Lec 4: Demand Curves and Income/Substitution Effects

MIT 14.01 Principles of Microeconomics, Fall 2023
Instructor: Prof. Jonathan Gruber
View the complete course: ocw.mit.edu/courses/14-01-principles-of-microeconomics-spring-2023/
YouTube Playlist: https://www.youtube.com/playlist?list=PLUl4u3cNGP60V7HxLYRaJMbFzP77bzEjb

In this lecture, Prof. Gruber talks about demand curves. Topics covered include deriving a demand curve, the shape of a demand curve, income shifts, and the effects of price change. Keywords: demand curves, income substitution, income shifts, price change

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