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Consumer Behaviour: Utility, Demand, and Surplus (Microeconomics Chapter 6 Study Notes)

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Marginal Analysis

  • Guided course
    Marginal Analysis
    09:36

Budget Constraint

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

Consumer Optimum Consumption: Marginal Utility per Dollar Spent

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    Consumer Optimum Consumption: Marginal Utility per Dollar Spent
    09:38

The Demand Curve

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    The Basics of Demand
    07:15
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    Individual Demand and Market Demand
    06:08

Shifts in the Demand Curve

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    Consumer Income:Normal Goods and Inferior Goods
    01:48
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    Substitute Goods
    04:10
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    Consumer Expectations
    02:18

Movement Along a Demand Curve

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    Shifting Demand - Warning!
    05:29

Consumer Surplus and Willingness to Pay

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    Consumer Surplus in a Small Setting
    14:41
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    Consumer Surplus and Market Demand
    06:08
  • Guided course
    Consumer Surplus
    03:15