Thursday, April 10, 2008

and practical

A change of time: The third lecture will be held on April 14, 10am-1pm, instead of the originally scheduled April 15.

To finish our discussion of consumer theory, I will focus on two applications of the theory we've learned, including welfare analysis (MWG 3.I), and endowments as well as labor supply (V 9).

If we have more time, I'll speak shortly about integrability (MWG 3.H) and revealed preference (MWG 1.C and 2.F).

Slides are here.

Suggested exercises are here.

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