Published On Jun 19, 2020
This Video talks about what is budget constraint, if prices and income change how will budget line shift. How budget line looks like if one of the good is taxed, subsidised or rationed. How will budget line looks like in case of Food Stamp program. And then it ends with an example of kinked budget constraint. You should supplement this with some more mathematical examples.
This can be used for
*DU Semester III (Intermediate Microeconomic Theory)
As a part of Basics course for MA Economics Entrance
Anywhere Varian is used a text. You can supplement this with the text prescribed to you.
For any exam like UGC Net/Indian Economic Services/ IAS Economics Optional
For any course related queries, please visit www.ecopoint.in or call us 9999886629/9873903314