Indifference Curves, Budget Constraints & Consumer Optimum

Read the full Week 2 chapter in your browser. Covers indifference curves, budget constraints, and the consumer optimum - including complete proofs, worked examples, and all key diagrams from lecture.

Download the clean or annotated slide deck and watch the five asynchronous lecture videos covering preferences, budget constraints, changes in the budget constraint, and optimal consumption.

Explore indifference curves, budget lines, and consumer optima using live sliders and interactive graphs. Build intuition for each concept visually.

Submit your graded problem set for Week 2 on Brightspace. Complete and submit before the deadline to receive full credit.

Randomly generated problems across Cobb-Douglas, perfect substitutes, and perfect complements. Attempt each, then reveal the full worked solution with graph.

20 cards covering definitions, true/false, equations, and graphical reasoning. Flip to reveal, rate yourself, and track your confidence across the deck.