- March 12, 2022
31, January 2022
Theory of Consumer Demand
17. Cross Price Elasticity of Demand, Income Elasticity of Demand, Total Expenditure Method (IES 2011, 2013, 2014, 2016) Read More
30, January 2022
Theory of Consumer Demand
15. Revealed Preference Approach | Derivation of Demand curve using Revealed Preference | Derivation of Indifference curve using Revealed Preference| Topic Discussed: Revealed Preference : Theory Assumptions Revealed Preference Axiom Derivation of Indifference Curve Read More
29, January 2022
Theory of Consumer Demand
13. Application of Substitution and Income Effects | Intertemporal Choice | Case of a saver and a borrower | Topic Discussed: Intertemporal Choice of Consumption Cases of a Saver and a Borrower Read More
27, January 2022
Theory of Consumer Demand
11. Consumer Surplus | (IES 2010, 2011, 2014) Topic Discussed Consumer Surplus Producer Surplus Calculation of Equilibrium Price Calculation of Consumer Surplus and Producer Surplus Read More
24, January 2022
Theory of Consumer Demand
9. Slutsky equation and Demand Curve Topic Discussed: Slutsky Substitution effect Perfect Complements Perfect Substitutes Quasilinear Preference Rebating a Tax Compensated Demand Curve Normal Good Read More
23, January 2022
Theory of Consumer Demand
7. Applications of Indifference Curve Analysis | Compensating and Equivalent Variation | Income Subsidy vs Price Subsidy | Topic Discussed Application of Indifference curve Analysis Equivalent Variation Excise Subsidy or Lump sum Income Subsidy Read More
21, January 2022
Theory of Consumer Demand
5.Normal Goods, Inferior goods, Giffen Goods, Substitutes, Complements, Income Offer curve, Price Offer curve, Engel curves (IES 2012) Read More
18, January 2022
Theory of Consumer Demand
1.Cardinal Utility Approach Topic discussed: Cardinal Utility Approach Assumptions Single commodity Case Consumer Equation in Multiple Commodity Case Derivation of Demand curve Read More
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- March 08, 2022
- February 28, 2022
- February 25, 2022