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Optimal choice of the consumer
Lesson 8 of 15 • 4 upvotes • 10:59mins
Antara Mahanta
This lesson talks about the optimum choice of the consumer taking into account, the budget line and the indifference curves. This lesson also summarises the discussion of the problem of choice.
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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