The videos below are from the YouTube channel Enhance Tuition. Subscribe to keep up to date with the latest videos.
Contents
Indifference curves
This video will teach you to diagram indifference curves and explain what they demonstrate.
Budget lines
This video will teach you how to diagram a budget line and explain what it demonstrates.
Budget lines and indifference curves
This video discuss how a rational consumer maximises utility facing a budget constraint and how budget lines and indifference curves can be used to demonstrate utility maximisation.
Indifference curve analysis: income and substitution effects for normal goods
This video explains how to analyse the income and substitution effects of a change in the price of a normal good.
Indifference curve analysis: income and substitution effects for inferior goods
This video explains how to analyse the income and substitution effects of a change in the price of an inferior good.
