4.3 Indifferent Curve and decision making on Consumption 无差异曲线与消费决策
无差异曲线与消费决策 4.3 Indifferent Curve and Decisionmaking on Consumption
教学目标Ob pectives ■理解无差异曲线、消费可能线的含义 ■了解无差异曲线的特征 掌握消费可能线的数学表达式 学会运用图形分析消费者均衡 知识点 Knowledge 无差异曲线及其特征 消费可能线 无差异曲线分析消费者均衡条件 技能点Skil 学会运用图形分析消费者均衡
教学目标Objectives: ▪ 理解无差异曲线、消费可能线的含义 ▪ 了解无差异曲线的特征 ▪ 掌握消费可能线的数学表达式 ▪ 学会运用图形分析消费者均衡 知识点Knowledge: 无差异曲线及其特征 消费可能线 无差异曲线分析消费者均衡条件 技能点Skills: 学会运用图形分析消费者均衡
专业词汇 Professional terms Indifferent Curve Decision-making on Consumption marginal utility theory consumer choice indifferent analysis Indifferent set satisfaction Possibility line of consumption budget line isocost line Risk
Indifferent Curve Decision-making on Consumption marginal utility theory consumer choice indifferent analysis Indifferent set satisfaction Possibility line of consumption budget line isocost line Risk 专业词汇Professional terms
Even though the multi-commodity version of marginal utility theory is useful in demonstrating the underlying logic of consumer choice. it still has a major weakness Utility cannot be measured in any absolute sense. We cannot really say, therefore, by how much the marginal utility of one good exceeds another An alternative approach is to use indifferent analysis This does not involve measuring the amount of utility a person gains, but merely ranking various combinations of goods in order of preference. In other words, it assumes that consumers can decide whether they prefer one combination of goods to another
Even though the multi-commodity version of marginal utility theory is useful in demonstrating the underlying logic of consumer choice, it still has a major weakness. Utility cannot be measured in any absolute sense. We cannot really say, therefore, by how much the marginal utility of one good exceeds another. An alternative approach is to use indifferent analysis. This does not involve measuring the amount of utility a person gains, but merely ranking various combinations of goods in order of preference. In other words, it assumes that consumers can decide whether they prefer one combination of goods to another
无差异曲线 (一)什么是无差异曲线 iNdifferent curve a line showing all those combinations of two goods between which a consumer is indifferent, i. e. those combinations that give the same level of satisfaction or utility -Indifferent set a table showing the same information as an indifferent curve
一、无差异曲线 (一)什么是无差异曲线 ▪Indifferent curve A line showing all those combinations of two goods between which a consumer is indifferent: i.e. those combinations that give the same level of satisfaction or utility. ▪Indifferent set A table showing the same information as an indifferent curve