This course introduces the equilibrium price theory of microeconomics, the theory of consumer behavior, producer behavior theory, the theory of market institutions, the elements of agency theory and micro-economic policies. 翻译结果2复制译文编辑译文朗读译文返回顶部 ...
Finally, the chapter establishes a number of important ancillary concepts using the necessary conditions for optimum consumer behavior. It obtains some sensitivity results concerning optimum consumer demand functions. Controlled Vocabulary Terms consumer behaviour; microeconomics...
a微观经济学(Microeconomics),有时也被称为价格理论(Price Theory),主要研究个体消费者,企业,或者产业的经济行为,及其生产和收入分配。 Sometimes microeconomics (Microeconomics), also is called the price theory (Price Theory), mainly studies the individual consumer, the enterprise, or industrial economic activ...
Microeconomicstheory begins with the proposition that consumers allocate income to consumer goods to maximise utility – the economist’s proxy for well-being. Suppose that utility (U) is a function of the amount of housing services consumed (H) and expenditures on everything else (Z). A househ...
Consumer Theory offers valuable insights into the decision-making process behind individual consumption choices. By examining how consumers allocate their limited resources, economists can gain a deeper understanding of the factors that influence consumer behavior. ...
To explain consumer behavior, economists assume that consumers have a set of tastes or preferences that they use to guide them in choosing between goods. These tastes differ substantially among individuals. Three out of four European men prefer coloured underwear, while three out of four American ...
Consumer theory is the study of how people decide to spend their money based on their individual preferences and budget constraints. A branch ofmicroeconomics, consumer theory shows how individuals make choices subject to how much incomethey have available to spend and the prices of goods and servi...
1. Consumer Theory. 2. Topics in Consumer Theory. 3. Theory of the Firm. II. MARKETS AND WELFARE. 4. Partial Equilibrium. 5. General Equilibrium. 6. Social Choice and Welfare. III. STRATEGIC BEHAVIOR. 7. Game Theory. 8. Information Economics. 9. Auctions and Mechanism Design. Math ...