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Substitution effect
Lesson 15 of 18 • 28 upvotes • 15:00mins
Prem Chand
This lesson discusses about meaning of substitution effect, and discussed about Hicksian and Slutsky's versions of substitution effect with diagrams
(Hindi) NTA-UGC NET: Theory of Consumer Behaviour
18 lessons • 3h 5m
1
Overview (in Hindi)
3:35mins
2
Introduction to Microeconomics and Demand Analysis (in Hindi)
13:18mins
3
Law of Demand, Reasons, and Exceptions of Law of Demand (in Hindi)
11:55mins
4
Theory of Consumer Behaviour (in Hindi)
11:05mins
5
Cardinal Utility Analysis (in Hindi)
13:28mins
6
Ordinal Utility Analysis Part 1 (in Hindi)
9:24mins
7
Ordinal Utility Analysis Part 2 (in Hindi)
9:49mins
8
Properties of Indifference Curve (in Hindi)
8:03mins
9
Alternatives Shapes of Indifference Curves (in Hindi)
9:56mins
10
Budget line
12:28mins
11
Consumer's Equilibrium (in Hindi)
8:21mins
12
Corner Solutions (in Hindi)
8:17mins
13
Income effect and Income Consumption curve
8:57mins
14
Income Consumption Curve and Engel's curve
9:22mins
15
Substitution effect
15:00mins
16
Price effect
11:09mins
17
Revealed Preference Theory of Demand
12:41mins
18
Consumer Surplus
8:12mins
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