Page 55 - DECO401_MICROECONOMIC_THEORY_PUNJABI

Pavitar Parkash Singh, Lovely Professional University
«¬’≈¬∆ñD: ¥ÓÚ≈⁄’ ¿πÍÔØ«◊’ «√˪ : ‡√ÊÂ≈ ‹ª ¡È≈«ËÓ≈È Ú¥ «ÁzÙ‡∆’؉

«¬’≈¬∆-D: ¥ÓÚ≈⁄’ ¿πÍÔØ«◊’ «√˪ : ‡√ÊÂ≈ ‹ª È؇

¡È≈«ËÓ≈È Ú¥ «ÁzÙ‡∆’؉

(Ordinal Utility Theory : Indifference Curve

Approach)

«ÚÙ∂ Ú√» (Contents)
¿πÁ∂Ù (Objectives)
ÍÃ√Â≈ÚÈ≈ (Introduction)
D.A ‡√ÊÂ≈ Ú¥ ’∆ ˛? (What is an Indifference Curve?)
D.B ‡√ÊÂ≈ √»⁄∆ (Indifference Schedule)

D.C ‡√ÊÂ≈ Ú¥ Á≈ «⁄æÂ Í∂Ù ’È≈ (Graphical Presentation of Indifference Curve)
D.D ‡√ÊÂ≈ Ó≈È «⁄æÂ (Indifference Map)
D.E √∆Ó≈ß ÍÃÂ∆√Ê≈ÍÈ Á∆ Á (Constant Marginal Rate of Substitution)
D.F √∆Ó≈ß ÍÃÂ∆√Ê≈ÍÈ Á∆ Á ÿæ‡Á∆ «’™ ˛?
(Why does the Marginal Rate of Substitution Diminish?)
D.G ÿæ‡Á∆ √∆Ó≈ß ¿πÍÔØ◊Â≈ Á≈ «ÈÔÓ ¡Â∂ ÿæ‡Á∆ √∆«Ó ÍÃÂ∆√Ê≈ÍÈ Á∂ Á Á∂ «ÈÔÓ Á∆ ÂπÒÈ≈
(Comparison of the Law of Diminishing Marginal Utility and the Law of
Diminishing Marginal Rate of Substitution)
D.H ‡√ÊÂ≈ Ú¥ «ÚÙÒ∂Ù‰ Á∆¡ª Ó≈ÈÂ≈Úª
(Assumptions of Indifference Curve Analysis)
D.I ‡√ÊÂ≈ Ú¥ª Á∆¡ª «ÚÙ∂ÙÂ≈Úª (Properties of Indifference Curves)
D.A@ ‡√ÊÂ≈ Ú¥ª Á∂ ¡≈’≈ Á∂ ’πfi ¡æÍÚ≈Á
(Some Exceptional Shapes of Indifference Curves)
D.AA Ï‹‡ ∂÷≈ ‹ª ’∆Ó ∂÷≈ (Budget Line or Price Line)
D.AB Ï‹‡ ∂÷≈ Á∆¡ª «ÚÙ∂ÙÂ≈Úª (Properties of Budget Line)
D.AC Ï‹‡ ∂÷≈ ‹ª ’∆Ó ∂÷≈ Á∆ ÂÏÁ∆Ò∆ (Shifting of the Budget Line or Price Line)

D.AD ¿πÍÌØ◊Â≈ √øÂπÒÈ (Consumer’s Equilibrium)
D.AE ¿πÍÌØ◊Â≈ √øÂπÒÈ Á∆¡ª ÁØ ¡Ë≈̻ Ùª
(Two Basic Conditions of Consumer’s Equilibrium)
D.AF ¿πÍÌØ◊Â≈ √øÂπÒÈ ”«Ú⁄ Ú√» Á∆ ’∆Ó ”Â∂ ‘؉ Ú≈Ò∂ Í«ÚÂÈ Á≈ ÍÃÌ≈Ú
(Effect of Change in Commodity Price on Consumer’s Equilibrium)

D.AG ’∆Ó ÍÃÌ≈Ú (Price Effect)
D.AH ¡≈ÓÁÈ ÍÃÌ≈Ú (Income Effect)

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