Lecture

Microeconomic Consumer Theory

Description

This lecture covers the theoretical foundations of microeconomic consumer theory, focusing on choice models, consumption bundles, budget constraints, and demand functions. The instructor explains how to solve optimization problems to maximize utility subject to budget constraints, using examples like the Cobb-Douglas utility function.

In MOOCs (2)

Instructor

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Official source

https://mediaspace.epfl.ch/media/0_q0vhnqgi

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Ontological neighbourhood

Economics

Microeconomics: Utility

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