Basics: Demand

In course

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Description

This lecture covers the basics of demand, including preferences, willingness to pay, determinants of willingness to pay, marginalism, demand curves, individual and market demand functions, allocation criteria, elasticity of demand, and estimating the demand for gasoline in Switzerland from 1975 to 2019.

Instructors (3)

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Official source

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

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Ontological neighbourhood

Economics

Microeconomics: Supply and demand

Macroeconomics: Markets

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