Y1 - Microeconomics

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Lectures

Week 2

Maastricht University · Economics and Business Economics

Y1 - Microeconomics

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Week 2
chapter 3 : applying the supply and demand model
elasticity of demand
short-run vs long-run
necessity vs luxury goods
cross price elasticity
price elasticity of supply
sales tax
chapter 4 : consumer theory
consumer choice
3 assumptions

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