| S. No. | Desire | Demand |
| (i) | Desire simply refers to the mere wish of a person to have a particular commodity. | Demand refers to a desire backed by the ability and willingness to pay for a particular commodity. |
| (ii) | A person can desire anything at any point of time. There are no limitations for a desire. | There are several limitations affecting demand like ability to pay, willingness to buy etc. |
| (iii) | There is no relation between desire with price, place and time. | Demand has relation with price, place and time |
| (iv) | Desire has a wider scope as it includes demand. | Demand has a narrow scope as it is a part of desire. |