Demand Curves & Comparative Statics

Read the full Week 3 chapter. Covers demand curve derivation, income and substitution effects, the Slutsky decomposition, normal vs. inferior goods - including all derivations and key diagrams from lecture.

Download the clean or annotated slide deck and watch the asynchronous lecture videos covering demand curve derivation, the Slutsky decomposition, income and substitution effects, and demand shifts.

Five interactive diagrams: animate the demand curve derivation step by step, decompose price changes into SE and IE, explore income effects, drill shift-vs-movement, and map cross-price effects.

Submit your graded problem set for Week 3 on Brightspace. Complete and submit before the deadline to receive full credit.

Randomly generated problems covering demand curve derivation and Slutsky decomposition. Attempt each, then reveal the full worked solution with graph and intuition.

20 cards covering definitions, equations, graphical reasoning, and true/false for demand curves, Slutsky decomposition, and normal vs. inferior goods.