Economics > Microeconomics 3: Income-Substitution Effect (Slutsky), Revealed Preferences and Edgeworth box > Flashcards

Microeconomics 3: Income-Substitution Effect (Slutsky), Revealed Preferences and Edgeworth box Flashcards

Introduction  1.1 Consumer choice building blocks: budget constraint, preferences, and utility function;  1.2 Consumer’s optimal choice;  1.3 Consumer demand  Income effect;  Price effect;  Slutsky income and substitution effect.

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Economics (82 decks)

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Microeconomics 3: Income-Substitution Effect (Slutsky), Revealed Preferences and Edgeworth box

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Microeconomics 3: Income-Substitution Effect (Slutsky), Revealed Preferences and Edgeworth box Flashcards

Introduction  1.1 Consumer choice building blocks: budget constraint, preferences, and utility function;  1.2 Consumer’s optimal choice;  1.3 Consumer demand  Income effect;  Price effect;  Slutsky income and substitution effect.

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