Economics - How consumer makes buying decision

Economics : How consumer makes buying decision, available at Free, has an average rating of 3.7, with 16 lectures, based on 47 reviews, and has 2305 subscribers.

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You will learn about what is Economics. Understand basics of microeconomics Understand how consumers make buying decisions Understand how consumers make buying decisions what is MARGINAL AND TOTAL UTILITY. INDIFFERENCE CURVE ANALYSIS This course is ideal for individuals who are complete beginners who want to learn economics. or the student who are doing there bachelors in commerce. or students who are doing bachelors in economics or students of professional exam like CA/CS/CMA and also MBA It is particularly useful for complete beginners who want to learn economics. or the student who are doing there bachelors in commerce. or students who are doing bachelors in economics or students of professional exam like CA/CS/CMA and also MBA.

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Summary

Title: Economics : How consumer makes buying decision

Price: Free

Average Rating: 3.7

Number of Lectures: 16

Number of Published Lectures: 16

Number of Curriculum Items: 16

Number of Published Curriculum Objects: 16

Original Price: Free

Quality Status: approved

Status: Live

What You Will Learn

what is Economics.

Understand basics of microeconomics Understand how consumers make buying decisions

Understand how consumers make buying decisions

what is MARGINAL AND TOTAL UTILITY.

INDIFFERENCE CURVE ANALYSIS

Who Should Attend

complete beginners who want to learn economics.

the student who are doing there bachelors in commerce.

students who are doing bachelors in economics

students of professional exam like CA/CS/CMA and also MBA

Target Audiences

complete beginners who want to learn economics.

the student who are doing there bachelors in commerce.

students who are doing bachelors in economics

students of professional exam like CA/CS/CMA and also MBA

Are you willing to learn economics,( these course have 100 %money back guarantee). my name is PRANAV OZA and I have 19 years of experience in teaching economics.

Welcome to my course – Basics of microeconomics : Theory of Consumer Behavior.

In this course, you will understand the theory of how consumers make buying decisions.

There are two approaches to study Consumer’s Equilibrium – Utility approach and Indifference curve approach.

In this course, we will discuss the following :
What is economics?
How different and related are microeconomics and macroeconomics?
Who is a consumer, are all human beings consumers?
How can we measure consumer satisfaction?
Which approach is more realistic – Utility approach or Indifference curve approach?
If a consumer is making buying decision then how is his income affecting his decisions?
How does a consumer reach equilibrium?

Some concepts that we will use while discussing the topics mentioned above –

Rational Consumer, Total Utility, Marginal Utility, Law of Diminishing Marginal Utility, Budget Set, Budget Line, Indifference Map and Indifference curve.

How will this course benefit you?

If you are an economics student – This will help you in gaining better clarity of concepts.

If you are someone who has a desire to learn economics – This course is the first step that you need to take to fulfill your desire, it starts from the scratch and assumes you have no knowledge of economics.

All that said, if you would like to discuss something while you are learning, please feel free to start a discussion or PM me.

Lets get started..!

Course Curriculum

Chapter 1: Introduction

Lecture 1: Introduction

Lecture 2: what is included in the course and what you shall learn

Lecture 3: what is definition of economics

Lecture 4: what is MICRO and MACRO economics

Chapter 2: Consumer equilibrium: Utility Analysis

Lecture 1: Meaning of CONSUMER, RATIONAL CONSUMER AND CONCEPT OF EQUILIBRIUM

Lecture 2: what is UTILITY and ethic behind it.

Lecture 3: Total Utility and Marginal Utility.

Lecture 4: LAW OF DIMINISHING MARGINAL UTILITY

Lecture 5: consumer equilibrium in case of free goods an economics goods.

Chapter 3: consumer equilibrium under indifference curve analysis

Lecture 1: introduction : cardinal and ordinal utility

Lecture 2: what is indifference curve

Lecture 3: properties of indifference curve

Lecture 4: price line or consumer budget curve

Lecture 5: consumer equilibrium under indifference curve analysis

Chapter 4: bonus lecture

Lecture 1: bonus lecture summary of the entire course

Lecture 2: bonus lecture on what is demand

Instructors

Pranav Oza
Instructor

Rating Distribution

1 stars: 4 votes

2 stars: 3 votes

3 stars: 16 votes

4 stars: 9 votes

5 stars: 15 votes

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