Канал: Economique

Engel Curve (Normal and Inferior Goods)

Engel Curve (Normal and Inferior Goods)

Income Consumption Curve (Normal and Inferior Goods)

Income Consumption Curve (Normal and Inferior Goods)

Price Consumption Curve

Price Consumption Curve

Total Utility and Marginal Utility (Tabular and Diagrammatic Explanation)

Total Utility and Marginal Utility (Tabular and Diagrammatic Explanation)

Inferior Goods and Giffen Goods- Isolation of Income and Substitution effects

Inferior Goods and Giffen Goods- Isolation of Income and Substitution effects

Inferior Goods and Giffen Goods

Inferior Goods and Giffen Goods

Income and Substitution Effect (Graphical Explanation)

Income and Substitution Effect (Graphical Explanation)

Corner Solutions in Indifference Curves

Corner Solutions in Indifference Curves

Strong Axiom of Revealed Preference Theory (Varian)

Strong Axiom of Revealed Preference Theory (Varian)

Weak Axiom of Revealed Preference Theory

Weak Axiom of Revealed Preference Theory

Revealed Preference Theory (A Detailed Explanation- Varian)

Revealed Preference Theory (A Detailed Explanation- Varian)

Revealed Preference Theory( A concise explanation- Pindyck and Rubinfeld)

Revealed Preference Theory( A concise explanation- Pindyck and Rubinfeld)

Consumer choice- explained with IC (MRS) and budget constraint (price ratio)

Consumer choice- explained with IC (MRS) and budget constraint (price ratio)

Utility (Cardinal Versus Ordinal Utility)

Utility (Cardinal Versus Ordinal Utility)

Well Behaved Preferences of IC (Monotonicity, convexity and averages being preferred to extremes)

Well Behaved Preferences of IC (Monotonicity, convexity and averages being preferred to extremes)

The Budget Constraint: Solved Numerical Questions

The Budget Constraint: Solved Numerical Questions

The Calculation of Marginal Rate of Substitution: A Numerical Example

The Calculation of Marginal Rate of Substitution: A Numerical Example

The Shapes of IC's- Perfect Complements, Perfect Substitutes, Bad and Neutral Goods

The Shapes of IC's- Perfect Complements, Perfect Substitutes, Bad and Neutral Goods

The Convexity of the Indifference Curve and the Marginal Rate of Substitution

The Convexity of the Indifference Curve and the Marginal Rate of Substitution

Consumer Preferences and Indifference Curves

Consumer Preferences and Indifference Curves

The Arc Elasticity of Demand (explained with a numerical example)

The Arc Elasticity of Demand (explained with a numerical example)

Elasticity of Demand (Solved Numerical Questions)

Elasticity of Demand (Solved Numerical Questions)

The Elasticity of Demand (Price, Cross and Income) and Supply

The Elasticity of Demand (Price, Cross and Income) and Supply

The Demand Curve, Supply curve and the Market Mechanism

The Demand Curve, Supply curve and the Market Mechanism

Production Function Explained

Production Function Explained

Production Possibility Curve (Production Possibility Frontier)

Production Possibility Curve (Production Possibility Frontier)

Economic Costs, Accounting costs and Economic Rent Explained

Economic Costs, Accounting costs and Economic Rent Explained

Understanding Opportunity Costs and it's Calculation

Understanding Opportunity Costs and it's Calculation

Budget Line: Microeconomics

Budget Line: Microeconomics

Basics of Budget Constraint: Microeconomics

Basics of Budget Constraint: Microeconomics