3 Consumer Theory

Unit 3: Tuesday 2/11, Thursday 2/13, Tuesday 2/18, Thursday 2/20

Assignments 3.1-3.8 are due Friday 2/21 at 5pm. At this time, answer keys are published on blackboard, so no late work is accepted for any reason.

Midterm 1: In-class on Tuesday 2/25. Study assignments from units 1, 2, and 3.

Assignment Available in class Available online Template Quiz
3.1 Freakonomics (Reading on Bb) 2/11 2/11 qmd quiz A
3.2 Demand Curves 2/13 2/13 qmd
3.3 Budgets 2/13 2/18 qmd
3.4 Preferences and Utility 2/18 2/18 qmd quiz B
3.5 Choice 2/18 2/18 qmd
3.6 Consumer’s Surplus 2/18 2/20 qmd
3.7 Income and Substitution Effects 2/20 2/20 qmd
3.8 Compensating Variation and Equivalent Variation 2/20 2/20 qmd