Educator at Unacademy. Postgraduate in Commerce. Loves to cook and sing. Lives in Assam. 

Antara Mahanta

The course covers all the aspects of Demands of a consumer.

CBSE Class 12

English

Theory of Consumer Behaviour

Consumer Equilibrium & Demand

Introductory Microeconomics

Economics

Ace in Class XI Examination by understanding all the concepts of Mathematics and Science, with these courses.

CBSE Class 11

Class 6-12

Become a topper in your school and ace your board exams by learning from best educators in the country

CBSE

CBSE (Central Board of Secondary Education)

This lesson is an overview of the course "Theory of Consumer Behaviour". It talks about the course and a rough idea of the topics that will be covered in this course.

Course Overview

This lesson is an introduction of the choice and alternative of a consumer. This lesson specifies the preliminary notations and assumptions that will made in this course.

Introduction

This lesson talks about the budget set and the budget line. Both the concepts are discussed with the help of graphical representations.

The Consumers Budget Part 1

In this lesson, the determination of the slope of the budget line is discussed along with the meaning of the points that lie below the budget line. Here, the effect of changes in the budget set in the budget line is also discussed.

The Consumer's Budget Part 2

This lesson talks about the preferences of the consumers in choosing the preferred bundles from all the possible bundles. Here, we also discuss about the monotonic preference of a consumer.

Consumer’s Preferences

This lesson is a discussion of the substitution. Here, the diminishing rate of substitution is also described.

Substitution between goods

This lesson is "all you need to know about indifference curve". This lesson includes the meaning, graphical representation, shape, slope of indifference curve. The lesson also talks about the marginal rate of substitution and the concept of indifference map with graphical representation.

Indifference curve

This lesson talks about the optimum choice of the consumer taking into account, the budget line and the indifference curves. This lesson also summarises the discussion of the problem of choice.

Optimal choice of the consumer

This lesson talks about demand of a customer. Here, the meaning, determinants, law and function of demand. Through graphical representation, we will also learn about the demand curve and the linear demand curve.

Demand

Here the types of goods are being discussed. One can learn the meaning of Normal, inferior, substitute and complementary goods through this lesson.

Types of goods

This lesson talks about the shifts in demand curve and movements along the demand curve. Here, the various reasons are given for the shifts of the demand curve and the movements along the demand curve. The lesson simplifies the topic with the graphical representations.

Shifts in demand curve

This lesson is on the topic - Market demand. Here, the meaning is discussed and the derivation of market demand with the help of graphical representation is also discussed.

Market demand

This lesson is a discussion of the elasticity of demand. The meaning of elasticity of demand along with the formula to calculate are being discussed here. The lesson is ended with a sum to calculate the price elasticity of demand.

Elasticity of demand

In this a continuation of elasticity of demand. Here, the types of elasticity of demand along a linear demand curve is being discussed. The factors determining the price elasticity of demand are also discussed in this lesson.

Elasticity of demand - II

This lesson talks about the relationship between elasticity and expenditure. This lesson is concluded with the concept of rectangular hyperbola.

Elasticity and expenditure

Priya Jain

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hello students i am aryan verma i am a bcom graduate and currently pursuing chartered accountancy course. master in economics .

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Lessons

15 lessons • 2h 40m

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Course Overview

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Introduction

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The Consumers Budget Part 1

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The Consumer's Budget Part 2

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Consumer’s Preferences

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Substitution between goods

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Indifference curve

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Optimal choice of the consumer

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Demand

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Types of goods

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