宁静致远书法1. Introduction, the rearch object of microeconomic
2. The market demand and budget constraint
3. Preference and utility function for a reprentative consumer
4. The optimal choice of a consumer and the relevant comparative analysis
古代成语故事5. Slutsky decomposition and Hicks decomposition
6. Endowment and the intertemporal choice of a consumer
7. Uncertainty and the relevant indices that measure social welfare
8. Market equilibrium
9. Technology and the framework of producer theory
10. Cost function and the industry
11. Monopoly and price discrimination
12. Oligopoly: Cournot Model and Bertrand Model
13. An introduction to Game theory
14. General equilibrium theory
15. Information economics
大臂纹身图案
Lecture 1¡¡Introduction, the rearch object of microeconomic
1. Suppo that there were 25 people who had a rervation price of $500, and the 26 th person had a rervation price of $200. What would the demand curve like?
里番肉番
2. In the above example, what would the equilibrium price be if there were 24 apartments to rent? What if there were 26 apartments to rent? What if there were 25 apartments to rent?
3. In the text we assumed that the condominium purchars came from the inner-ring peo
ple-people who were already renting apartments. What would happen to the price of inner-ring apartments if all of the condominium purchars were outer-ring people- the people who were not currently renting apartments in the inner ring?
4. Suppo now that the condominium purchars were all inner-ring people, but that each condominium was constructed from two apartments. What would happen to the price of apartments?
·µ»Ø¶¥²¿
Lecture 2¡¡The market demand and budget constraint
手掌发青的图片1. If the price of good 1 doubles and the price of good 2 increas triples, do the budge line become flatter or steeper?
2. What is the definition of a numeraire good?
3. If the income of the consumer increas and one of the prices decreas at the same time, will the consumer necessarily be at least as well-off?
·µ»Ø¶¥²¿
Lecture 3¡¡Preference and utility function for a reprentative consumer
1. A college football coach says that given any two linemen A and B, he always prefers the one who is bigger and faster. Is this preference relation transitive? Is it complete?
2. Can an indifference curve across itlf? For example, would figure 3.2 depict a single indifference curve?
3. If both pepperoni and anchovies are bads, will the indifference curve have a positive or a negative slope?
4. Think of some other goods for which your preference might be concave?
5. We claimed in the text that if preference were monotonic, then a diagonal line through the origin would interct each indifference curve exactly once. Can you prove this rigorously?
6. Can you explain why taking a monotonic transformation of a utility doesn't change the marginal rate of substitution?
·µ»Ø¶¥²¿
湛东升Lecture 4¡¡The optimal choice of a consumer and the relevant comparative analysis
心有灵犀一点通1. If a consumer has a utility function ¦Ì(x1,x2)= x1*(x2^4), what fraction of her income will she spend on good 2?
2. If two goods are perfect substitutes, what is the demand function for good 2?
3. For what kind of preferences will the consumer be just as well-off facing a quantity tax
as an income tax?
4. If the preferences are concave will the consumer ever consumer both of the goods together?
5. Are all hamburgers and buns complements or substitutes?
6. What is the form of the inver demand function for good 1 in the ca of perfect complements?
7. True of fal? If the demand function is x1=-p1, then the inver demand function is x=-1/p1.
·µ»Ø¶¥²¿ 冯坤
Lecture 5¡¡Slutsky decomposition and Hicks decomposition
1. Suppo a consumer has preferences between two goods that are perfect substitutes. Can you change prices in such a way that the entire demand respon is due to the income effect?
2. Suppo that preferences are concave. Is it still the ca that the substitution effect is negative?
3. In the ca of the gasoline tax, what would happen if the rebate to the consumers were bad on their original consumption of gasoline, x, rather than on their final consumption of gasoline, x'?
4. In this ca described in the preceding question, would the government be paying out more or less than it received in tax revenues?
5. In this ca would the consumers be better off or wor off if the tax with rebate bad on original consumption were in effect?
