MIT 14.01 Principles of Microeconomics, Fall 2023
Instructor: Prof. Jonathan Gruber
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YouTube Playlist: https://www.youtube.com/playlist?list=PLUl4u3cNGP60V7HxLYRaJMbFzP77bzEjb
In this lecture, Prof. Gruber talks about where consumer decisions come from, beginning with consumer preferences. He then builds on these concepts to explain the utility function, which is a mathematical expression of consumer preference. Keywords: micoreconomics, consumer demand, preferences, utility function
License: Creative Commons BY-NC-SA
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