All Terrain Thinking

A Compendium of things I think are Important

Economics: It's not just whats' in your wallet

"It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own interest. We address ourselves, not to their humanity but to their self-love, and never talk to them of our necessities but of their advantages." 

The Basics of Microeconomics

• Theory of Consumer Behavior
  • )Who are these Households
  • Model of Choice
  • Elasticity of Demand

• Theory of Firm Behavior
  • Who are these Firms
  • Theory of Cost
  • Theory of Output and Pricing
  • Theory of Input Use and Pricing
  • Theory of Output and Pricing in Perfect Competition

• The "Beauty" of the market system

 

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