is movement and shift in demand the same?

Answer 1

Movement usually refers to MOVEMENT ALONG THE DEMAND CURVE. It is a change in the equilibrium price and quantity that still lie on the same demand curve. Movement along the curve is due to changes in supply.

A SHIFT in demand is an actually repositioning of the demand curve represented by a different curve and by a different corresponding equation. These shifts are caused by factors such as a change in the price of a subsitute good (if the demand curve were linear, this would change the slope of the line, but would still constitute a shift) or an relative income change such as a tax on the good or a subsidy(which, if the curve were linear, ceterus paribus, would shift the curve left and right respectively).

Answer 2

No it's different.

Movement along demand curve happens when price changes and other things remains equal.

If price increase, quantity demanded will decrease.

If price fall, quantity demanded will increase.

This is what is termed as an inverse relationship between prices of goods/services and the quantity demanded of the goods/services.

Shift in demand curve happens when other factors change & price remain the same.

It's a comparison between the new demand curve & the old demand curve.

A shift in the demand curve to the right means that more quantities/services of goods are required as compared before.

On the other hand, a shift in the demand curve to the left means that less quantities of the goods/services are required as compared to before.

Determinants which cause the changes in demand are - income , weather , changes in lifestyle/fashion , age , married couples with/without children , traditional/religious customs.

Answer 3

No. both are different. Movement in demand is due to change in price of the product or service, while shift in demand is due to change in factors other than price like income of the consumer, taste, habit, price of substitute goods,etc. Movement is along the demand curve, while shift is shifting of demand curve to the right or left as the case may be.

Answer 4

A movement is something that has been precipitated to cause a response. A shift is a belief that, after study, is the natural way to go given the more popular vote.