Lesson 8 of 12 • 12 upvotes • 11:33mins
This lesson is about ordinal approach of consumer equilibrium part 1 indifference curve Indifference map and the slope of indifference curve marginal rate of substitution with diagram schedule. Hope you enjoy watching the 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