Consumer equilibrium , Hicks and Allen approach
Detailed notes of theory of consumer choice and indifference curve analysis . The further notes include consumers equilibrium through the IC analysis .
These notes also include properties of indifference curve and two extreme examples of indifferen...See more
ce curve in case if perfect substitutes and perfect complements.
Further they also include that how consumer behaviour changes when change in income and prices of the commodity.
Derivation of the demand curve and many other related topics are included along with real life case studies with graphical representations.
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