Indifference Curves - Income and Substitution Effects for Normal Goods I A Level and IB Economics

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  • Опубліковано 9 січ 2025

КОМЕНТАРІ • 72

  • @tutor2u-official
    @tutor2u-official  4 роки тому +4

    We have some great free study resource collections for A level Economics and IB Economics - click here www.tutor2u.net/economics/collections

  • @isaacottley
    @isaacottley 7 років тому +49

    Thank you! You're the third person to explain this to me but you're the first who actually makes sense of it :) appreciate your help!

  • @hobispreciouseusmile
    @hobispreciouseusmile Рік тому +6

    I'm so glad i found this video ...this topic had been bugging me for weeks! When my teacher first introduced it...i couldn't get it....
    Tom i have my 90mrks eco exam and this video just made everything so crystal clear..thank you immensely sir!!
    Love from India

  • @TheFireball2005
    @TheFireball2005 11 місяців тому +2

    Well Geoff, you got me through my A-levels and now you're getting me through uni, can't thank you enough

  • @tutor2u-official
    @tutor2u-official  4 роки тому +1

    Check out our superb economics knowledge books for self study! www.tutor2u.net/economics/store/selections/revision-workbooks-for-aqa-edexcel-economics

  • @natalieseneviratne7393
    @natalieseneviratne7393 4 роки тому +10

    Thanks so much! I didn't understand this at all and your vids really helped with my college assignments!

  • @AlexB-gk1no
    @AlexB-gk1no Рік тому +3

    Protect this man at all costs.

    • @tutor2u-official
      @tutor2u-official  Рік тому +3

      Don't worry Alex - he has a 24x7 security detail who track his every move

  • @niveditacavuturi908
    @niveditacavuturi908 2 роки тому +3

    I dont know why I have not found this channel before,but none the less, I know I am gonna do well in tomorrows exam. Thank you ,sir

    • @tutor2u-official
      @tutor2u-official  2 роки тому +2

      Best of luck Nivedita - I am sure you will do well in your economics paper!

  • @kylelowryanddemarderozan4246
    @kylelowryanddemarderozan4246 Рік тому +1

    this the only video that actually helped me im so grateful thank you

  • @MaryChihana-bv8rh
    @MaryChihana-bv8rh Рік тому +1

    Nyc the video has increased my understanding from the topic

  • @adityamisra8869
    @adityamisra8869 5 років тому +9

    u helped in my economics degree.

  • @ifeojo9948
    @ifeojo9948 5 років тому +4

    thank you. This helped me understand a topic that I've never been able to grasp

  • @dr.swapnilsoni
    @dr.swapnilsoni 6 років тому +5

    CLEARLY explained!
    Question: Perfectly complementary goods are also Perfectly not Substitutable goods? I am referring to L-shaped indifferent curve here. Pl clarify!!

  • @MalavikaUjjwala
    @MalavikaUjjwala 11 місяців тому +1

    Thank you so much for helping me at the last minute. i have an examination coming up and i was really very confused with this concept.

  • @umealajekwuchinemelum5038
    @umealajekwuchinemelum5038 6 років тому +1

    Thank you so much. This is the best I have watched so far

  • @mannatkalra7174
    @mannatkalra7174 3 роки тому +3

    Great explanation! Thank you! :)

  • @nombusodlamini7298
    @nombusodlamini7298 2 роки тому +1

    Helped a lot. Thank you.

  • @carlyapp6092
    @carlyapp6092 4 роки тому +3

    thank you!!!!! this really helped and made sense.

  • @MrSkatefuture911
    @MrSkatefuture911 6 років тому +3

    This was incredibly well explained! thank you for that!

  • @stefanospapalysandrou238
    @stefanospapalysandrou238 7 років тому +7

    Salute to this man! Great Explanation! :)

  • @ShaniCallingcard
    @ShaniCallingcard 22 дні тому

    You make it very easy

  • @blackhairverse6361
    @blackhairverse6361 Рік тому +1

    *how to like a video a million times😭. Thank youuuu

  • @welearnbetter7466
    @welearnbetter7466 4 роки тому +3

    Love these free resources! .

  • @tanyaarora1445
    @tanyaarora1445 4 роки тому +1

    great explanation, thanks!

  • @rdv9710
    @rdv9710 2 роки тому +2

    Thank you! How do we know which effect is greater?

    • @tutor2u-official
      @tutor2u-official  2 роки тому +3

      Good question! Much depends on the type of product and also how strong is consumer loyalty!

  • @GlambyPragya
    @GlambyPragya 4 роки тому +2

    Indifference curve for normal good will be convex ?

  • @KanadaCraft
    @KanadaCraft 7 років тому +2

    Awesome explanation, thank you

  • @livewireredb.9953
    @livewireredb.9953 Рік тому +1

    Is the movement from A to B considered the law of diminishing marginal utility seeing as bananas were given up for more oranges?

  • @harishahari1495
    @harishahari1495 6 років тому +1

    Very nice video thank you so much

  • @valiytora6094
    @valiytora6094 7 років тому +1

    Thanks a lot, sir! Very helpful!

  • @mangaraju1157
    @mangaraju1157 6 років тому +1

    Thank you sir well explained.

  • @zharxscool429
    @zharxscool429 Рік тому +1

    it's a pivot and not a shift no? 1:42

  • @user-yg7yc4hw5y
    @user-yg7yc4hw5y 6 років тому +3

    If income rises then surely the demand for bananas also increase, assuming bananas are normal goods. If both are normal goods then should we expect to see a rise in quantity for both goods?

  • @jiaxilin9352
    @jiaxilin9352 Місяць тому

    my goat Geoff

  • @alvinkitu4561
    @alvinkitu4561 2 роки тому +2

    Thanks

  • @minaamkhan8688
    @minaamkhan8688 3 роки тому +1

    Thanks alot

  • @kigunduronald8984
    @kigunduronald8984 5 років тому +1

    Can u please explain when there is increase in prices of oranges

  • @kanyeeast61
    @kanyeeast61 Місяць тому

    bro i love you

  • @emediongbenson3218
    @emediongbenson3218 Місяць тому

    He's him !

  • @kh946
    @kh946 6 років тому +1

    Thanks dude.

  • @arinbutkow9021
    @arinbutkow9021 7 місяців тому +1

    Derek Rae

  • @ForeverAndAlways654
    @ForeverAndAlways654 6 років тому +1

    muchas gracias muy útil

  • @kayj2722
    @kayj2722 5 років тому +1

    Thank you!

  • @Erisa206
    @Erisa206 5 років тому +1

    Thank you.

  • @rodgerskakoma8984
    @rodgerskakoma8984 5 років тому +1

    Thank you

  • @bilalemran9530
    @bilalemran9530 7 років тому +1

    love you!

  • @romilpandey3855
    @romilpandey3855 6 років тому +1

    thanks man

  • @gooddaysir2420
    @gooddaysir2420 5 років тому +1

    the velative pvice

  • @fawadahmad1119
    @fawadahmad1119 5 років тому +1

    gg man