Caption: A comparison of the Doppler effect (or shift) and the cosmological redshift for electromagnetic radiation (EMR). The observer is the Sun.
Features:
The Doppler effect is a shift in wavelength/frequency depending on the relative motion of two observers in a single inertial frame. It's treatment when the two observers are accelerated with respect to each other can be somewhat tricky (see Wikipedia: Transverse Doppler effect).
The expansion of the universe is a growth of space itself, NOT an ordinary motion.
So the cosmological redshift is NOT a Doppler effect though it is a related phenomenon. One can, in fact, derive the cosmological redshift from the Doppler effect by considering the continuous Doppler shift as EMR propagates across the continuum of local inertial frames making up expanding universe: i.e., the comoving frames of the expanding universe (Li-38--39). So there is an argument for calling the cosmological redshift a Doppler effect, but yours truly doesn't buy it.
Two observers at rest in their respective comoving frames observe the cosmological redshift. If they are in motion relative to their comoving frames, there are superimposed Doppler shifts.
We do the derivation of the cosmological redshift from the Doppler effect in the extended file Cosmology file: cosmological_redshift_doppler_shift_4.html which could be this file in which case the derivation is below. There is also a direct general relativity derivation (Li-127--129).
Yours truly thinks this 1st-order agreement shows that growth of space and free-fall motion in the classical limit do become the same thing somehow in the classical limit. Yours truly could be wrong.
Δλ/λ = v/c ,where λ is initial or final wavelength (there is no 1st-order difference), Δλ is the change in wavelength, v is the line-of-sight relative velocity counting increasing/decreasing separation as positive/negative relative velocity, and vacuum light speed c = 2.99792458*10**8 m/s.
The 1st-order formula is valid in the limit that v/c << 1.
Note the 1st-order formula is NOT a differential equation and CANNOT be used for recover the full relativistic Doppler effect (see Wikipedia: Relativistic Doppler effect: Relativistic longitudinal Doppler effect).