Class notes
Microeconomics - rational choice model and consumer welfare
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Uploaded on
17-09-2023
Written in
2021/2022
Microeconomic seminar notes on rational choice models and consumer surplus including graphs and equations with examples
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Written for
- Institution
- Nottingham Trent University (NTU)
- Study
- Unknown
- Course
- Microeconomics
All documents for this subject (1)
Document information
- Uploaded on
- September 17, 2023
- Number of pages
- 22
- Written in
- 2021/2022
- Type
- Class notes
- Professor(s)
- Na
- Contains
- All classes
Subjects
-
budget constraint
-
rational choice model
-
substitution effect
-
hicksian approach
-
income effect
-
composite good
-
mrs
-
price subsidy
-
consumer welfare
-
consumer surplus
-
compensating
-
diminishing marginal utility
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