Business Economics, B.Com (Programme)
Price, income and substitution effects
Every paper it came up in, with its marks and how they split between numerical and theory.
1/2papers it came in, 2024 to 2025, 1 of them only as the OR choice
18marks on average when it comes
18most marks it has carried in one paper
Numerical 0%Theory 100%of its marks over all papers
This topic only ever appears as the OR choice against Indifference curves and consumer equilibrium. Learn one of the two, not both; the plan leaves this one out unless you drop the other.
Where it appeared one per sitting
Current syllabus UGCF papers, newest first
- Deriving the Engel curve from the income consumption curve: necessities, luxuries and inferior goods9 marksQuestion 2 (c), December 2024, being checked
- Substitution effect and income effect of a price fall for a normal good (Hicksian method)9 marksQuestion 2 (d), December 2024, being checked
See the whole order.Every topic of Business Economics ranked by what it adds, with the OR choices accounted for.
Study order