I.
| Introduction |
II.
| Consumer Behavior |
III.
| Constraints |
| A. | The Budget Constraint | B. | Changes in Income | C. | Changes in Prices |
|
IV.
| Consumer Equilibrium |
V.
| Comparative Statics |
| A. | Price Changes and Consumer Behavior | B. | Income Changes and Consumer Behavior | C. | Substitution and
Income Effects |
|
VI. | Applications of Indifference Curve Analysis |
| A. | Choices by Consumers | | 1. | Buy One, Get One Free | | 2. | Cash Gifts, In-Kind Gifts, and Gift Certificates | B. | Choices by Workers and Managers | | 1. | A Simplified Model of Income-Leisure Choice | | 2. | The Decisions of Managers |
|
VII. | The Relationship between Indifference Curve Analysis and
Demand Curves |
| A. | Individual Demand | B. | Market Demand |
|
VIII.
| Answering the Headline |
IX.
| Summary |
X.
| Key Terms and Concepts |
XI.
| Conceptual and Computational Questions |
XII.
| Problems and Applications |
XIII.
| Case-Based Exercises |
XIV.
| Selected Readings |
XV.
| Appendix: A Calculus Approach to
Individual Behavior |