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Substitution between goods
Lesson 6 of 15 • 5 upvotes • 11:39mins
Antara Mahanta
This lesson is a discussion of the substitution. Here, the diminishing rate of substitution is also described.
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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