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Consumer Behavior, Budget Constraints, and Elasticity in Microeconomics

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Budget Constraint

  • Guided course
    Budget Constraint (Budget Line)
    08:41
  • Guided course
    Budget Constraint:Change in Price of a Good
    03:50
  • Guided course
    Budget Constraint:Change in Income
    03:44

Consumer Optimum Consumption: Budget Constraint and Indifference Curves

  • Guided course
    Consumer Optimum Consumption: Budget Constraint and Indifference Curves
    07:07

Consumer Optimum Consumption: Marginal Utility per Dollar Spent

  • Guided course
    Consumer Optimum Consumption: Marginal Utility per Dollar Spent
    09:38

The Basics of Demand

  • The Basics of Demand
    06:02

Willingness to Pay and Consumer Surplus

  • Consumer Surplus and Market Demand
    06:03
  • Consumer Surplus
    02:15
  • Willingness to Pay and Consumer Surplus
    03:39

Indifference Curves

  • Guided course
    Indifference Curves
    14:47
  • Guided course
    Properties of Indifference Curves
    04:23

Indifference Curves for Perfect Substitutes and Perfect Complements

  • Guided course
    Indifference Curves for Perfect Substitutes and Perfect Complements
    04:02

The Basics of Demand

  • The Basics of Demand
    06:02

Percentage and Decimal Review

  • Percent Change
    05:15
  • Translating Percent Problems
    00:44
  • Translating Percent Problems
    06:10

Price Elasticity of Demand on a Graph

  • Guided course
    Price Elasticity of Demand on a Graph
    11:34

Determinants of Price Elasticity of Demand

  • Guided course
    Determinants of Price Elasticity of Demand
    06:12

Total Revenue Test

  • Guided course
    Total Revenue Test
    09:31

Income Elasticity of Demand

  • Guided course
    Income Elasticity of Demand
    10:57

Cross-Price Elasticity of Demand

  • Guided course
    Cross-Price Elasticity of Demand
    07:14