Learning Contents: ·              Effect of Income change on the Demand For Normal goods. ·              Effect of Income change on the Demand For Inferior goods. Introduction The demand for a good is related to the income of the consumer. Usually, a consumer purchases more of a good when his income rises. But there are some exceptions where a consumer buys less or no goods even if his income rises because it depends on what kind of goods is he willing to buy?   This effect of change in consumer’s income on the demand for various goods can be studied in the following situations: 1. Normal goods 2. Inferior goods 1. Normal Goods Most of the goods that consumer purchases are normal (superior) goods. Some examples are television, smartphones, air conditioners, etc. Their demand is positively related to the income of the consumer. As income rises, the demand for normal goods also rises. If income falls, their de