Economics - Consumer Equilibrium

Economics - Consumer Equilibrium

This course will discuss Consumer Equilibrium, Utility Analysis, Law of diminishing marginal utility, Determination of Consumer Equilibrium Conditions, Single and Two commodity model and much more.

• Introduction to Consumer Equilibrium - In this lesson, we will understand what are Consumers, what is consumed and the Introduction ​to Consumer Equilibrium are discussed in a detailed way.

• Utility Analysis / Marshall Approach - In this lesson we will discuss Utility Analysis, Some examples of Utility Analysis, Cardinal Utility, Marginal Utility of Money and much more.

• Assumptions to Utility Analysis - In this lesson we will discuss Assumptions to Utility Analysis

• Law of Diminishing Marginal Utility - In this lesson, we will discuss the Law of Diminishing Marginal Utility and Assumptions for the same

• Relationship between Marginal Utility and Total Utility - In this video, we will be talking about the relationship between Total Utility and Marginal Utility

• Determination of Consumer Equilibrium Conditions - Case of Single Commodity - This video will make you understand Consumer's Equilibrium in the case of Single Commodity

• Example of Single Commodity Case - In this video we will discuss Single Commodity Case Example.

• High Order Thinking Skills (Some Important Questions) - This lesson include some High Order Thinking Skills Questions related single Commodity Case and much more

• Determination of Consumer Equilibrium Conditions - Case of Two Commodity - In this lesson, we will discuss Consumer's​ Equilibrium in case of Two Commodities

This course is self-based, designed for all levels in economics and in the English language.

This is Sanchit Gupta currently working as a Software Engineer in Bangalore, India. I'm working as a verified educator for the past 3 years on Unacademy (India's Largest Learning Platform) now. There I teach several topics (Competitive Exams, CAT, GMAT, GRE Preparation, Economics, UPSC Preparation, Programming, Personal Development and many more).

Consumer Equilibrium, Utility Analysis, Law of diminishing marginal utility and much more

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What you will learn

• Consumer Equilibrium
• Utility Analysis
• Law of Diminishing Marginal Utility

Rating: 0

Level: All Levels

Duration: 1 hour

Instructor: Sanchit Gupta