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Lecture notes 1 and textbook notes (ECO2045: Intermediate Microeconomics 1 (ECO2045) Intermediate Microeconomics a Modern Approach, ISBN: 9780393920772)
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Budget constraint: What is it and what are its key elements? How can different factors change the position of the constraint and what are the implications of such changes? Preferences: The key assumptions (axioms) and their implications, the most common types of preferences, and features of indiff...
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