A.5 Budget constraint | Consumption - Microeconomics

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This video explains the very basics of the budget constraint, which is of great importance when dealing with consumption duality. We start by analysing its components, then explain how to draw the budget line and lastly we focus on different factors that can change its shape.
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This video explains the very basics of the budget constraint, which is of great importance when dealing with consumption duality. We start by analysing its components, then explain how to draw the budget line and lastly we focus on different factors that can change its shape. A.5 Budget constraint | Consumption - Microeconomics Learn, and enjoy!

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Informative video