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Textbook Notes for Financial Planning, Housing and Consumer Economics at University of Georgia (UGA)

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UGAFHCE 3150Patryk BabiarzSpring

FHCE 3150 Chapter Notes - Chapter 3: Marginal Utility, Utility, Composite Good

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UGAFHCE 3150BabiarzFall

FHCE 3150 Chapter Notes - Chapter 3: Retirement Planning, Indifference Curve, Speed Dating

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Chapter 3: rational consumer choice marketplace with well-defined preferences (actually know what they want) goods (product or service) Budget limitati
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UGAFHCE 3150Patryk BabiarzSpring

FHCE 3150 Chapter Notes - Chapter 4-6: Veganism, Giffen Good, Inferior Good

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Whether we spend more or less on a good when its price changes. Opposite direction from the substitution effect for an inferior good. Comparing the inc
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UGAFHCE 3150BabiarzFall

FHCE 3150 Chapter Notes - Chapter 2: Price Ceiling, Price Floor, Procedural Justice

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Is minimum wage subject to the same price support rules: answer: yes. Minimum wage only really affects the poorer people who are working menial jobs th
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UGAFHCE 3150BabiarzFall

FHCE 3150 Chapter Notes - Chapter 4: Complementary Good, Substitute Good, Longrun

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The effects of changes in income map as income varies (preferences and relative prices held constant) Inferior goods one whose quantity demanded falls
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UGAFHCE 3150BabiarzFall

FHCE 3150 Chapter Notes - Chapter 1: Spring Break, Fixed Cost, Externality

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UGAFHCE 3150Patryk BabiarzSpring

FHCE 3150 Chapter Notes - Chapter 2: Price Fixing, Economic Equilibrium, Reservation Price

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UGAFHCE 3100ByramFall

FHCE 3100 Chapter Notes - Chapter 1-2: Meat Industry, Consumer Protection, Supermodel

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Discussion questions 1 & 2: happiness and consumption, for me, seem like they go hand-in-hand with our societies" views. I get the vibe from many peopl
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UGAFHCE 3000Dr.KabaciFall

FHCE 3000 Chapter 1: My family resources

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UGAFHCE 3150Patryk BabiarzSpring

FHCE 3150 Chapter Notes - Chapter 1: Marginalism, Homo Economicus, Marginal Cost

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No choice is necessary if you can do it all and possess everything, including endless time. If this were the way the world worked, we would have no cho
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