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Consumer's Equilibrium with IC and Budget Line (ORDINAL APPROACH)
Lesson 12 of 48 • 25 upvotes • 11:39mins
Madhuri
The lesson discusses how to find Consumer's Equilibrium with the help of Budget Line and Indifference Curve (ORDINAL APPROACH).
Daily Dose Of Microeconomics: Class 12
48 lessons • 10h 22m
1
Overview of the Course
3:29mins
2
Economics - An Introduction
12:58mins
3
Economy: Meaning, Types and Central Problems
11:52mins
4
Production Possibility Curve - Part 1
14:32mins
5
Production Possibility Curve - Part 2
12:49mins
6
Concept of Utility - Total and Marginal Utility
14:36mins
7
Consumer's Equilibrium- Cardinal Approach (One Commodity Case)
14:46mins
8
Consumer's Equilibrium- Cardinal Approach (2 Commodities Case)
10:07mins
9
Ordinal Approach to Consumer's Equilibrium - Concept of Indifference Curve
14:54mins
10
Indifference Curve and Marginal Rate of Substitution
14:36mins
11
Budget Line - Meaning, Changes and Slope
14:26mins
12
Consumer's Equilibrium with IC and Budget Line (ORDINAL APPROACH)
11:39mins
13
Demand, Quantity Demanded, Demand Schedule and Demamd Curve
14:38mins
14
Demand Function - Meaning and Types
14:56mins
15
Law of Demand - Meaning and Reasons for Applicability
10:25mins
16
Exceptions To the Law of Demand
14:47mins
17
Changes in Demand and Quantity Demanded
14:25mins
18
Total Expenditure Method of Measuring Price Elasticity of Demand
10:44mins
19
Percentage and Geometric Method of Measuring Price Elasticity of Demand
11:52mins
20
Why minus sign is put before the formula of Price Elasticity of Demand?
14:54mins
21
Degrees of Price Elasticity of Demand
15:00mins
22
Factors Affecting Price Elasticity of Demand
12:05mins
23
Production Function - TP, MP and AP
12:52mins
24
Law of Variable Proportion -Part 1
14:53mins
25
Law of Variable Proportion -Part 2
14:49mins
26
Relationship among AP, TP and MP
13:27mins
27
Returns to A Scale - 3 Stages
15:00mins
28
Total Cost, Total Fixed Cost and Total Variable Cost
14:45mins
29
AFC, AVC and AC
14:51mins
30
AC and MC
12:58mins
31
Relationship between AR, MR and TR
15:00mins
32
Firm's Demand Curve under Different Market Situations
12:41mins
33
TR - TC Approach to find Producer's Equilibrium
13:25mins
34
MR - MC Approach to find Producer's Equilibrium
13:43mins
35
Short run and Long run Producer's Equilibrium
14:59mins
36
Supply, Quantity Supplied, Supply Schedule and Supply Curve
11:43mins
37
Supply Function and Law of Supply
13:33mins
38
Changes in Supply and Quantity Supplied
12:30mins
39
Price Elasticity of Supply - Meaning and Measurememt
12:39mins
40
Perfect Competition - Part 1
14:02mins
41
Perfect Competition - Part 2
9:24mins
42
Monopoly
13:23mins
43
Monopolistic Competition and Oligopoly
12:53mins
44
Market Equilibrium - Changes in Demand
14:53mins
45
Market Equilibrium - Changes in Supply
13:59mins
46
Market Equilibrium - Changes in both Demand and Supply
14:53mins
47
Market Equilibrium - Different cases summed up
7:47mins
48
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2:36mins
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