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Economics W3211 – Intermediate Microeconomics …
www.columbia.eduEconomics W3211 – Intermediate Microeconomics - Spring 2016 Course Outline Contact Details Professor: Mark Dean Email: mark.dean@columbia.edu Classes: 4:10 to 5:25 Monday and Wednesday in Mathematics 207
3.Consumer Problem 3 - Columbia University
www.columbia.eduIntermediate Microeconomics W3211 Lecture 3: Preferences and Choice Columbia University, Spring 2016 Mark Dean: mark.dean@columbia.edu 1 Introduction 2 The Story So Far…. • So far, we have described consumer choice as constrained optimization: 1. CHOOSE a consumption bundle 2. IN ORDER TO MAXIMIZE preferences 3. SUBJECT TO the budget constraint