Start
I
Markets
II
Household Theory
8
Optimum choice of consumption: graphical solution
8.1
The options of the consumer
8.2
The budget line
8.3
Indifference curve
8.4
Budget optimum
8.5
Change of income
8.6
Inferior goods
8.7
Engel curves: normal vs. inferior goods
8.8
Price changes
8.9
Income- and substitution- effects
8.10
Giffen good
9
Optimal consumption choice: calculative solution: optimization with constraints
III
Production and Utility Functions
IV
Cold Progression
V
Linear Regression for Dummies
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Chapter 8
Optimum choice of consumption: graphical solution
8.1
The options of the consumer
8.2
The budget line
8.3
Indifference curve
8.4
Budget optimum
8.5
Change of income
8.6
Inferior goods
8.7
Engel curves: normal vs. inferior goods
8.8
Price changes
8.9
Income- and substitution- effects
8.10
Giffen good
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(c) by Christian Bauer
Prof. Dr. Christian Bauer
Chair of monetary economics
Trier University
D-54296 Trier
Tel.: +49 (0)651/201-2743
E-mail: Bauer@uni-trier.de
URL:
https://www.cbauer.de