(M3E10) [Microeconomics] Indirect Utility Functions and Lump-Sum Principle

In this episode I introduce an important concept, known as Indirect Utility Functions, and talk about one of its important applications; the Lump-Sum Principle.

It's crucial to watch lecture videos in the proper order to ensure effective learning. This is because the concepts in each video build upon those introduced in previous videos. To help you with this, I recommend visiting my website, www.selcukozyurt.com, for a recommended course outline.