Consumer's Equilibrium | Introductory Microeconomics | Class 11

Consumer's Equilibrium | Introductory Microeconomics | Class 11
This Video Covers the following topics:-
1.Meaning of Consumer
2.Meaning of Utility
3.Measurement of Utility - Cardinal Utility and Ordinal Utility
4.Relationship between Total Utility and Cardinal Utility
5.Law of Diminshing Marginal Utility and its assumptions
6.Consumer equilibrium in one commodity case
7.Consumer equilibrium in two commodity case
8.Meaning of Indifference Curve and its assumptions
9.Meaning of Indifference Curve and Graph
10.Meaning of Indifference Set
11.Properties of Indifference Curve
12.Budget line and its Graph
13.Meaning of Budget Set
14.Shift in Budget Line
15.Determination of Consumer's Equilibrium through Indifference Curve
16.Consumer's Equilibrium by Indifference Analysis
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