Monotonicity of Preferences | Why Indifference Curves are Downward Sloping| | 10 |

This video talks about the first property of well behaved preferences :
1) Monotonicity of Preferences (More is better)
2) How Monotonicity assumption is affecting the downward slope of Indifference curve?
Reference : Varian Chapter 3
This is useful for those who are preparing
1) Intermediate Microeconomics Course in their semesters
2) UGC Net Economics
3) Basics of MA Economics Entrance Exam (DSE/ISI/JNU/IGIDR/MSE)
4) Indian Economic Services
For any course related query please call 9999886629
or visit nishantmehra.com for IAS Economics Optional/ Indian Economic Services/ UGC Net Economics
or visit Ecopoint.in for MA Economics Entrance Coaching

[@nishantmehraecopoint]

This video talks about the first property of well behaved preferences :
1) Monotonicity of Preferences (More is better)
2) How Monotonicity assumption is affecting the downward slope of Indifference curve?
Reference : Varian Chapter 3
This is useful for those who are preparing
1) Intermediate Microeconomics Course in their semesters
2) UGC Net Economics
3) Basics of MA Economics Entrance Exam (DSE/ISI/JNU/IGIDR/MSE)
4) Indian Economic Services
For any course related query please call 9999886629
or visit nishantmehra.com for IAS Economics Optional/ Indian Economic Services/ UGC Net Economics
or visit Ecopoint.in for MA Economics Entrance Coaching

[@iqrajan267]

I literally have no words to appreciate ur hold on economics...sir u don't know how easy u are making it...thank u very much sir

[@utsariguptabhaya3722]

I have been studying monotonicity for 4 years now but now is the first time I practically understood it. You're filling the gaps of Hal Varian sir, thank you so much! ❤️

[@nishantmehraecopoint]

Thanks beta, this made my day. I am very happy, that you like our work. Keep studying hard.

[@aakshi.]

i don't usually comment on youtube videos but I had to here. This was very well explained, thank you so much Sir!

[@meghasingh4495]

I was finding such video, thanks I read this topic from Varian but could not understand,u made it.

[@smitheesaha9179]

sir what is convex combination please explain it❤

[@aryananand3443]

great video , how can questions be asked on this topic any eg