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How can the Demand Curve be derived from the Utility Maximum Principle? - Couverture souple

Gross, Johann

 
9783656564904: How can the Demand Curve be derived from the Utility Maximum Principle?
Couverture souple
ISBN 10 : 3656564906 ISBN 13 : 9783656564904
Editeur : Grin Verlag, 2014

Synopsis

Seminar paper from the year 2013 in the subject Economics - Macro-economics, general, grade: 2,3, University of applied sciences, Nürnberg (IOM), course: MBA, language: English, abstract: This assignment shows how the demand curve can be derived by the utility maximum principle. To get this answer the author will firstly define the main issues out of the top-ic. The result is that for theoretical models like the demand curve or the utility maximum principle it is necessary to have perfect markets with perfect marketers. These perfect marketers are the so called homo oeconomicus which act rational and compare every possible opportunity with their opportunity costs to get the optimal benefit by a given income and a defined price. At least with the help of the budget line which charts the available income and the indifference curve which describes the optimal demanded unit of a good bundle, the demand curve can be derived.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

À propos de la quatrième de couverture

Seminar paper from the year 2013 in the subject Economics - Macro-economics, general, grade: 2,3, University of applied sciences, Nürnberg (IOM), course: MBA, language: English, abstract: This assignment shows how the demand curve can be derived by the utility maximum principle. To get this answer the author will firstly define the main issues out of the top-ic. The result is that for theoretical models like the demand curve or the utility maximum principle it is necessary to have perfect markets with perfect marketers. These perfect marketers are the so called homo oeconomicus which act rational and compare every possible opportunity with their opportunity costs to get the optimal benefit by a given income and a defined price. At least with the help of the budget line which charts the available income and the indifference curve which describes the optimal demanded unit of a good bundle, the demand curve can be derived.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
Grin Verlag
Date d'édition
2014
Langue
anglais
ISBN 10 
3656564906
ISBN 13 
9783656564904
Reliure
Broché
Numéro d'édition
1
Nombre de pages
28
Coordonnées du fabricant
GRIN Publishing GmbH
info@grin.com

Waltherstraße 23
München
80337
Allemagne