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Consumer Equilibrium - Ordinal Utility | Indifference Curve Analysis | Microeconomics Class 11 | Jatin Rajpal Sir

Learn Consumer Equilibrium in Microeconomics with the Indifference Curve Analysis and Ordinal Utility Approach explained step by step. This Class 11 Economics lecture by Jatin Rajpal Sir will help you understand important concepts for CBSE, NCERT, Class 11 & Class 12 Economics, as well as for competitive exams.

1:21 - Lecture Start,
2:44 - What is Utility,
8:17 - Indifference Curve,
21:27 - Indifference Map,
21:59 - IC Properties,
30:24 - Monotonic Preference,
35:26 - Meaning of IC,
35:36 - MRS,
37:11 - Budget Line,
46:49 - Definition of BL,
53:23 - Shift in Budget Line,
56:03 - Effect of Change in Prices,
59:26 - 6 Marks most imp,

🔑 Topics Covered in This Lecture:

Meaning of Consumer’s Equilibrium

Ordinal Utility approach in Economics

Indifference Curve Analysis explained with examples

Derivation of equilibrium condition: MRS = Px/Py

Important points for Board Exams & entrance tests

📘 Best for:

Class 11 & 12 Students (CBSE/ICSE/State Boards)

CUET, BBA, B.Com, UPSC & Other Economics Entrance Exams

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Welcome To Economics With Jatin Rajpal Sir! Dive Into Comprehensive And Engaging Classes Covering Microeconomics, Macroeconomics, And More. Perfect For Students And Enthusiasts Looking To Master Economic Principles With Clear Explanations And Practical Insights. Subscribe For Regular Lessons, Exam Tips, And In-depth Analyses. Let's Make Economics Simple And Fun!

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