I. BASICS: Demand, Supply

    demand analysis: movement along versus a shift

    supply analysis: movement along versus a shift

    market equilibrium: comparative equilibrium: price and quantity adjustments

    price elasticity of demand

    income elasticity

    cross elasticity

II. CONSUMER THEORY

    axioms of choice

    indifference curves

    budget constraints

    utility maximization

    deriving the demand function

    interpretation and applications

III. EXTENSIONS

    the price consumption curve, the ordinary demand curve

    the income consumption curve, Engel curves

    substitution and (price induced) income effects

    normal, inferior, Giffen good analysis

    consumer surplus

    point and arc elasticities

    bandwagon and snob effects