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Class XII- Economics -Title 3 (1 DVD Pack)

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Introduction Theory of consumer behavior – I Introduction

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Introduction
Theory of consumer behavior – I

  • Introduction
  • Production possibility curve
  • Centrally planned economy
  • Demerits of Centrally planned economy
  • Market economy
  • Mixed economy
  • Positive & normative economics analysis
  • Microeconomics & macroeconomics
  • Consumer equilibrium
  • Approaches of consumer
  • Assumption of utility approach
  • Consumer equilibrium
  • Indifference curve approach
  • Budget line
  • Summary of utility & indifference approach
  • Theory of demand 
  • Law of demand
  • Demand & income of consumers 

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