The Maxwell School
Syracuse University
PAI 723 Economics for Public Decisions
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Course Outline
Income and Substitution Effects
Textbook
Perloff 5.3
Economic Skills Project
CW-251:
Income and substitution effects for Cobb-Douglas preferences
CW-252:
Income and substitution effects for Stone-Geary preferences
Five Minute Exercises
Income Effect with Cobb-Douglas Preferences
Substitution Effect with Cobb-Douglas Preferences
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Peter J Wilcoxen, The Maxwell School, Syracuse University
Revised 04/20/2019
