ECONOMIC

S PROJECT
FILE
-SAKSHAM MISHRA

ROLL NO- 23

CLASS XI-A
 DEMAND
CONTENT
 Acknowledgement
 Introduction
 Demand
 Determinants of individual demand
 Determinants of market
 Demand function
 Demand schedule
 Demand curve
 Law of demand
 Conclusion
ACKNOWLEDGEM
ENT
I take this opportunity to express my deep
senses of gratitude to my honourable
principal Miss. Padmini Dubey and my
subject teacher Miss. Shilpa Sharma For
giving me this opportunity to do a project
on the topic “Demand”.

CERTIFICATE
This is to certify that “Saksham Mishra”
student of class XI-A has Successfully
completed his project Under the guidance of
“Miss. Shilpa sharma”

TEACHER’S SIGN

INTRODUCTION
The study of my topic is “DEMAND AND ITS
DETERMINANTS”. I have chosen this topic because
I want to analyse the practical availability of “law of
demand” and what to Context is applicable in real
world. Demand is one of the market forces determining
the price. The theory of demand is related to the
economic activities of consumers who want to seek
maximum satisfaction and maximum utility within the
limit set by his/her income. Demand analysis gives the
basic information.

DEMAND
Demand is the quantity of a commodity that a
consumer is willing and able to buy, as each
possible prices during a given period of time.
Demand of commodity may be either with respect
to an individual or the market demand.

INDIVIDUAL DEMAND
Individual demand refers to the quantity of a
commodity that consumer is or firm at a specific
price over a given period of time.

Market demand
Market demand refers to the quantity demanded by
all consumers or firms at a specific price in a given
period of time.

Determinants of market
demand
1.) Population size/number of
buyers
Demand increases with increase in population and decreases
with decrease in population this is because of the increase (or
 decrease) in population size. The number of buyers of the
product tend to increase (or decrease). Composition of
population also affects the demand. If composition of
population changes command example female population
increases, demand for goods meant for women will go up.

2.) Distribution of income

Market demand is also influenced by change in the
distribution of income in the society full if the income is
equitably distributed, there will be more demand. If income is
not equitably distributed, there will be less demand. In the
later case, more income will concentrate with the rich large
sectors of the society will be poor and because of its low
income, market demand will also be low.

Determinants of
individual demand

1.)Price of a given commodity

It is the most important factor affecting demand for given
commodity. Generally there exist an inverse relationship
between price and quantity demanded. Hit means as price
increases, quantity demanded false due to decrease in the
satisfaction level of consumers.
For example:-
If the price of a given commodity (tea) increases its quantity
falls as satisfaction derived from tea will fall due to rise in
price.

2.)