Essentials of microeconomics

Krister Ahlersten Microeconomics Download free eBooks at bookboon.com Microeconomics 1st edition © 2008 Krister Ahlersten & bookboon.com ISBN 978-87-7681-410-6 Download free eBooks at bookboon.com Microeconomics Contents Contents Introduction 10 1.1 Plan 11 Supply, Demand, and Market Equilibrium 13 2.1 Demand 13 2.2 Supply 15 2.3 Equilibrium 16 2.4 Price and Quantity Regulations 19 Consumer heory 22 3.1 3.2 Baskets of Goods and the Budget Line Preferences 23 26 3.3 Indiference Curves 27 3.4 Indiference Maps 29 3.5 he Marginal Rate of Substitution 30 3.6 Indiference Curves for Perfect Substitutes and Complementary Goods 32 www.sylvania.com We not reinvent the wheel we reinvent light Fascinating lighting offers an ininite spectrum of possibilities: Innovative technologies and new markets provide both opportunities and challenges An environment in which your expertise is in high demand Enjoy the supportive working atmosphere within our global group and beneit from international career paths Implement sustainable ideas in close cooperation with other specialists and contribute to inluencing our future Come and join us in reinventing light every day Light is OSRAM Download free eBooks at bookboon.com Click on the ad to read more Microeconomics Contents 3.7 Utility Maximization: Optimal Consumer Choice 32 3.8 More than Two Goods 35 Demand 36 4.1 Individual Demand 36 4.2 Market Demand 40 4.3 Elasticity 41 Income and Substitution Efects 45 5.1 Normal Good 45 5.2 Inferior Good 47 Choice under Uncertainty 50 6.1 Expected Value 50 6.2 Expected Utility 51 6.3 Risk Preferences 53 6.4 Certainty Equivalence and the Risk Premium 54 6.5 Risk Reduction 54 360° thinking Discover the truth at www.deloitte.ca/careers Download free eBooks at bookboon.com © Deloitte & Touche LLP and affiliated entities Click on the ad to read more ... Ahlersten Microeconomics Download free eBooks at bookboon.com Microeconomics 1st edition © 2008 Krister Ahlersten & bookboon.com ISBN 978-87-7681-410-6 Download free eBooks at bookboon.com Microeconomics. .. 19 Consumer heory 22 3.1 3.2 Baskets of Goods and the Budget Line Preferences 23 26 3.3 Indiference Curves 27 3.4 Indiference Maps 29 3.5 he Marginal Rate of Substitution 30 3.6 Indiference Curves... www.sylvania.com We not reinvent the wheel we reinvent light Fascinating lighting offers an ininite spectrum of possibilities: Innovative technologies and new markets provide both opportunities