Derivation of Demand Curve | Using Law of Diminishing Marginal Utility | Cardinal Utility Analysis

In this comprehensive lecture on Cardinal Utility Analysis, we explain the complete step-by-step derivation of the Law of Demand directly from the Law of Diminishing Marginal Utility (LDMU). Designed specifically for undergraduate economics students and competitive exam aspirants, this video covers the theoretical foundation, key assumptions, numerical schedules, dual-panel graphical mapping, and critical limitations of Marshall’s Cardinal approach. See the full Playlist for Utility Analysis:    • Microeconomics | Utility Analysis   --- ⏱️ Video Timestamps / Chapters: 00:00 Introduction 00:15 Definition: LDMU & Law of Demand 03:10 The 5 Essential Assumptions 04:40 Core Concept of Derivation 06:45 Schedule based derivation of Demand Curve 12:35 Graph based derivation of Demand Curve 16:55 Supporting Text for Graph 18:50 Criticisms --- 👨‍🏫 About Your Instructor: Taught by a UGC NET Qualified Instructor in Economics, dedicated to simplifying complex microeconomic concepts with structured, exam-oriented notes, clear diagrammatic breakdowns, and pedagogical clarity. --- 🔔 Subscribe to the channel for complete, syllabus-mapped Microeconomics lectures and exam prep resources! #microeconomics #lawofdemand #economicslectures #demand #ugcnetpreparation #ugcneteconomics #economicsforbeginners #derivation