CA foundation Economics Theory of consumer behavior
The free CA Foundation Economics video on Theory of consumer behaviour cover following topics:
Theory of consumer behaviour
Introduction to Theory of consumer behaviour
What is Utility
Two Theories( Cardinal & Ordinal)
Summary
Marginal Utility
Marginal Utility Introduction
Marginal Utility Analysis
Assumption of Marginal Utility Analysis
Law of Diminishing Marginal Utility
TU MU Curve
Marginal Utility Key points
Limitations of the law of DMU
Summary
Law of Equi Marginal Utility
Consumer Surplus
Limitation of Consumer Surplus
Quiz
Summary Marginal Utility
Consumer Equilibrium
Indifference Curve
Definition of IC
Indifference Map
What is Marginal rate of substitution?
Properties of IC Curves
IC Perfect Substitutes & Complimentary
Budget Line
Consumer Equilibrium
Quiz
Summary