Microeconomia - Demanda Individual - Aula 5

The course is organized into 14 lectures and follows the syllabus and bibliography outlined below. Course coordinator: Dr. Renato de Castro Garcia (Institute of Economics – Unicamp) SYLLABUS 1. INTRODUCTION 1.1 Basic concepts; 1.2 Overview of competitive markets. Readings: VARIAN (2012), ch. 1; PINDYCK & RUBINFELD (2010), chs. 1–2. 2. CONSUMER THEORY 2.1 Budget constraint, preferences, and utility; 2.2 Choice and optimization; 2.3 Individual demand, income and substitution effects; 2.4 Consumer surplus, market demand, and elasticity. Readings: VARIAN (2012), chs. 2–9, 14–15; PINDYCK & RUBINFELD (2010), chs. 3–4. 3. PRODUCER THEORY 3.1 Production; 3.2 Costs of production; 3.3 Profit maximization and competitive supply. Readings: VARIAN (2012), chs. 18–23; PINDYCK & RUBINFELD (2010), chs. 6–8. 4. MARKET EQUILIBRIUM 4.1 Competitive markets. Readings: VARIAN (2012), ch. 16; PINDYCK & RUBINFELD (2010), ch. 9. REFERENCES VARIAN, H. R. Microeconomics: Basic Principles – A Modern Approach. 9th ed. Rio de Janeiro: Elsevier, 2015. PINDYCK, R. S.; RUBINFELD, D. L. Microeconomics. 7th ed. São Paulo: Pearson, 2010. #microeconomics #economictheory #economics Video timestamps 00:00 – Introduction: What Is Individual Demand? 01:09 – Method: Comparative Statics Analysis (Ceteris Paribus) 03:50 – How Price Changes Rotate the Budget Line 05:36 – Deriving the Demand Curve from Optimal Choices 07:50 – Price–Consumption Curve 19:35 – The Inverse Demand Curve 21:50 – Income Changes (Shifts in the Budget Line) 23:19 – Income–Consumption Curve 23:45 – Engel Curve (Income–Demand Relationship) 33:09 – Normal Goods vs. Inferior Goods