Chapter 8
Optimum choice of consumption: graphical solution

 8.1 The options of the consumer
 8.2 The budget line
 8.3 Indifference curve
 8.4 Budget optimum
 8.5 Change of income
 8.6 Inferior goods
 8.7 Engel curves: normal vs. inferior goods
 8.8 Price changes
 8.9 Income- and substitution- effects
 8.10 Giffen good


(c) by Christian Bauer
Prof. Dr. Christian Bauer
Chair of monetary economics
Trier University
D-54296 Trier
Tel.: +49 (0)651/201-2743
E-mail: Bauer@uni-trier.de
URL: https://www.cbauer.de