Glossary · Micro · Supply and demand

Demand shifters

The five things that move the whole demand curve: tastes, prices of related goods, income, buyers’ expectations and the number of buyers. Remember them as TRIBE. A change in the good’s own price is not on the list.

Also called: TRIBE, determinants of demand

Draw it yourselfTaught in: Shifts in Demand

Related terms

Shift of the curveSupply shiftersNormal goodSubstitutes

More from supply and demand

ComplementsDemand curveDemand scheduleDouble shiftIncome effectInferior goodInvisible handLaw of demand

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