In the special case when E's are conditionally independent(though they all depend on the alternative, Ak), P(, E2..)= P(A... -)P() ()P) This is easy to do and can be done recursively
3. Comparative Statics a. Indirect Utility Functions b. Expenditure Functions and duality C. Expenditure Function and Price Indices d. Slutsky via Utility Functions e. Slutsky via Preferences
Teaching plan for Unit 3 I Aims Demands Get the students (1)to comprehend the text of Section A 2)to have a good grasp of the following points: ups and downs be /get involved with; hold work out: go through; for a time i met with all along; upon/on doing sth subsequently(consequently): harbor; see.as; at one's worst; why do/ not do sth; buy time; never too adj. to do sth
reward l. reward sb. with sth.用某物报答酬谢/奖励某人 2. reward sb. for sth.因某事而报答酬谢奖励某人 3 rewarding adj. helpful有益的;值得做的e.g. Make the extra effort to impress theinterviewers and you will be likely to berewarded with a better job with a bettersalary.如果你能多花些心思,给面试的考官留下深刻的印象,那么你就可能得到一个比较好的、工资也很高的工作。次大注意区分与 award之间的不同