Assets An asset is a commodity that provides a flow of services over time. E.g. a house, or a computer. A financial asset provides a flow of money over time -- a security

一、市场类型的比较 二、垄断行业的含义 三、垄断力量的来源

一、生产函数的概念 1.定义 描述生产技术状况给定条件下，生产要素的投入量与最大产出量之间的物质数 量关系的函数式

一、对生产要素的需求和派生需求 （一）生产要素的类型 1.土地——地租 2.劳动——工资 3.资本——利息 4.企业家职能——企业利润

一、成本的含义 1.定义 生产某种产品一定产量所耗费的各种生产要素的总价值

Structure Rational constrained choice Computing ordinary demands Interior solution内在解) Corner solution(角点解) “Kinky\ solution Example: Choosing taxes

Structure Present and future values Intertemporal budget constraint Preferences for intertemporal consumption Intertemporal choice Comparative statics Valuing securities

Structure Endowments(禀赋) Budget constraints with endowments Net demands -Price offer curve Example: Labor supply Comparative statics Slutsky equation revisited

Exchange Economies (revisited) No production, only endowments,so no description of how resources are converted to consumables. General equilibrium: all markets clear simultaneously. 1st and 2nd Fundamental Theorems of Welfare Economics

一、1(5分)当边际产量递减时,规模报酬也一定递减