1. Theory of the firm
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Technology of the firm
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Properties of the firm’s technology
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Profit maximization
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Comparative statics
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Cost minimization
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Comparative statics results
2. Consumer behaviour theory
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Utility maximization
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The expenditure function
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Money metric utility functions
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Slutsky equations
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Compensating and equivalent variations
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Consumer surplus
3. Uncertainty
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Expected utility functions
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Risk aversion
4. Intertemporal utility maximization
Course Features
- Lecture 0
- Quiz 0
- Duration 10 weeks
- Skill level All levels
- Language English
- Students 0
- Assessments Yes
