II Household Theory

8 Optimum choice of consumption: graphical solution

8.1 The options of the consumer

8.2 The budget line

8.3 Indifference curve

8.4 Budget optimum

8.5 Change of income

8.6 Inferior goods

8.7 Engel curves: normal vs. inferior goods

8.8 Price changes

8.9 Income- and substitution- effects

8.10 Giffen good

9 Optimal consumption choice: calculative solution: optimization with constraints

9.2 The Lagrange formalism

9.3 The Lagrange formalism for the example of the consumption problem

9.4 The Lagrange formalism for the example of a Cobb-Douglas utility function

9.5 The Lagrange formalism for the example of another utility function

9.6 Optimization under constraints with a function to be chosen freely

9.7 The dual problem

9.8 Boundary solutions

9.9 The derived demand: Engel curves and demand curve

III Production and Utility Functions

IV Cold Progression

V Linear Regression for Dummies

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Part II
Household Theory

8 Optimum choice of consumption: graphical solution
8.1 The options of the consumer
8.2 The budget line
8.3 Indifference curve
8.4 Budget optimum
8.5 Change of income
8.6 Inferior goods
8.7 Engel curves: normal vs. inferior goods
8.8 Price changes
8.9 Income- and substitution- effects
8.10 Giffen good
9 Optimal consumption choice: calculative solution: optimization with constraints
9.1 Lagrange
9.2 The Lagrange formalism
9.3 The Lagrange formalism for the example of the consumption problem
9.4 The Lagrange formalism for the example of a Cobb-Douglas utility function
9.5 The Lagrange formalism for the example of another utility function
9.6 Optimization under constraints with a function to be chosen freely
9.7 The dual problem
9.8 Boundary solutions
9.9 The derived demand: Engel curves and demand curve

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(c) by Christian Bauer
Prof. Dr. Christian Bauer
Chair of monetary economics
Trier University
D-54296 Trier
Tel.: +49 (0)651/201-2743
E-mail: Bauer@uni-trier.de
URL: https://www.cbauer.de