范里安中级微观经济学知识点总结.docVIP

PAGE 范里安中级微观经济学知识点总结 Summary Marginal analysis:1:Marginal magnitudes=tangentα=slope of TM TMMM0MM TMMM0MM0 3: Total magnitude TMMM(x*)AM(x*)x* 4: AMMMAM AMMM TM MM(x*) AM(x*) x* 5: MM cuts AM at AM’S max or min Budget constraint and indifference curves: X2X1Budget setBudget lineSlope = -p1/p2 X2 X1 Budget set Budget line Slope = -p1/p2 m/p2 m/p1 Budget lines: slope= Horizontal intersection: Imposing a tax/giving a subsidy; changing income/price. Increasing priceIncreasin