Economic Growth & Development
July 10, 2020
Public Sector – Role, Performance and Problems
July 17, 2020This presentation covers the following concepts:
- Indifference Curve Analysis
- Indifference Schedule
- Indifference Map
- Properties of Indifference Curve
- Assumptions of Indifference Curve
- Marginal Rate of Substitution
- Concept of Budget Line or Price Line
- Slope of Budget Line or Price Line
- Change in Money Income & the Budget Line
- Change in Prices & the Budget Line
- Consumer's Equilibrium
