change in demand

USAGE SUMMARY

"change in demand" is a valid phrase used in written English.
You can use it to describe when the amount of goods or services wanted by consumers varies. For example, "The change in demand for laptops has increased dramatically due to the increase in remote work."

✓ Grammatically correct

News & Media

Science

Encyclopedias

Human-verified examples from authoritative sources

Exact Expressions

50 human-written examples

This change in demand has significant environmental consequences.

The Guardian

Unfortunately, it is hard to pinpoint causes for a change in demand for housing.

The New York Times

"We certainly couldn't have anticipated any sort of seismic change in demand, which is what we have seen.

The Guardian - Books

Advertising executives have said they see little change in demand for ads in Ms. Stewart's magazines and on her television shows.

The New York Times

A change in one or more of these conditions causes a change in demand, which is reflected by a shift in the location of the demand curve.

Encyclopedia Britannica

A sharp change in demand or supply in any region of the globe is likely to show up in prices everywhere.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

9 human-written examples

Finally, just-in-time production means that firms can respond to changes in demand quickly.

The Guardian - Business

In the long run the extent of changes in demand and supply is usually greater.

Encyclopedia Britannica

And because those systems cannot adapt quickly to changes in demand, companies overprovide.

The Economist

Currently, altering services to meet changes in demand is very cumbersome.

The Economist

Speculation in commodity futures markets is creating volatile price movements that do not reflect true changes in demand and supply.

The Guardian

Expert writing Tips

Best practice

When discussing "change in demand", specify the context and factors influencing the change. For example, "The change in demand for electric vehicles is driven by environmental concerns and government incentives."

Common error

Avoid attributing a "change in demand" to a single cause without sufficient evidence. Demand is often influenced by multiple factors, such as economic conditions, consumer preferences, and technological advancements.

Linguistic Context

The phrase "change in demand" functions as a noun phrase, typically serving as the subject or object of a sentence. As Ludwig AI confirms, it is a grammatically sound construction used to describe alterations in the desire or need for goods or services.

Expression frequency: Very common

Frequent in

News & Media

35%

Science

30%

Encyclopedias

10%

Less common in

Formal & Business

10%

Wiki

5%

Academia

5%

Ludwig's WRAP-UP

In summary, "change in demand" is a commonly used and grammatically correct phrase that describes alterations in the desire or need for goods or services. Ludwig AI confirms its validity and wide acceptance. It's crucial in economic discussions, market analysis, and business strategies. The phrase appears most frequently in news and media, science, and encyclopedias. When using this phrase, it is important to consider the context and factors influencing the change to avoid oversimplification or inaccurate attributions. Related terms like "shift in demand" or "modification in demand" offer subtle variations in meaning that can be useful in different contexts.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

shift in demand

This alternative uses "shift" instead of "change", implying a movement or alteration in demand.

modification in demand

Using "modification" suggests a more specific or controlled alteration in demand.

alteration in demand

"Alteration" implies a change, often a slight or superficial one, in demand.

variation in demand

This phrase suggests that the demand is fluctuating or changing over time.

fluctuation in demand

"Fluctuation" implies irregular or erratic changes in demand.

increase in demand

This phrase specifies the direction of the change, indicating a rise in demand.

decrease in demand

This phrase specifies the direction of the change, indicating a drop in demand.

demand adjustment

Using "adjustment" highlights the act of modifying or adapting to changes in demand.

changing demand

This is a more concise way to refer to demand that is in the process of changing.

evolving demand

"Evolving demand" suggests a gradual and continuous transformation of demand.

FAQs

What does "change in demand" mean in economics?

In economics, "change in demand" refers to a shift in consumer desire to purchase a particular good or service, irrespective of a variation in its price. This shift can be triggered by many factors, including changes in consumer income, tastes, or the availability of substitutes.

What factors can cause a "change in demand"?

Several factors can cause a "change in demand", including changes in consumer income, consumer tastes and preferences, expectations about future prices or availability, the price of related goods (substitutes and complements), and changes in population or demographics.

How does a "shift in demand" affect the equilibrium price?

A "shift in demand" affects the equilibrium price by causing it to either increase or decrease. An increase in demand leads to a higher equilibrium price, while a decrease in demand leads to a lower equilibrium price, assuming supply remains constant.

Is "change in demand" the same as "change in quantity demanded"?

No, "change in demand" is not the same as "change in quantity demanded". A change in demand refers to a shift of the entire demand curve, caused by factors other than price. A change in quantity demanded, on the other hand, is a movement along the demand curve, caused solely by a change in price.