'Optimal consumption' diaporamas de présentation

Can Jay-Z Get You to Drink Cherry Coke?

Can Jay-Z Get You to Drink Cherry Coke?. Learning Objectives. Firms must understand consumer behavior to determine whether strategies such as using celebrities in their advertising are likely to be effective. Learning Objective 9.1. Utility and Consumer Decision Making.

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Unit 5: The Rational Consumer

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Utility Maximization: Equalizing Marginal Utility per Dollar

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Capital Market, Consumption and Investment (L1)

Capital Market, Consumption and Investment (L1). Consumption and investment without capital market Consumption and investment with capital market Fisher separation theorem Breaking down the separation : transaction costs Breaking down the separation: agency problem

1.53k views • 22 slides

Optimal Growth Models

Optimal Growth Models. One Sector Ramsey Model Role of the Financial Sector . Cass (1965) Koopman(1965) type Optimal Growth Model. Steady State in an Optimal Growth Model. Optimal Growth Model with less than 100% depreciation. Steady State in an Optimal Growth Model

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CHAPTER 10 The Rational Consumer

CHAPTER 10 The Rational Consumer. What you will learn in this chapter:. How consumers choose to spend their income on goods and services Why consumers make choices by maximizing utility, a measure of satisfaction from consumption

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I 1

Indifference map & budget line. Y. Y i. r. Infeasible region. s. I 5. t. Y 1. I 4. I 3. u. I 2. v. I 1. feasible region. Y. O. X i. X 1. Optimal point : Where the budget line is tangent to the highest indifference curve. Introductory Economic Lecture 5. Introductory

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Behind The Demand Curve I

Behind The Demand Curve I. 1.Marginal utility theory assumptions law of diminishing marginal utility optimal consumption critique 2. Uses of utility theory?. Uses. (i) Elasticity - determined by preferences. How quickly MU diminishes (ii) Efficiency - consumer surplus. Resource allocation

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Economics 202: Intermediate Microeconomic Theory

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Utility Maximization

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Indifference Curve Analysis of Demand Appendix 3A

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