Course Microeconomics semsstre 1 - Microeconomics s1 with corrected exercises
Course Map
PART I. THE CONSUMER THEORY CHAPTER 1. THE CONSUMER CHOICE THEORY Section 1. The theory of marginal utility A. Definitions: utility and the law of decreasing marginal utility B. Illustration: Application to marginal utility C. Formalization: Calculation of utility and graphical representation D. marginal utility and determination of equilibrium Section 2. The theory of the indifference curve
A. The utility function
B. Preferences assumptions
C. Illustration: application on indifference curves
D. Definition and properties of the indifference curve
E. The Marginal Rate of Substitution (TMS)
F. Economic interpretation of the slope of the indifference curve
CHAPTER 2. CONSUMER BALANCE Section 1. Budget constraint and determination of consumer balance
A. The budget constraint
B. Determining consumer balance
C. Application
D. Interpretation of the Lagrange multiplier
E. Summary table on determining the balance
Section 2. The consumer theory: Special cases and deepening
A. Particular indifference curves: corner solutions
B. Particular budgetary constraints
CHAPTER 3. THEORY OF DEMAND Section 1. The function of demand
A. Definition and properties
B. Consumption-income and consumption-price curves
C. The Engel curve
D. Consumer surplus
Section 2. Substitution effect and income effect
A. Analysis of the substitution effect and the income effect
B. Giffen's paradox
C. Slutsky and Hicks method: application
Section 3. Measuring elasticity
A. Price elasticity of demand
B. Income elasticity
C. Applications
SUMMARY OF PART I SIX SYNTHETIC SHEETS SUBJECT OF EXAMINATION OF SOUSSE ISG WITH CORRECTIVE ELEMENTS CORRECTED SERIES OF SOUSSE ISG WITH CORRECTIVE ELEMENTS FIFTEEN REVIEW EXERCISES WITH CORRECTIVE ELEMENTS