1. Define the theory of demand What are the 3 laws of demand
(3 marks)
(3 marks)

2. Movements along the demand curve (an extension in demand)
Fill in the missing word
______________along the demand curve are caused by a change in ________.
An extension in demand is brought about by a ______in price.
(3 marks)
extension in demand
(12 marks)

3. Movements along the demand curve (a contraction in demand)
Fill in the missing word
______________along the demand curve are caused by a change in ________.
A contraction in demand is brought about by a ______in price.
(3 marks)
Contraction in demand
(12 marks)

4. Types of demand (6 marks) Match the key term and definition placing a number in the shaded box
1. Effective demand
A good that is in demand for more than one purpose, e.g. petrol for both cars and running machines.
2. Market demand
Where the demand for one good creates demand for another, e.g. cars and petrol. (have one and therefore need the other)
3. Aggregate demand
Where the demand for one good or service stimulates the demand for another, e.g. the demand for bread creates a demand for wheat. (need one to make the other)
4. Composite demand
Demand supported by the ability of consumers to carry out their demand wishes
5.Joint demand
The total demand for all goods and services in an economy
6.Derived demand
Total demand in a market for a good, the sum of all individuals’ demand at a given price over a period of time.

5. Shifts in the demand curve Fill in the missing words
The ________of_________ are forces behind market demand.
A change in any one of these will affect ________ demand .
Any changes in the factors of demand will cause the entire demand curve to _______ across.
A __________change in the factors of demand will cause the demand curve to shift across to the right.
A _________ change in the factors of demand will cause the demand curve to shift across to the left.
(6 marks)

6. The factors of demand List the 6 factors of demand
(6 marks)

7. A positive change in the factors of demand
Draw a diagram illustrating the impact of a positive change in the factors of demand, that is more is demanded at each price
(11 marks)

8. A negative change in the factors of demand
Draw a diagram illustrating the impact of a negative change in the factors of demand, that is less is demanded at each price
(11 marks)