Class-11, Economics, Chapter-4, |The Law of Diminishing Marginal Utility|

This is a complete, one-shot guide for 'The Law of Diminishing Marginal Utility'. I have broken down this fundamental concept of Class 11 Economics with simple definitions, real-life examples and clear graphs of Total & Marginal Utility. It is also useful for Class-9, BCA (Applied Economics), BBA, BA (Economics) and other bachelor programs.
📚 In this video, you will learn and understand:
✅ The Law of Diminishing Marginal Utility - Simple Definition & Statement
✅ Key Assumptions of the law
✅ Detailed Real-Life Example with
✅ Graphical Explanation of TU and MU Curves & their relationship
✅ Important Exceptions to the Law
✅ Why this law is so important in Economics?
This lecture is designed for NEB Grade 11 students but is perfect for anyone starting their journey in microeconomics.
👨🏫 About the Instructor:
Hi, I'm Suraj Ghimire. My mission is to make Economics simple, interesting, and accessible for every student in Nepal. If you're new here, consider subscribing!
**📖 FREE Resources:
Download the PDF Notes for this chapter here: (will be updated soon)
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Disclaimer: This content is created for educational purposes based on the NEB curriculum. Always refer to your official textbook for exam preparation.
Thank you for watching! Keep learning.
Suraj Ghimire