Page 56 - DECO401_MICROECONOMIC_THEORY_PUNJABI

«Ú¡Ù‡∆ ¡ÊÙ≈√Â Á∂ «√˪Â

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D.AI ÍÃÂ∆√Ê≈ÍÈ ÍÃÌ≈Ú (Substitution Effect)
D.B@ ÍÃÂ∆√Ê≈ÍÈ ¡Â∂ ¡≈ÓÁÈ ÍÃÌ≈Ú Á∆ Í«‘⁄≈‰ ‹ª ’∆Ó ÍÃÌ≈Ú Á≈ ÍÃÂ∆√Ê≈ÍÈ ÍÃÌ≈Ú ¡Â∂
¡≈ÓÁÈ ÍÃÌ≈Ú «Úæ⁄ Úø‚
(Identification of Substitution Effect and Income Effect of Splitting Price Effect
into Substitution Effect and Income Effect)
D.BA «‘’√ Á≈ «ÁzÙ‡∆’؉ (The Hicksian Approach)
D.BB «◊æÎÈ Á∆ «ÚØËÂ≈ (Giffen’s Paradox)
D.BC «◊æÎÈ Ú√»¡ª Á∆ √«ÊÂ∆ «Úæ⁄ ¡≈ÓÁÈ ¡Â∂ ÍÃÂ∆√Ê≈ÍÈ ÍÃÌ≈Ú
(Income and Substitution Effects in Case of Giffen Goods)
D.BD ¡≈ÓÁÈ ¡Â∂ ÍÃÂ∆√Ê≈ÍÈ ÍÃÌ≈Úª Á∂ √øÌÚ √ø‹Ø◊
(Possible Combinations of Income and Substitution Effects)
D.BE √Ò‡√’∆ Á≈ «ÁzÙ‡∆’؉ (The Slutsky’s Approach)

D.BF √Ò‡√’∆ Á≈ «ÁzÙ‡∆’؉ «‘æ’√ Á∂ «ÁzÙ‡∆’؉ ÂØ∫ «’√ Â∑ª Úæ÷ ˛?
(How Slutsky’s Approach Differs from Hicks’ Approach?)
D.BG ’∆Ó ¿πÍÌØ◊ Ú¥ (Price Consumption Curve)

D.BH «Ú¡≈«÷¡≈ (Explanation)
D.BI ’∆Ó ¿πÍÌØ◊ Ú¥ PCC Á∆ „Ò≈‰ (Slope of PCC Curve)
D.C@ ‡√ÊÂ≈ Ú¥ «ÚÙÒ∂Ù‰ ¡Â∂ ’∆Ó ¿πÍÌØ◊ Ú¥ È≈Ò Óø◊ Ú¥ Ô≈Á ’È≈
(Derivation of Demand Curve Through Indifference Curve Analysis or Through
Price Consumption Curve)
D.CA Óø◊ Ú¥ ¡Â∂ ’∆Ó ¿πÍÌØ◊ Ú¥ Á∂ Á«Ó¡≈È Î’
(Difference between Demand Curve and Price Consumption Curve)
D.CB ¡≈ÓÁÈ ¿πÍÌØ◊ Ú¥ (Income Consumption Curve)
D.CC Ú’Ã Á∆ „Ò≈‰ (Slope of the Curve)

D.CD ¬∂∫«‹Ò Ú’z (Engel’s Curve)
D.CE Óø◊ «√˪ Á∆ ¡≈ÒØ⁄È≈ (Criticism of Demand Theory)
D.CF Óø◊ Á∂ «ÈÔÓ È≈Ò √Ïø«Ë ¡≈Ø«Í ¡æÍÚ≈Á (Alleged Exception to the Law of Demand)
D.CG Óø◊ «√˪ ¡Ú≈√«ڒ ˛ : ¿πÍÌØ◊Â≈ Á≈ «ÚÚ‘≈ Óø◊ «√˪ Á∂ ¿πÒ‡ ˛
(Demand Theory is Unrealistic : Consumer Behaviour Contradictory to
Demand Theory)
D.CH √≈≈ßÙ (Summary)
D.CI ÙÏÁ’ØÙ (Keywords)

D.D@ ¡«Ì¡≈√ ÍzÙÈ (Review Questions)
D.DA √Ïß«Ë Íπ√Â’ª (Further Readings)

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