Skip to main content
Super TutorResources
Chapter 3 of 12
QuestionsNotesFlashcardsSummaryFormulasQuizConceptsSyllabusPlan
Formula Sheet

Theory of Consumer Behavior

Bihar Board · Class 12 · Economics

All formulas from Theory of Consumer Behavior in Bihar Board Class 12 Economics. Key equations, constants, and identities for board exam preparation.

30 questions24 flashcards5 concepts

Interactive on Super Tutor

Studying Theory of Consumer Behavior? Get the full interactive chapter.

Quizzes, flashcards, AI doubt-solver and a step-by-step study plan — built for formula sheet and more.

Try Super Tutor — Free

1,000+ Class 12 students started this chapter today

An illustration showing a consumer facing a choice between two goods (e.g., bananas and mangoes) with a limited income, representing the fundamental problem of choice in consumer behavior.
Super Tutor

This is just one of 24+ visuals inside Super Tutor's Theory of Consumer Behavior chapter

Explore the full set
7 Formulas · 4 Sections

Formulas

Utility: Cardinal Analysis

MU_n = TU_n − TU_(n-1)

TU_n = MU_1 + MU_2 + ... + MU_n

Utility: Ordinal Analysis & Indifference Curves

MRS = |ΔY / ΔX|

Budget Set and Budget Line

p1·x1 + p2·x2 ≤ M

x2 = M/p2 − (p1/p2)·x1

Horizontal intercept = M/p1 ; Vertical intercept = M/p2

Consumer's Optimum

At optimum: MRS = p1/p2

Full sheet with units and worked examples

View All

Frequently Asked Questions

What are the important topics in Theory of Consumer Behavior for Bihar Board Class 12 Economics?
Key topics in Theory of Consumer Behavior include Theory of Consumer Behaviour — Complete Concept Map, Correct vs Incorrect: What Causes Movement vs Shift in Demand Curve, Overview of Theory of Consumer Behaviour. These are the concepts Bihar Board Class 12 examiners draw on most — study them first, then practise related questions.
How to score full marks in Theory of Consumer Behavior — Bihar Board Class 12 Economics?
Understand the core concepts first, then work through the 30 practice questions available for this chapter. Revise formulas and definitions regularly, and use flashcards for quick recall before the exam.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

More resources for Theory of Consumer Behavior

All 12 chapters — Bihar Board Class 12 Economics Formula Sheet

For serious students

Get the full Theory of Consumer Behavior chapter — for free.

Quizzes, flashcards, AI doubt-solver and a step-by-step study plan for Bihar Board Class 12 Economics.

Try Super Tutor Free
Try the full chapter — Free