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IES, IAS Economics Optional & UGC Net Economics Preparation

Online Courses: Indian Economic Services, IAS Economics Optional, UGC Net Economics

  • January 27, 2022
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Theory of Consumer Demand

11. Consumer Surplus | (IES 2010, 2011, 2014)

Topic Discussed

  1. Consumer Surplus
  2. Producer Surplus
  3. Calculation of Equilibrium Price
  4. Calculation of Consumer Surplus and Producer Surplus

Past Years QuestionDiscussed in this class/ recording :

IES 2011, Q 9

IES 2015, Q 1(e)

IES 2014, Q 1(c)

12. Application of Substitution and Income Effects | Intertemporal Choice | Case of a saver and a borrower |

Topic Discussed:

  1. Intertemporal Choice of Consumption
  2. Cases of a Saver and a Borrower

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