Intermediate microeconomics

Chapter 2 : Preferences

By Lund University

This chapter is based on chapter 3 of Intermediate microeconomics by Hal Varian.


This chapter has the following lectures:

Preference symbols

Total order

Indifference curve

More on indifference curves

Perfect substitutes

Perfect complements

Neutrals and bads


Monotonicity and indifference curves

Convex preferences

Marginal rate of substitution

Marginal rate of substitution, topics

Discrete goods