Sir thank you so much for giving such wonderful explanation about topics in a simple way.Sir it's just a request,it will be very helpful if u can do this videos in English too . Thank you 😊🙏
Sir if the price of x has reduced and also to keep the real income constant, we consider the money income of the consumer to fall, then the consumer should buy exactly the commodity bundle he used to buy before. Why is the consumer increasing his consumption of x?
Very satisfactory elaboration. Bro I have a query that like in slutsky theorem there are two cases. 1) Rise in price. 2) fall in price. But in Hicks theory only Decrease in price. Why? Or is there both cases in Hicks theory too?
Sir, when price has increased, we've given the consumer some extra amount of money which is equal to the cost difference, so the cost difference which is given to consumer (in case of price rise of the commodity) is it known as equivalent variation ?? Please tell Sir
lets assume When your income increase by 5 percent and at the same time inflation also rise by 5 percent.. so there will no change in your purchasing power tht mean.. aap pehle jitni cheeze khrid skte the ab b utni e khrid paaoge kynki apki income bdhne k sath inflation b pdh gya.. too apko koi fayda ni hua... so we can say apki real income nhi bdhi jbki apki money income 5 percent bdh gai👍
Sir ... I have a doubt... Shd we draw 2nd indifference curve anywhere on budget line below the E1 in the 1st case (declining price) and above the E1 in the 2nd case (rising price)????
Thank u so much sir..mjhe slutsky substitution effect ab ache se clear ho gya..isko smjhne m mjhe bhut confusion hoti thi ..now it's clearly understandable..😊
Why we have to keep real income constant and why we have shift the budget line? Why we cannot go to the budget line budget line obtained at when price decline . Why we have to shift the budget line according to the cost difference.
It is because if real income not constant then consumer consumption more of good x with higher indifference curve and that condition will only in price effect...to understand substitute effect we assume that real income constant
A consumer consumes two goods X and Y the price of good are PX and p y respectively if price of good X falls and hicksian substitution effect is greater than slutsky substitution effect when good X is normal true or false explain?
Substitution effect is negative because when a price of a good increases its demand decreases. For ex if price of tea increases then people will shift their demand towards coffee and the demand of tea will decrease. Whereas income effect is positive because when the income of the consumer increases their demand for the commodity also increases.
It is because if real income not constant then consumer consumption more of good x with higher indifference curve and that condition will only in price effect...to understand substitute effect we assume that real income constant
![(M4E4) [Microeconomics] Finding Income and Substitution Effects: Slutsky Decomposition Method](/img/1.gif)
Great video bro itni videos dekhi hai online sala kaam kuch nhi aata most effective aur poori baat ka nichod tumne nikala hai
Keep up the good work
Finally got the opportunity to learn from the best teacher 😍 blessed to find this channel ❤️
Thanks a ton sir 🙏🏻
Sir plz background colour light use kia karo jo red colour se likha h woh samjh hi nhi aa raha😐plz sir
next tym i will keep it light😊👍
Sach
Sir Your all videos are really very helpful
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100% clarity of concept.
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U teach very well sir
My concept is completely cleared thank you so much sir
Thankyou🙏.. keep supporting and sharing👍
@@LearntoCompete yeah sure
My pleasure ☺
Hii
Great.sir you explained really well short, quick, effective.. 😊
I got maximum satisfaction from your good elaboration video on substitution effect.
Thankyou for these words🙏 .... Keep supporting. Do share😊
Thank u sir...... For analysing such a simple way
thank you very much for the explanation. It made me understand the topic.
Black colour use krne ki vjh se problem ho rhi hai diagram ko smjhne mai otherwise topic is so resilent bhut easily smjh aya..🙌 😊
Good job sir your teaching method is to much good..
Thanks for making this video
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sir....ur teaching is amazing......plzzz sir MA economics k saare topics cover krva dijiye ......i hope u understand .......
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Good explanation
waah bhai kitna bdya smjhaya apne easy way me bht khub bro
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Helo
Thanks ....
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Sir ur explanation is tooo good
Thank you sir 🙏😊
I just wanna say it's very helpful.... keep it up sir.👍🏻
Sir thank you so much for giving such wonderful explanation about topics in a simple way.Sir it's just a request,it will be very helpful if u can do this videos in English too . Thank you 😊🙏
Great teaching sir🙏
Good sir concept clear ho jate h
Thank you
"Williamson theory of Managerial utility maximization" please make a video on this topic🙏🙏
thanks for this video. please upload more videos on micro economics.
Well explained 🙏 thanks
Thankyou for watching... Please share with you friends as your one share will motivate us to come up with new videos.🙏
Great explantion sir
Thanks sir..... 👍👍
Thankyou for watching... Please share with you friends as your one share will motivate us to come up with new videos.🙏
Really u explain well keep it up
very clear explanation sir
Thank you sir it's good way of learning.
Sir if the price of x has reduced and also to keep the real income constant, we consider the money income of the consumer to fall, then the consumer should buy exactly the commodity bundle he used to buy before. Why is the consumer increasing his consumption of x?
Because consumer is aware of price fall of good X
Very satisfactory elaboration. Bro
I have a query that like in slutsky theorem there are two cases. 1) Rise in price. 2) fall in price. But in Hicks theory only Decrease in price. Why? Or is there both cases in Hicks theory too?
marginal utility of your videos are surprisingly increasing
Sir, when price has increased, we've given the consumer some extra amount of money which is equal to the cost difference, so the cost difference which is given to consumer (in case of price rise of the commodity) is it known as equivalent variation ?? Please tell Sir
Nice Explaination Sir...👌
Sir can you show spit up of price effect into subs and income effect in slutsky
We just got a classwork to try to understand this topic through yt
Very good explanation sir 👍
I love you sir mast clarity
Thankyou.. please share🙏🤝
Best explanation
with which application you make this type of videos
Sir pivot ka matlab kya Hota hai?
Love from nepal🇳🇵
Very effective
Thankyou
Thanku so much
Thank you sir
🙏🙏 thnku sir
Sir can you plzz provide notes in simple words ??
How can decomposition PE, IE, SE from this figure??
Sir jii app white pen likhiye naa red pen see likh nee see kuch v nahai dik Raha hai 🙏🙏
Sir real income aur money income ek bar define kr dijiyega plzz
lets assume When your income increase by 5 percent and at the same time inflation also rise by 5 percent.. so there will no change in your purchasing power tht mean.. aap pehle jitni cheeze khrid skte the ab b utni e khrid paaoge kynki apki income bdhne k sath inflation b pdh gya.. too apko koi fayda ni hua... so we can say apki real income nhi bdhi jbki apki money income 5 percent bdh gai👍
Sir jb money income constant h...toh satisfaction bi same hi hoga...highe indifference p kese jaata consumer...
Sir plzz plzz try to cover up the cbcs sallaybus of micro and macro .. it will very helpful to the degree student as they don't go for offline tution
thanks from pakistan .
Sir ... I have a doubt... Shd we draw 2nd indifference curve anywhere on budget line below the E1 in the 1st case (declining price) and above the E1 in the 2nd case (rising price)????
No hum aisa nhi kr skta kyuki hum mante Hai ki consumer rational hoga.... Or rational consumer price km hone pr jyada quantity kharidta Hai
Thank u so much sir..mjhe slutsky substitution effect ab ache se clear ho gya..isko smjhne m mjhe bhut confusion hoti thi ..now it's clearly understandable..😊
Thankyou😊.. Do share with your fellow students🙏
Notes mil sakti h kya
Sir, I was red that substitution effect always we positive .
Why we have to keep real income constant and why we have shift the budget line? Why we cannot go to the budget line budget line obtained at when price decline . Why we have to shift the budget line according to the cost difference.
It is because if real income not constant then consumer consumption more of good x with higher indifference curve and that condition will only in price effect...to understand substitute effect we assume that real income constant
Thank you sir.
Sir please may you please also explain for griffen good case for decrease in price of good .
@@swatikumari2861 you mai visit to my channel Also so that I clear your doubts
Sir why have to need reduce money income how it is possible in the world at time of purchase goods
❤❤❤
Sir pdf mil jygi kya in ki
A consumer consumes two goods X and Y the price of good are PX and p y respectively if price of good X falls and hicksian substitution effect is greater than slutsky substitution effect when good X is normal true or false explain?
Konsi apps h dear sir....
Sir rise in price ka case samjh nhi aya.
Video quality bdhao bhyii
Please change the colour
Red colour nhi dikh raha
mazza aaya video dekh ke aur yeh maja mein her bande ko dena chahta hoon
Yee Red mark hatao sir kuch v dikhai nehi de raha hai..
Diagram thik se nazar ni aa rhy
Learn bolne ka tarika thoda casual h
👍👍
my book has written that the substitution effect is positive. why?
Substitution effect is always negative😊
0. 75 x speed to watch your video
Sorry for inconvenience.. working on that🙏
Sir..plz explain tow..kar diye but mujhe ak note..karke dize kaise likhu samaj nahi paraha hu 😭
Jo likh rhe ho smjh nhi aa rha hai,
samj ni aaya
at last why the substitution effect is negative ? in the hicks video also it was negative. plz clear
Substitution effect is negative because when a price of a good increases its demand decreases. For ex if price of tea increases then people will shift their demand towards coffee and the demand of tea will decrease.
Whereas income effect is positive because when the income of the consumer increases their demand for the commodity also increases.
Why in both cases it is assumed that real remains constant
It is because if real income not constant then consumer consumption more of good x with higher indifference curve and that condition will only in price effect...to understand substitute effect we assume that real income constant
Your colour combination of markers is very bad
Improve your writing
my writing is good.. i just need more experience to hold that tablet pen as i am not acustomed of it😊.. i will try to do gud in next video😊 Thankyou👍😊
tu likh ke dikha.. bada aaie hand writing main comment karne...
@shreya yadav :- Tu samja ye topic. Itna achha samjaya. Thanks bolne ki jagah.... Advise de rahi hai. U should shame on urself.
Thankyou sir 😊
thankyou
Thank you
Thank you sooo much