– Consumer’s surplus – Aggregation – Representation consumer
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– Integrability – Aggregation across goods
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Preference and rationality The rule of choice Budget Demand function WA and demanded law
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▪ Content: • Definitions • Properties of cost function • WACM • Some forms of cost functions
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– Some definition – Isoprofit curve – Demand function and it’s properties – supply function and it’s properties – Profit function and it’s properties
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《高级微观经济学Advanced Microeconomics》PPT课件：lecture1 production theory I
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• Lotteries and expected utility • Risk aversion • Metric • Subjective probability theory
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《高级微观经济学Advanced Microeconomics》PPT课件：Lecture 15 public goods and externality
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• The “core” • Uniqueness of equilibrium • Stability of equilibrium • Welfare
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