Monotonicity of Preferences | Why Indifference Curves are Downward Sloping| | 10 |

This video talks about the first property of well behaved preferences :

1) Monotonicity of Preferences (More is better)
2) How Monotonicity assumption is affecting the downward slope of Indifference curve?

Reference : Varian Chapter 3

This is useful for those who are preparing

1) Intermediate Microeconomics Course in their semesters
2) UGC Net Economics
3) Basics of MA Economics Entrance Exam (DSE/ISI/JNU/IGIDR/MSE)
4) Indian Economic Services

For any course related query please call 9999886629

[nishantmehraecopoint]

This video talks about the first property of well behaved preferences :

1) Monotonicity of Preferences (More is better)
2) How Monotonicity assumption is affecting the downward slope of Indifference curve?


Reference : Varian Chapter 3

This is useful for those who are preparing

1) Intermediate Microeconomics Course in their semesters
2) UGC Net Economics
3) Basics of MA Economics Entrance Exam (DSE/ISI/JNU/IGIDR/MSE)
4) Indian Economic Services

For any course related query please call 9999886629
or visit nishantmehra.com for IAS Economics Optional/ Indian Economic Services/ UGC Net Economics
or visit Ecopoint.in for MA Economics Entrance Coaching

[iqrajan]

I literally have no words to appreciate ur hold on economics...sir u don't know how easy u are making it...thank u very much sir

[utsariguptabhaya]

I have been studying monotonicity for 4 years now but now is the first time I practically understood it. You're filling the gaps of Hal Varian sir, thank you so much! ❤️

[aakshi.]

i don't usually comment on youtube videos but I had to here. This was very well explained, thank you so much Sir!

[meghasingh]

I was finding such video, thanks I read this topic from Varian but could not understand, u made it.

[aryananand]

great video, how can questions be asked on this topic any eg

[smitheesaha]

sir what is convex combination please explain it❤