User Stan Shunpike

25 votes

4 answers

138k views

What are FOCs and SOCs?

asked Jan 21, 2015 at 21:29

13 votes

4 answers

78k views

What is the definition of exogenous and endogenous preferences?

asked Apr 1, 2015 at 4:54

8 votes

2 answers

43k views

How to derive firm's cost function from production function?

asked Jan 16, 2015 at 0:16

9 votes

1 answer

19k views

Finding demand function given a utility min(x,y) function

asked Jan 11, 2015 at 7:17

5 votes

2 answers

17k views

Cobb-Douglas and Logarithm Utility Functions

asked Jan 14, 2015 at 0:14

5 votes

2 answers

16k views

Why is the income effect zero for quasilinear utility functions?

asked Jun 2, 2015 at 22:53

10 votes

5 answers

14k views

Help understanding Lagrangian multipliers?

asked Jan 10, 2015 at 18:39

16 votes

1 answer

13k views

How does one derive the elasticity of substitution?

asked May 6, 2015 at 3:14

13 votes

2 answers

12k views

What is a substitute/complement in terms of mixed partial derivatives?

asked Apr 27, 2015 at 13:59

2 votes

2 answers

12k views

Are Cobb Douglas goods complements or substitutes?

asked Apr 27, 2015 at 7:09

7 votes

2 answers

12k views

What is an example application of a quasilinear utility function?

asked May 3, 2015 at 5:24

8 votes

3 answers

7k views

Why does Slutsky compensation "overcompensate" the consumer?

asked Apr 28, 2015 at 4:12

8 votes

4 answers

6k views

Can someone explain graphically why MRS is invariant under monotonic transformation?

asked Apr 9, 2015 at 23:53

1 vote

1 answer

5k views

What is the difference between average cost and marginal cost?

asked Oct 11, 2015 at 1:59

2 votes

2 answers

5k views

Why do we need both the UMP and the EMP?

asked Apr 19, 2015 at 0:35

8 votes

1 answer

5k views

Do perfect complements have to be normal goods? If so, why?

asked May 11, 2015 at 20:49

3 votes

2 answers

5k views

What is the difference between constant elasticity of substitution and elasticity of substitution?

asked Apr 20, 2015 at 2:40

4 votes

2 answers

4k views

Interpreting how graphs of Cobb-Douglas utility functions. How does MRS vary as we vary $\alpha$?

asked Apr 13, 2015 at 3:46

4 votes

1 answer

3k views

What is the difference between Solow growth, classical growth, and neoclassical growth?

asked Apr 10, 2016 at 21:37

0 votes

2 answers

3k views

What is the difference between marginal cost and average cost? [duplicate]

asked Dec 3, 2015 at 3:22

4 votes

1 answer

3k views

How does one calculate compensating variation for multiple price change?

asked May 20, 2015 at 8:04

2 votes

1 answer

3k views

How does one graph indifference curves for a set of Lexicographic preferences?

asked Apr 8, 2015 at 2:05

2 votes

2 answers

2k views

If strict convexity of indifference curves isn't assumed, does MRS have to be negative?

asked May 17, 2015 at 6:42

7 votes

2 answers

2k views

What is the purpose of the local non-satiation assumption in the first welfare theorem?

asked Oct 22, 2015 at 19:01

1 vote

1 answer

2k views

Confusion about the EMP approach to perfect complements. Solved UMP but struggling with EMP

asked Apr 26, 2015 at 19:28

4 votes

3 answers

2k views

What properties must a utility function have such that we can define level sets and thus indifference curves?

asked Apr 5, 2015 at 19:39

10 votes

5 answers

2k views

Are options a form of insurance?

asked Mar 23, 2016 at 2:26

2 votes

1 answer

2k views

Where do I find the US GDP growth on FRED? [closed]

asked Jan 12, 2016 at 5:03

2 votes

1 answer

1k views

How does one derive relative demand?

asked Mar 5, 2016 at 21:58

2 votes

1 answer

1k views

For a given set of consumption bundles, how do we know there are bundles that the consumer is indifferent between?

asked Apr 6, 2015 at 18:26

Stack Exchange Network

69 Questions

What are FOCs and SOCs?

What is the definition of exogenous and endogenous preferences?

How to derive firm's cost function from production function?

Finding demand function given a utility min(x,y) function

Cobb-Douglas and Logarithm Utility Functions

Why is the income effect zero for quasilinear utility functions?

Help understanding Lagrangian multipliers?

How does one derive the elasticity of substitution?

What is a substitute/complement in terms of mixed partial derivatives?

Are Cobb Douglas goods complements or substitutes?

What is an example application of a quasilinear utility function?

Why does Slutsky compensation "overcompensate" the consumer?

Can someone explain graphically why MRS is invariant under monotonic transformation?

What is the difference between average cost and marginal cost?

Why do we need both the UMP and the EMP?

Do perfect complements have to be normal goods? If so, why?

What is the difference between constant elasticity of substitution and elasticity of substitution?

Interpreting how graphs of Cobb-Douglas utility functions. How does MRS vary as we vary $\alpha$?

What is the difference between Solow growth, classical growth, and neoclassical growth?

What is the difference between marginal cost and average cost? [duplicate]

How does one calculate compensating variation for multiple price change?

How does one graph indifference curves for a set of Lexicographic preferences?

If strict convexity of indifference curves isn't assumed, does MRS have to be negative?

What is the purpose of the local non-satiation assumption in the first welfare theorem?

Confusion about the EMP approach to perfect complements. Solved UMP but struggling with EMP

What properties must a utility function have such that we can define level sets and thus indifference curves?

Are options a form of insurance?

Where do I find the US GDP growth on FRED? [closed]

How does one derive relative demand?

For a given set of consumption bundles, how do we know there are bundles that the consumer is indifferent between?