Author Archives: EcoPoint India

Introduction to Econometrics

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Introduction to Econometrics Continue reading →

Shortcomings of GDP as a measure of output

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Shortcomings of GDP as a measure of output Continue reading →

income offer curve and engel curve for inferior goods

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income offer curve and engel curve for inferior goods Continue reading →

income offer curve and engel curve in case of perfect substitute

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income offer curve and engel curve in case of perfect substitute

income offer curve and engel curve in case of perfect substitute

Normal and Inferior goods

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Normal and Inferior goods Continue reading →

income offer curve and engel curve in case of perfect complements

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income offer curve and engel curve in case of perfect complements Continue reading →

Income offer curve and engel curve in case of quasilinear preferences

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Income offer curve and engel curve in case of quasilinear preferences Continue reading →

ordinary goods and giffen goods

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ordinary goods and giffen goods Continue reading →

price consumption curve and derivation of demand curve from ppc

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price consumption curve and derivation of demand curve from ppc Continue reading →

price consumption curve for perfect complements and derivation of demand curve from pcc

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price consumption curve for perfect complements and derivation of demand curve from pcc Continue reading →

How the budget line would shift in case of taxes and subsidies

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How the budget line would shift in case of taxes and subsidies Continue reading →

Introduction to Revealed Preference

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Introduction to Revealed Preference Continue reading →

The principle of revealed preference, direct and indirect revealed preference

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The principle of revealed preference, direct and indirect revealed preference Continue reading →

Weak Axiom of Revealed Preference (WARP) meaning

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Weak Axiom of Revealed Preference (WARP) meaning Continue reading →

Checking WARP by an example.

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Checking WARP by an example. Continue reading →

Strong Axiom of Revealed Preference (SARP) Example

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Strong Axiom of Revealed Preference (SARP) Example Continue reading →

Substitution effect and Income effect for Normal Goods

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Substitution effect and Income effect for Normal Goods Continue reading →

Substitution effect and Income effect Perfect Substitutes

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Substitution effect and Income effect Perfect Substitutes Continue reading →

Substitution effect Income effect for perfect complements

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Substitution effect Income effect for perfect complements Continue reading →

Draw the budget set in case of rationing of any one of the product

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Draw the budget set in case of rationing of any one of the product

Draw the budget set in case of rationing of any one of the product

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