About this document
Consumer Choice in Public Finance by Van Thinh Pham is a document available to read on EtoBox.
This document discusses the theoretical tools of public finance, focusing on consumer choice and how budget constraints and indifference curves represent consumer preferences and choices. It explores how consumers allocate resources between goods, the impact of income changes, and the effects of price changes on consumption. Key concepts include the marginal rate of substitution, the distinction between normal and inferior goods, and the income and substitution effects on consumer behavior.
- Author
- Van Thinh Pham
- Language
- EN