Income Effect, Substitution Effect & Price Effect | Normal, Inferior & Giffen Goods | UGC NET Commer скачать в хорошем качестве

Income Effect, Substitution Effect & Price Effect | Normal, Inferior & Giffen Goods | UGC NET Commer

In this video, we explain Price Effect, Income Effect and Substitution Effect in a very simple and exam-oriented manner for UGC NET Paper 2 Commerce (Business Economics). This Class 7 lecture covers: ✔ Meaning of Price Effect ✔ Income Effect vs Substitution Effect ✔ Price Effect in Normal Goods, Inferior Goods and Giffen Goods ✔ Why Law of Demand fails in Giffen Goods ✔ Conceptual explanation with examples and diagrams ✔ Most important UGC NET PYQs-based concepts This lecture is perfect for UGC NET / JRF aspirants, Commerce students, and anyone preparing Business Economics with conceptual clarity. 📌 Watch till the end for full understanding & exam tricks. 👉 TG Classes – UGC NET JRF Commerce 👉 Learn smart. Learn conceptual. Learn to crack NET. 🔵 Hashtags (High Search + Ranking) #UGCNET #UGCNETCommerce #BusinessEconomics #PriceEffect #IncomeEffect #SubstitutionEffect #NormalGoods #InferiorGoods #GiffenGoods #UGCNETJRF #CommerceStudents #EconomicsForUGCNET #TGClasses #NET2026