Lesson 4 of 21 • 5 upvotes • 9:41mins
In this lesson we talk about consumers equilibrium in case of a single commodity and in case of two or more commodities
21 lessons • 2h 52m
Introduction
4:17mins
Consumer's Equilibrium
11:10mins
The concept of Utility and Law of Diminishing Utility
10:31mins
Equilibrium in case of Single and Two Commodities
9:41mins
Indifference Curve and Indifference Map
9:46mins
The budget line and shift in the budget line
11:26mins
Indifference Curve: Properties and Equilibrium
9:49mins
The Consumer's Budget
6:16mins
Introduction to Demand
3:10mins
Meaning of Demand
5:41mins
Determinants of Individual demand
9:12mins
Determinants of Market Demand
6:35mins
Law of demand
8:40mins
Individual Demand Curve and Market Demand Curve
5:11mins
Movement and shift in the demand curve
6:36mins
Summary
5:05mins
Meaning of Price Elasticity of Demand.
8:00mins
Types of Price Elasticity of Demand
7:45mins
Methods of measurementsm of Price elasticity of demand
10:40mins
Relationship between total expenditure and price elasticity of demand.
10:45mins
Factors affecting the price elasticity of demand
11:46mins