范里安现代观点课件-南开大学中级微观经济学.ppt

范里安现代观点课件-南开大学中级微观经济学.ppt

ChapterSixDemand2021/5/271

PropertiesofDemandFunctionsComparativestaticsanalysisofordinarydemandfunctions--thestudyofhowordinarydemandsx1*(p1,p2,y)andx2*(p1,p2,y)changeaspricesp1,p2andincomeychange.2021/5/272

Own-PriceChangesHowdoesx1*(p1,p2,y)changeasp1changes,holdingp2andyconstant?Supposeonlyp1increases,fromp1’top1’’andthentop1’’’.2021/5/273

x1x2p1=p1’Fixedp2andy.p1x1+p2x2=yOwn-PriceChanges2021/5/274

Own-PriceChangesx1x2p1=p1’’p1=p1’Fixedp2andy.p1x1+p2x2=y2021/5/275

Own-PriceChangesx1x2p1=p1’’p1=

p1’’’Fixedp2andy.

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