[经济学]微观经济学 全英教案.ppt

Chapter 4 Chapter 4 Individual and Market Demand Topics to be Discussed Individual Demand Income and Substitution Effects Market Demand Consumer Surplus Network Externalities 1. Individual Demand Price Changes Using the figures developed in the previous chapter, the impact of a change in the price of food can be illustrated using indifference curves For each price change, we can determine how much of the good the individual would purchase given their budget lines and indifference curves Effect of a Price Change Effect of a Price Change Effect of a Price Change By changing prices and showing wh