Introduction to Econometrics Continue reading
Author Archives: EcoPoint India
Shortcomings of GDP as a measure of output
Shortcomings of GDP as a measure of output Continue reading
income offer curve and engel curve for inferior goods
income offer curve and engel curve for inferior goods Continue reading
income offer curve and engel curve in case of perfect substitute
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
Normal and Inferior goods Continue reading
income offer curve and engel curve in case of perfect complements
income offer curve and engel curve in case of perfect complements Continue reading
Income offer curve and engel curve in case of quasilinear preferences
Income offer curve and engel curve in case of quasilinear preferences Continue reading
ordinary goods and giffen goods
ordinary goods and giffen goods Continue reading
price consumption curve and derivation of demand curve from ppc
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
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
How the budget line would shift in case of taxes and subsidies Continue reading
Introduction to Revealed Preference
Introduction to Revealed Preference Continue reading
The principle of revealed preference, direct and indirect revealed preference
The principle of revealed preference, direct and indirect revealed preference Continue reading
Weak Axiom of Revealed Preference (WARP) meaning
Weak Axiom of Revealed Preference (WARP) meaning Continue reading
Checking WARP by an example.
Checking WARP by an example. Continue reading
Strong Axiom of Revealed Preference (SARP) Example
Strong Axiom of Revealed Preference (SARP) Example Continue reading
Substitution effect and Income effect for Normal Goods
Substitution effect and Income effect for Normal Goods Continue reading
Substitution effect and Income effect Perfect Substitutes
Substitution effect and Income effect Perfect Substitutes Continue reading
Substitution effect Income effect for perfect complements
Substitution effect Income effect for perfect complements Continue reading
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




