What should you know:
1. The factors (variables) that influence demand (demand curve)
2. The difference between "Demand" and "Quantity Demanded"
3. Change in demand versus change in quantity demanded
4. The meaning of substitutes and complements in consumption
5. Income effect and Substitution effect of price changes.
6. The meaning of ordinary and inferior goods w/r income
7. Demand function, demand curve and demand schedule
8. The factors (variables) that infl