Economics – Explore The Concepts Of Consumer Behavior
Economics – Explore The Concepts Of Consumer Behavior, available at $19.99, has an average rating of 3.35, with 31 lectures, based on 17 reviews, and has 641 subscribers.
You will learn about The basics of economics and its evolution Develop a clear understanding about how different elements determine a rational consumer's behavior Be able to solve mathematical problems on consumer behavior part of economics This course is ideal for individuals who are Complete beginner with no prior knowledge about the subject but who wants to learn Economics or Students pursuing CS/Bachelor of Commerce/Bachelor of Economics or Students of any background who wants to know the concept of consumer behavior in details It is particularly useful for Complete beginner with no prior knowledge about the subject but who wants to learn Economics or Students pursuing CS/Bachelor of Commerce/Bachelor of Economics or Students of any background who wants to know the concept of consumer behavior in details.
Enroll now: Economics – Explore The Concepts Of Consumer Behavior
Summary
Title: Economics – Explore The Concepts Of Consumer Behavior
Price: $19.99
Average Rating: 3.35
Number of Lectures: 31
Number of Published Lectures: 31
Number of Curriculum Items: 31
Number of Published Curriculum Objects: 31
Original Price: $84.99
Quality Status: approved
Status: Live
What You Will Learn
- The basics of economics and its evolution
- Develop a clear understanding about how different elements determine a rational consumer's behavior
- Be able to solve mathematical problems on consumer behavior part of economics
Who Should Attend
- Complete beginner with no prior knowledge about the subject but who wants to learn Economics
- Students pursuing CS/Bachelor of Commerce/Bachelor of Economics
- Students of any background who wants to know the concept of consumer behavior in details
Target Audiences
- Complete beginner with no prior knowledge about the subject but who wants to learn Economics
- Students pursuing CS/Bachelor of Commerce/Bachelor of Economics
- Students of any background who wants to know the concept of consumer behavior in details
This economics course is pretty much the cornerstone to learn about the concepts of “Consumer Behavior“. The course engulfs all the basic concepts of
- Evolution of Economic Thoughts
- Theory of Utility
- Law of Diminishing Marginal Utility
- Concept of Demand
- Individual & Market Demand Schedule
- Exceptions to the Law of Demand
- Elasticity of Demand
- Income & Cross Elasticity and Consumer Surplus
- Indifference Analysis & Budget Analysis
The entire course is divided into 12 modules which comprises of 23 video lectures and 7 pdfs.
Don’t forget to take the Assessment Test at the end of the course and shoot me with any questions and doubts you will have in mind.
The course is based on practical real life scenarios & mathematics based solutions for you to understand the concepts better.
Anyone who wants to learn economics, this course is your first stepping stone. We start this course from very scratch and gradually build your concepts.
So if you are a complete new learner with no prior knowledge on economics, don’t worry, this course can help you immensely.
And, if you are an existing economics student in your graduation level, this course will definitely bring better clarity to your concepts.
By the end of the course you will get detailed information and knowledge on the following areas:
- Clear understanding of the basics of economics and its evolution
- What are the different elements and how they can determine a rational consumer’s buying decision
- Also you will develop substantial knowledge & clear understanding about some important concepts like:
Theory of Utility
Diminishing Marginal Utility
Concept of Demand and Demand Function
Individual & Market Demand Schedule
Elasticity of Demand
Consumer Surplus
Normal Goods & Inferior Goods
Indifference Analysis
& Budget Analysis
Course Curriculum
Chapter 1: Introduction
Lecture 1: Who Am I and What Will You Learn?
Chapter 2: Economics – Basic Concepts
Lecture 1: Evolution of Economic Thoughts
Lecture 2: 4 Types of Definition of Economics
Lecture 3: Micro & Macro Economics – Concept
Chapter 3: Theory of Utility
Lecture 1: Definition of Utility, Features of Utility, Total & Marginal Utility
Lecture 2: Summary – Theory of Utility
Chapter 4: Law of Diminishing Marginal Utility
Lecture 1: Concept of DMU, Relationship between TU & MU, Assumptions behind the Law of DMU
Lecture 2: Summary – Law of Diminishing Marginal Utility
Chapter 5: Concept of Demand
Lecture 1: Demand vs Need, Factors of Demand
Lecture 2: Summary – Concept of Demand
Chapter 6: Determinants of Demand
Lecture 1: Introduction to the Determinants of Demand
Lecture 2: Primary Factors
Lecture 3: Secondary Factors
Lecture 4: Summary – Determinants of Demand
Chapter 7: Demand Function
Lecture 1: Concept of Demand Function, Individual & Market Demand Function
Lecture 2: Law of Demand, Slope of Demand Curve, Negatively Sloped Demand Line – The Reason
Lecture 3: Change in Quantity Demanded, Increase & Decrease in Demand
Lecture 4: Summary – Demand Function
Chapter 8: Individual & Market Demand Schedule
Lecture 1: The concept & difference, How to draw Individual Market Demand Schedule
Lecture 2: Reason for Downward Sloping Demand Line – under 2 types of Utility Approaches
Chapter 9: Exceptions to the Law of Demand
Lecture 1: 4 Major Exceptions with Real Life Examples
Chapter 10: Elasticity of Demand
Lecture 1: Types of Elasticity, How to calculate Elasticity of Demand
Lecture 2: Own Price Elasticity, Possible Outcomes of Own Price Elasticity
Lecture 3: Determinants of Elasticity
Chapter 11: Income & Cross Elasticity and Consumer Surplus
Lecture 1: Income Elasticity and Nature of the Commodity
Lecture 2: Cross Elasticity for both Substitutes & Complimentary Commodities
Lecture 3: Consumer Surplus – Definition & Graphical Representation
Lecture 4: Summary – Income Elasticity
Chapter 12: Indifference Analysis
Lecture 1: Graphical Presentation, Indifference Map for Perfect Substitutes & Complements
Chapter 13: Budget Analysis
Lecture 1: Budget Constraints, Graphical Presentation of Budget Line & its Slope
Chapter 14: Conclusion
Lecture 1: Bonus Lecture – Test Your Knowledge
Instructors
-
Siraj Bardhan
Economics & Finance Teacher, Co-founder of TruePencil.com
Rating Distribution
- 1 stars: 3 votes
- 2 stars: 2 votes
- 3 stars: 2 votes
- 4 stars: 4 votes
- 5 stars: 6 votes
Frequently Asked Questions
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