A.10 Marshallian and Hicksian demand curves | Consumption - Microeconomics

Описание к видео A.10 Marshallian and Hicksian demand curves | Consumption - Microeconomics

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Versión en español:    • A.10 Demandas Marshalliana y Hicksian...  

This video explains how to build the Marshallian and Hicksian demand curves. We analyse Hicks' decomposition of the income and substitution effect, from which we derive both demand curves.

Related videos:
-Income and substitution effects: https://www.youtube.com/watch?v=w9z_I...
-Indifference curves: https://www.youtube.com/watch?v=JVadA...

Related articles:
-Income and substitution effect: http://www.policonomics.com/slutskys-...
-Consumption duality: http://www.policonomics.com/consumpti...

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