Supplementary Exercises > Choice and Cost Benefit Analysis

Indifference Curves and Budget Constraints

A collection of problems on indifference curves and budget constraints. Most do not involve real world policy problems but they all use important concepts from class and are good practice for mastering the material. All include solutions.

Preferences

Normal Preferences  
Unusual Preferences  

Budget Constraints

Gin and Herring  

Utility

Matching Preferences and Utility  

Equilibrium Choice

Tie Dye and Earth Shoes  
Consumption vs Leisure  
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Peter J Wilcoxen, The Maxwell School, Syracuse University
Revised 08/18/2016