calculating income effect and substitution effect and total effect from Utility function

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  • Опубликовано: 27 окт 2024

Комментарии • 33

  • @Angela-qu3ds
    @Angela-qu3ds Год назад +7

    Thank you so much sir for this elaborate explanation .. most videos show you how to draw the curves without the mathematical explanation. This concept now makes sense to me because of your explanation. Thank you so much

    • @ECONMATHS
      @ECONMATHS  Год назад +1

      Thanks for the appreciation brother

  • @soniverma7107
    @soniverma7107 Год назад +2

    Nice approach to clear concept through ques in your videos .

  • @andriyrenteria2193
    @andriyrenteria2193 11 месяцев назад

    This is the best explanation by far, thank you!

  • @rajabusalehe4327
    @rajabusalehe4327 Год назад +1

    Thanks you..
    I'm watching from Tanzania

  • @dosaythat6565
    @dosaythat6565 3 года назад +5

    Very well explained! Thanks for your help, just in time for me to understand it

    • @ECONMATHS
      @ECONMATHS  3 года назад +2

      Thanks for the appreciation brother . If you think so then please share this channel with your Economics friends

  • @watchtheworldwithme1925
    @watchtheworldwithme1925 Год назад +1

    Thanks a lot!
    You elaborate this tough question very easily!

  • @apooyinbalqees
    @apooyinbalqees 7 месяцев назад

    Warafanahu makana aliyya❤

  • @abirhamayalew4844
    @abirhamayalew4844 2 года назад +4

    It's brilliant lecture!!

    • @ECONMATHS
      @ECONMATHS  2 года назад

      Thanks for the appreciation brother

  • @artistic_world23
    @artistic_world23 11 месяцев назад +1

    It's very easy to understand thank you sir ❤

  • @mukhtardar1604
    @mukhtardar1604 3 года назад +2

    Great video

  • @yogeswaranganapathy7268
    @yogeswaranganapathy7268 Год назад

    Phenomenal explanation sir.

  • @anhkiettran4413
    @anhkiettran4413 10 месяцев назад

    mad respect to you sir!

  • @arifahmad4646
    @arifahmad4646 3 года назад +2

    Outstanding sir

  • @okothhillary5703
    @okothhillary5703 2 года назад +1

    wonderful well explaine

    • @ECONMATHS
      @ECONMATHS  2 года назад

      Thanks for the appreciation

  • @rahuldevmeher5590
    @rahuldevmeher5590 3 года назад +1

    Very very thanks sir for this topic mathematically 🙏🙏

    • @ECONMATHS
      @ECONMATHS  3 года назад

      Thanks for the appreciation brother. Stay blessed

  • @razo3966
    @razo3966 Год назад

    thank you so much now I can take my final exam.

  • @abdallaabdullahi5942
    @abdallaabdullahi5942 Год назад

    Thank you 🙏

  • @gedisademsisa6293
    @gedisademsisa6293 Год назад

    Thank you !

  • @nandinichhabra3550
    @nandinichhabra3550 2 года назад +1

    Why does the utility function remains the same when the price of x falls

    • @Monika-y9n3f
      @Monika-y9n3f 11 месяцев назад +1

      May be because
      There is no change in the good y in terms of price and quantity
      There is only change in price of x
      If there was change in y too then there was a change in utility function
      As y is same till over the final demand
      It gets change only during decomposition bundle and that too on same indifference curce leading to utility function same ( constant)
      This is what I have understood
      May be I m wrong
      You can correct me further

    • @Monika-y9n3f
      @Monika-y9n3f 11 месяцев назад +1

      Further in hicksian approach, real income is measured in forms of utility and a constant real income means a constant utility.
      That's why also utility function remain same

  • @nyashadzashechayambuka5000
    @nyashadzashechayambuka5000 2 года назад

    Brilliant explanation! 🤝to my exam I go😃

    • @ECONMATHS
      @ECONMATHS  Год назад +1

      thanks for the appreciation brother. please share this channel with your friends also

  • @laithsabunchi2632
    @laithsabunchi2632 3 года назад +1

    Is this Hicksian method or Slutzky method?

  • @iftikharaliawan2848
    @iftikharaliawan2848 Год назад

    Which country you belong to.