I am always struggling with teaching this one.
The terminology of standard intro textbooks is unfortunate, although it's so pervasive that we probably have to live with it.
- By a "Demand", intro textbooks really mean a "Demand function" (but talk about "Demand" either for concision, or because they think the word "function" will scare intro students).
- Having shied away from calling a function a function, intro textbooks then cannot speak of "the demand at price $P$" (just like you would speak of the value of $f(\cdot)$ at $x$), and need to introduce the awkward terminology "quantity demanded at price $p$".
That's an ok compromise, until you reach the usual section on "changes in the quantity demanded v. changes in demand".
There, students are often told that we should only talk of a "change in the quantity demanded" if the demand function $D$ is fixed, and that such "changes in the quantity demanded" must be the consequence of a change in price only (typically following a change in supply).
Then how can I speak of the comparison between $D(P) > \tilde{D}(\tilde{P})$ without being terribly confusing to my students?
If I say,
1) "Following a change in demand from $D$ to $\tilde{D}$, the equilibrium price changed from $P$ to $\tilde{P}$ and the quantity demanded therefore changed from $D(P)$ to $\tilde{D}(\tilde{P})$",
I think I am guaranteed to confuse the hell out of them, because the textbook essentially tells them that "we should never talk of a 'change in quantity demanded' unless the demand function remains unchanged".
At the same time, is there any other ways to formulate 1)?
- Should I use a different word and speak, e.g., of a "move" or a "movement" in quantity demanded from $D(P)$ to $\tilde{D}(\tilde{P})$ to avoid any confusion with a "change in quantity demanded".
- Or is it better to be explicit about the ambiguity?
- Or is it better to try and avoid the issue as much as possible?
What is your experience teaching this? What are your tricks to get around this terminological difficulty? (Or, maybe, why do you think it is not a terminological difficulty at all?)