The Consumer Basics(伦敦经济学院高级微观讲义).pdf

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The Consumer Basics(伦敦经济学院高级微观讲义).pdf

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22 October 2001 MicroEconomic Principles 2 2001/2 The Consumer: Basics Overview... The The Consumer Consumer Optimisation Optimisation Optimisation Opportunities Optimisation Opportunities and and and and and Welfare Aggregation and Welfare Aggregation Welfare Aggregation Comparative Welfare Aggregation Comparative Comparative Preferences Comparative Preferences Statics Statics Statics Statics A method of analysis • Some treatments of micro-economics handle consumer analysis first. • But we have gone through the theory of the firm first for a good reason: • We can learn a lot from the ideas and techniques in the theory of the firm… • …and reuse them. What could we learn from the way we analysed the firm? How to set up the description of the environment. How to model optimisation problems How solutions may be carried over from one problem to the other ...and lots more Notation: Quantities xi amount of commodity i x = (x 1 ,x2 ,...,xn ) commodity vector X consumption set x X