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Indifference curve
Lesson 7 of 15 • 5 upvotes • 12:25mins
Antara Mahanta
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.
Theory of Consumer Behaviour
15 lessons • 2h 40m
1
Course Overview
5:00mins
2
Introduction
7:18mins
3
The Consumers Budget Part 1
12:37mins
4
The Consumer's Budget Part 2
13:26mins
5
Consumer’s Preferences
12:08mins
6
Substitution between goods
11:39mins
7
Indifference curve
12:25mins
8
Optimal choice of the consumer
10:59mins
9
Demand
11:45mins
10
Types of goods
9:28mins
11
Shifts in demand curve
9:56mins
12
Market demand
9:34mins
13
Elasticity of demand
9:27mins
14
Elasticity of demand - II
11:46mins
15
Elasticity and expenditure
12:42mins
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