14.01 | Fall 2023 | Undergraduate

Principles of Microeconomics

Lec 4: Demand Curves and Income/Substitution Effects

In this lecture, Prof. Gruber talks about demand curves. Topics covered include deriving a demand curve, the shape of a demand curve, income shifts, and the effects of price change. Keywords: demand curves, income substitution, income shifts, price change

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Fall 2023
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