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Demand functions

Unit 2: Market Equilibrium and EfficiencyTopic 1 of 5
Browse the Microeconomics for Business syllabus

Microeconomics for Business

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What the syllabus expects

  • Types and determinants
  • Movement along and shifts of demand curves

Demand functions

Bachelor of Business Studies (BBS) — First Year

Subject: Microeconomics for Business (MGT 207)

Unit 2: Market Equilibrium and Efficiency

Academic Year: 2083/84

Topic Objectives

After studying this topic, students should be able to:

  • Explain the scope and key elements of demand functions.
  • Explain the economic reasoning and use appropriate diagrams or relationships in business analysis.

Curriculum Scope

  • Types and determinants
  • Movement along and shifts of demand curves

Detailed Microsyllabus

  1. Demand functions

    1. Individual and market demand.
    2. Demand determinants and the demand relationship.
    3. Demand schedules, curves and functional representation.

  2. Demand changes

    1. Movement along a curve following own-price change.
    2. Shifts caused by nonprice determinants.
    3. Distinguish changes in quantity demanded from changes in demand.

Curriculum reference: Tribhuvan University, Faculty of Management, BBS curriculum with first-year syllabus, PDF pages 17-19.

Source note: The curriculum scope above is retained from the existing TU syllabus breakdown. The numbered study subtopics are editorial elaborations for teaching and study, rather than a separately issued TU syllabus. Unit lecture hours apply to the whole unit; no separate topic hours or marks are assigned here. The programme subject list identifies this course as MGT 207; the detailed subject heading in the source prints MGT 203.