks like, and how market demand schedules are created.

Understanding the Individual Demand Curve

5. Understanding the Individual Demand Curve

Want to see how economics affects the decisions you make on a daily basis? This lesson on the individual demand curve helps to explain why we fall for marked-down holiday candy.

Calculating & Using the Market Demand Curve in Microeconomics

6. Calculating & Using the Market Demand Curve in Microeconomics

Wouldn't it be handy to producers if they had a way of determining the demand curve for a whole market in a given area? Luckily, the market demand curve gives them precisely such a tool.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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Other Chapters

Other chapters within the Holt McDougal Economics - Concepts and Choices: Online Textbook Help course

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