Recent Articles

3.5 Income Elasticity of Demand, Cross Elasticity of Demand

"Income Elasticity of Demand, Cross Elasticity of Demand" explores two critical concepts in...

3.4 Point and Arc Elasticity of Demand

In the realm of economics, understanding how consumers respond to price fluctuations is paramount...

3.3 Elasticity of Demand

"Explore the concept of elasticity of demand, a fundamental topic in microeconomics. This post...

3.2 Change and Shift in Demand, Extension and Contraction in Demand, Rise and Fall in Demand

In this post Change and Shift in Demand, Extension and Contraction in Demand, Rise and Fall in...

3.1 Demand, Individual Demand, Aggregate Demand, Law of Demand

"In this Post Demand, Individual Demand, Aggregate Demand, Law of Demand, we delve into the...

2.4 The Law of Equal Marginal Utility EMU

The Law of Equal Marginal Utility EMU is a core concept in the cardinal approach to consumer...

2.3 The Law of Diminishing Marginal Utility DMU

The Law of Diminishing Marginal Utility DMU is a core concept in the cardinal approach to consumer...

2.2 Total Utility, Marginal Utility, Point of Satiety & Types of Utilities

Total Utility, Marginal Utility, Point of Satiety & Types of Utilities is the effort to explore the...

2.1 Theory of Consumer Behaviour

Theory of Consumer Behaviour explores how individuals make decisions to allocate their resources...