How to Make Indifference Curves in Excel

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Making indifference curves in Excel will require you to work with both an X and a Y axis. Make indifference curves in Excel with help from a Microsoft Certified Applications Specialist in this free video clip.

Part of the Video Series: Microsoft Excel Help
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Video Transcript

Hello, I'm Jesica, an e-learning specialist. And I'm here to talk to you about indifference curves. Now, indifference curves are a great way to compare results like survey results. So, I have this file, there's Series X and a Series Y for your reference. So, we're going to insert the pie chart, I'm going to select my data, add some data. We have a little bit of an issue using a pie chart because it only gives me one series value. So, let's try something else. I'm going to go to Change Chart Type, I'm going to choose a Scatter Chart. And I like the scatter one with smooth lines, that looks great for this. Now, I'm going to select my data, add it and I'm going to call this Indifference. And then, I'm going to Series X and then, make sure you delete that one out. So that you can add your Series Y, click O.K., click O.K. again. And there it is, my indifference curve. So, it's really easy to create the indifference chart, just remember to use the scatter chart style. Thanks for watching.


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