Course Description
Welcome to my course - Basics of microeconomics : Theory of Consumer Behavior.
In this course, you will understand the theory of how consumers make buying decisions.
There are two approaches to study Consumer's Equilibrium - Utility approach and Indifference curve approach.
In this course, we will discuss the following :
What is economics?
How different and related are microeconomics and macroeconomics?
Who is a consumer, are all human beings consumers?
How can we measure consumer satisfaction?
Which approach is more realistic - Utility approach or Indifference curve approach?
If a consumer is making buying decision then how is his income affecting his decisions?
How does a consumer reach equilibrium?
Some concepts that we will use while discussing the topics mentioned above -
Rational Consumer, Total Utility, Marginal Utility, Law of Diminishing Marginal Utility, Budget Set, Budget Line, Indifference Map and Indifference curve.
This course has 12 video lectures and 1 hour of content.
How will this course benefit you?
If you are an economics student - This will help you in gaining better clarity of concepts.
If you are someone who has a desire to learn economics - This course is the first step that you need to take to fulfill your desire, it starts from the scratch and assumes you have no knowledge of economics.
All that said, if you would like to discuss something while you are learning, please feel free to start a discussion or PM me.
Lets get started..!
In this course, you will understand the theory of how consumers make buying decisions.
There are two approaches to study Consumer's Equilibrium - Utility approach and Indifference curve approach.
In this course, we will discuss the following :
What is economics?
How different and related are microeconomics and macroeconomics?
Who is a consumer, are all human beings consumers?
How can we measure consumer satisfaction?
Which approach is more realistic - Utility approach or Indifference curve approach?
If a consumer is making buying decision then how is his income affecting his decisions?
How does a consumer reach equilibrium?
Some concepts that we will use while discussing the topics mentioned above -
Rational Consumer, Total Utility, Marginal Utility, Law of Diminishing Marginal Utility, Budget Set, Budget Line, Indifference Map and Indifference curve.
This course has 12 video lectures and 1 hour of content.
How will this course benefit you?
If you are an economics student - This will help you in gaining better clarity of concepts.
If you are someone who has a desire to learn economics - This course is the first step that you need to take to fulfill your desire, it starts from the scratch and assumes you have no knowledge of economics.
All that said, if you would like to discuss something while you are learning, please feel free to start a discussion or PM me.
Lets get started..!
Course Details
Concept of Indifference set and Indifference curveConcept of Utility
Consumer's Budget : Budget set and Budget line
Consumer's Equilibrium
Difference and relation between microeconomics and macroeconomics
Introduction to Economics
Introduction to the course and the instructor
Introducton : Cardinal and Ordinal Concepts of Utility
Law of Diminishing Marginal Utility
Properties of Indifference curve
Section 1: Introduction
Section 2: Consumer's Equilibrium - Utility Analysis
Section 3: Consumer's Equilibrium - Indifference Curve Analysis
Some basics - Consumer, Rational Consumer and Equilibrium
Total Utility and Marginal Utility
LINK FOR THE FREE COURSE
https://www.udemy.com/basics-of-microeconomics-consumer-behaviour/?couponCode=FBOFFER100% Off, Udemy 100% Off, Udemy Coupon, Udemy Coupon Code, Udemy course, Udemy course download, Udemy course reviews, Udemy courses,Udemy courses for free, Udemy courses free, Udemy courses free download, Udemy discount, Udemy download, Udemy education, Udemy free,
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