Intermediate Microeconomics – 1 | Budget Constraint | Semester 3 DU | Economics Hons & BA Prog скачать в хорошем качестве

Intermediate Microeconomics – 1 | Budget Constraint | Semester 3 DU | Economics Hons & BA Prog

This video is designed for Delhi University Economics Honours and BA Programme students studying under the NEP 2020 pattern (Semester 3). We cover Chapter 2 – Budget Constraint from Hal Varian’s Intermediate Microeconomics, step by step, with clear explanations and examples. 📌 Topics Covered in this Lecture - 1. Meaning of Budget Constraint – what a consumer can afford 2. Two-Goods Model & the idea of a Composite Good 3. Budget Set – affordable bundles at given income and prices 4. Budget Line – definition and equation 5. Slope of Budget Line – opportunity cost & substitution effect 6. Intercepts of the Budget Line (horizontal & vertical) 7. Shifts in Budget Line: a. Change in income (parallel shift) b. Change in prices (rotation/tilt) 8.Numeraire Good – simplifying analysis by fixing one price 9. Impact of Taxes on Budget Constraint: a. Quantity Tax (per unit) b. Value/Ad valorem Tax (percentage) 10. Impact of Subsidies on Budget Constraint: a. Quantity Subsidy b. Ad valorem Subsidy 11. Lump-sum Tax and Subsidy – parallel inward/outward shift of budget line This lecture will help you build a strong foundation for: DU Economics Hons & BA Prog exams Master’s entrance exams (CUET-PG, ISI, Ashoka, etc.) UPSC, RBI Grade B, IES preparation where Microeconomics is essential 📘 Course with Problem Sets Available at: https://econiti.org You can join the Inter College Economics Hons. community of Semetster 3 students using this link - https://chat.whatsapp.com/JZKN47AC53O... Best, Siddharth Rathore Asst Professor, MSCW, DU Visiting Professor, LBSNAA & Faculty of Law