This course contains 2 segments:
Total utility and marginal utility
This course contains 2 segments:
Total utility and marginal utility
In this tutorial we look at the utility of getting one more of something and put numbers to it. We then use this to construct a budget line and think about indifference curves.
Income and substitution effects
OpenCourser helps millions of learners each year. People visit us to learn workspace skills, ace their exams, and nurture their curiosity.
Our extensive catalog contains over 50,000 courses and twice as many books. Browse by search, by topic, or even by career interests. We'll match you to the right resources quickly.
Find this site helpful? Tell a friend about us.
We're supported by our community of learners. When you purchase or subscribe to courses and programs or purchase books, we may earn a commission from our partners.
Your purchases help us maintain our catalog and keep our servers humming without ads.
Thank you for supporting OpenCourser.