Class 12 Microeconomics | Demand | Law of Demand | Increase & Decrease | Expansion & Contraction |
Автор: Let's Learn Economics
Загружено: 2025-11-26
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Class 12 Microeconomics | Budget Set & Consumer Equilibrium | NCERT Explained
Welcome to our Class 12 Economics lecture!
In this video, we explain Budget Set and Consumer Equilibrium in a simple and easy way, based on the NCERT +2 Microeconomics syllabus.
📝 Topics Covered:
✔ What is Budget Set?
✔ Budget Line – Meaning & Explanation
✔ Slope of Budget Line
✔ Changes in Budget Line (Price & Income Effect)
✔ Meaning of Consumer Equilibrium
✔ Conditions for Consumer Equilibrium
✔ Indifference Curve & Budget Line Approach
✔ Important NCERT questions for exams
🎯 Perfect for:
– Class 12 CBSE / State Board students
– NCERT Economics preparation
– Term exams & board examinations
– Quick revision before tests
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