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Introdução à teoria do consumidor
[Introduction to the consumer theory]

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Author Info
Vieira, Pedro Cosme da Costa

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Abstract

This textbook supports undergraduate microeconomics students. In Chapter 1, it presents the market as three Laws of Nature: i) that supply function is the result from the decision of the sellers, ii) that demand function is the result from the decisions of buyers; iii) that the market balance the decisions of buyers with that of sellers. This chapter motivates chapter 2, which rationalizes the existence of the demand function from the Consumer Theory that assumes that consumers maximize a utility function under the income restriction and market prices.

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File URL: http://mpra.ub.uni-muenchen.de/14248/
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Publisher Info
Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 14248.

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Date of creation: 24 Mar 2009
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Handle: RePEc:pra:mprapa:14248

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Related research
Keywords: Indifference curve; income restriction; utility maximization;

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Find related papers by JEL classification:
A22 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Undergraduate
D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory

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  1. Lucas, Robert Jr, 1976. "Econometric policy evaluation: A critique," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 1(1), pages 19-46, January. [Downloadable!] (restricted)
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This page was last updated on 2009-11-29.

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