Intermediate Micro (100A)

Consumer theory

Interactive graphs:

(illustrations with Cobb-Douglas and quasilinear preferences)



Review videos

Consumer preferences and utility maximization

Here's a 5-video playlist you may find useful, especially if it's been a while since you took Intro: they cover consumer preferences, the budget constraint, and the consumer's utility maximization problem.

It's essentially the same approach we take in the 100 series, but with less math.

The 5th video gives more complex examples of budget constraints.

The perfectly competitive market model: demand, supply, and market equilibrium