Consumer Theory Explained
In this video, we break down the fundamentals of
In this video, we break down the fundamentals of Just two goods so every time we draw demand and Supply graph that's just for that product on its own but in...
In this video, we break down the fundamentals of
Just two goods so every time we draw demand and Supply graph that's just for that product on its own but in
In this video I discuss the
I hope to make a whole series of these eventually, tell me what you think ^.^
This video covers budget constraints,
So in this module we're going to cover
... that's going to be the point at which that occurs is going to be our optimal
0:00 - Intro 0:27 - Total Utility 1:36 - Marginal Utility 4:40 - Utility Maximizing Rule 6:05 - Example: Utility Maximization.
This lecture bridges a standard introductory microeconomics version of
Refreshing my intermediate microeconomic knowledge.
ECON {
This video covers some applications of
This video uses an analogy of studying for final exams to explain why marginal utility per dollar must be equal.