📣 We’re growing our team! PMT Education is hiring a Customer Support Specialist and a Course Coordinator.

Apply Now!

Indifference curves and budget lines

Advertisement
Daniel 's Profile Picture

Daniel M.

University of Warwick - BSc Philosophy, Politics and Economics (PPE) - Economics Major

Warwick Graduate Economics Tutor and Government Economist with 5+ years of experience.

£60 / hour
  • SEND
  • Graduate

The videos below are from the YouTube channel Enhance Tuition. Subscribe to keep up to date with the latest videos.

[toc]

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.

Back to Top

Advertisement
Advertisement
×