engel curve,economic growth
the demand for good 1 is x1 = m/(p1 p2), so the engel curve is
the demand for good 1 is x1 = m/(p1 p2), so the engel curve is
changes – income offer curve (收入提供曲线) – engel curve
of income against quantity demanded is called an engel curve
applications and extensions of demand theory the engel curve
- economic growth
- kinked demand curve
- factors of production
- money supply
- externalities
- substitutes
- risk averse
- discounting
- national debt
- limited liability
- economic rent
- marginal revenue
- legal tender
- social insurance
- economic surplus
- marginal product
- aggregate demand
- labor productivity
- mercantilism
- outputs
- lorenz curve
- learning curve
- indifference curve
- gold standard
- inputs
- marginal utility
- nash equilibrium
- consumer surplus
- money market
- marginal cost