Lesson 3 of 12 • 13 upvotes • 13:13mins
This lesson is about the central problem of an Economy or we can say that Economic problems related to Allocation of Resources and scarcity of resources. what to produce how to produce and for whom to produce. Hope you enjoy watching this lesson. Thank you
12 lessons • 2h 22m
Introduction - Economy and Economics
12:31mins
Production Possibility Curve
12:00mins
Central Problems of an Economy ( Economic Problems)
13:13mins
Opportunity Cost and Marginal Opportunity Cost
11:21mins
Nature of Economics
8:02mins
Consumer Equilibrium- introduction
12:27mins
Consumer equilibrium utility approach( cardinal )
11:26mins
Consumer Equilibrium Ordinal Approach - Indifference Curve.
11:33mins
Features or Characteristics of Indifference Curve.
13:35mins
Consumer Equilibrium ordinal approach-- Budget Line
12:20mins
Consumer Equilibrium- Budget line and Indifference Curve.
11:14mins
Summary-Consumer's Equilibrium.
12:14mins