{"id":356,"date":"2020-10-20T18:48:03","date_gmt":"2020-10-20T16:48:03","guid":{"rendered":"http:\/\/interactivemicroeconomics.com\/?page_id=356"},"modified":"2021-09-02T13:34:40","modified_gmt":"2021-09-02T11:34:40","slug":"elementor-356","status":"publish","type":"page","link":"https:\/\/interactivemicroeconomics.com\/index.php\/the-apps\/elementor-356\/","title":{"rendered":"The Consumer"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"356\" class=\"elementor elementor-356\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-bb0849e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"bb0849e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-66 elementor-top-column elementor-element elementor-element-25773f2\" data-id=\"25773f2\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a3c6f24 elementor-widget elementor-widget-text-editor\" data-id=\"a3c6f24\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The Consumer covers The Consumer Problem, Consumer Demand and The expenditure Minimization Problem. All correspond to an Intermediate Microeconomics level similar to most degrees in Economics and Business Management.<\/p><ol><li>The Consumer Problem<ul><li>The options<\/li><li>Consumer preferences<\/li><li>The utility function<\/li><li>Substitution rate between goods<\/li><li>Different type of preferences<\/li><li>Optimal choice<\/li><\/ul><\/li><li>Consumer Demand<ul><li>Individual demand functions<\/li><li>Income variations<\/li><li>Quasilinear preferences<\/li><li>Price variations<\/li><li>Demand curve<\/li><li>Substitution and Income Effects<\/li><\/ul><\/li><li>The expenditure Minimization Problem<ul><li>The expenditure minimization problem<\/li><li>Compensated demand and Expenditure Functions<\/li><li>Slutsky equation<\/li><\/ul><\/li><\/ol><p>&#8230;*<\/p><p>Each section is explained starting from scratch, with questions, examples, exercises and solutions, all in an interactive way; finally reaching the University level.<\/p><p>You can find the more formal math (mainly using derivatives) integrated throughout the text but only under request; they are on the Show Math buttons so that f you desire to skip the Math, is easier to follow the explanations.\u00a0<\/p><p>The definitions of all the discussed concepts are detailed and, at the end of each section, you can see buttons to reach them together with some Self-evaluation questions.<\/p><p>(*) Upcoming updates will include extensions at no extra charge for those who already have the application downloaded.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-a0680e7\" data-id=\"a0680e7\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5a2e391 elementor-position-top elementor-widget elementor-widget-image-box\" data-id=\"5a2e391\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><img decoding=\"async\" width=\"200\" height=\"200\" src=\"https:\/\/interactivemicroeconomics.com\/wp-content\/uploads\/2020\/10\/icono-aplicacion-cuadrado-200-LetrasRedondeado.png\" class=\"attachment-full size-full wp-image-254\" alt=\"\" srcset=\"https:\/\/interactivemicroeconomics.com\/wp-content\/uploads\/2020\/10\/icono-aplicacion-cuadrado-200-LetrasRedondeado.png 200w, https:\/\/interactivemicroeconomics.com\/wp-content\/uploads\/2020\/10\/icono-aplicacion-cuadrado-200-LetrasRedondeado-150x150.png 150w, https:\/\/interactivemicroeconomics.com\/wp-content\/uploads\/2020\/10\/icono-aplicacion-cuadrado-200-LetrasRedondeado-100x100.png 100w\" sizes=\"(max-width: 200px) 100vw, 200px\" \/><\/figure><div class=\"elementor-image-box-content\"><p class=\"elementor-image-box-description\">TheConsumer<\/p><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-c967a38 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c967a38\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-dd0cc62\" data-id=\"dd0cc62\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-25a041b elementor-position-top elementor-widget elementor-widget-image-box\" data-id=\"25a041b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><a href=\"https:\/\/apps.apple.com\/app\/the-consumer\/id1535029573\" tabindex=\"-1\"><img decoding=\"async\" width=\"301\" height=\"102\" src=\"https:\/\/interactivemicroeconomics.com\/wp-content\/uploads\/2020\/10\/Recurso-1.png\" class=\"attachment-full size-full wp-image-658\" alt=\"\" \/><\/a><\/figure><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-4b94f05 elementor-widget elementor-widget-html\" data-id=\"4b94f05\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<a href='https:\/\/play.google.com\/store\/apps\/details?id=com.interactivemicroeconomics.theconsumer' style=\"opacity:1\"><img alt='Get it on Google Play' src='https:\/\/play.google.com\/intl\/en_us\/badges\/static\/images\/badges\/en_badge_web_generic.png'\/><\/a>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d2a9f49 elementor-position-top elementor-widget elementor-widget-image-box\" data-id=\"d2a9f49\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><img decoding=\"async\" width=\"200\" height=\"200\" src=\"https:\/\/interactivemicroeconomics.com\/wp-content\/uploads\/2020\/10\/icono-aplicacion-cuadrado-200-LetrasRedondeado.png\" class=\"attachment-full size-full wp-image-254\" alt=\"\" srcset=\"https:\/\/interactivemicroeconomics.com\/wp-content\/uploads\/2020\/10\/icono-aplicacion-cuadrado-200-LetrasRedondeado.png 200w, https:\/\/interactivemicroeconomics.com\/wp-content\/uploads\/2020\/10\/icono-aplicacion-cuadrado-200-LetrasRedondeado-150x150.png 150w, https:\/\/interactivemicroeconomics.com\/wp-content\/uploads\/2020\/10\/icono-aplicacion-cuadrado-200-LetrasRedondeado-100x100.png 100w\" sizes=\"(max-width: 200px) 100vw, 200px\" \/><\/figure><div class=\"elementor-image-box-content\"><p class=\"elementor-image-box-description\">El Consumidor<\/p><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-a8f51bb elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a8f51bb\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-b7c806e\" data-id=\"b7c806e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6075acf elementor-position-top elementor-widget elementor-widget-image-box\" data-id=\"6075acf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><a href=\"https:\/\/apps.apple.com\/app\/el-consumidor\/id1563748438\" tabindex=\"-1\"><img decoding=\"async\" width=\"301\" height=\"102\" src=\"https:\/\/interactivemicroeconomics.com\/wp-content\/uploads\/2020\/10\/Recurso-1.png\" class=\"attachment-full size-full wp-image-658\" alt=\"\" \/><\/a><\/figure><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-ee0a9f2 elementor-widget elementor-widget-html\" data-id=\"ee0a9f2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<a href='https:\/\/play.google.com\/store\/apps\/details?id=com.interactivemicroeconomics.elconsumidor' style=\"opacity:1\"><img alt='Get it on Google Play' src='https:\/\/play.google.com\/intl\/en_us\/badges\/static\/images\/badges\/en_badge_web_generic.png'\/><\/a>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The Consumer covers The Consumer Problem, Consumer Demand and The expenditure Minimization Problem. All correspond to an Intermediate Microeconomics level similar to most degrees in Economics and Business Management. The Consumer Problem The options Consumer preferences The utility function Substitution rate between goods Different type of preferences Optimal choice Consumer Demand Individual demand functions Income &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/interactivemicroeconomics.com\/index.php\/the-apps\/elementor-356\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;The Consumer&#8221;<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"parent":265,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"class_list":["post-356","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/interactivemicroeconomics.com\/index.php\/wp-json\/wp\/v2\/pages\/356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/interactivemicroeconomics.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/interactivemicroeconomics.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/interactivemicroeconomics.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/interactivemicroeconomics.com\/index.php\/wp-json\/wp\/v2\/comments?post=356"}],"version-history":[{"count":16,"href":"https:\/\/interactivemicroeconomics.com\/index.php\/wp-json\/wp\/v2\/pages\/356\/revisions"}],"predecessor-version":[{"id":1712,"href":"https:\/\/interactivemicroeconomics.com\/index.php\/wp-json\/wp\/v2\/pages\/356\/revisions\/1712"}],"up":[{"embeddable":true,"href":"https:\/\/interactivemicroeconomics.com\/index.php\/wp-json\/wp\/v2\/pages\/265"}],"wp:attachment":[{"href":"https:\/\/interactivemicroeconomics.com\/index.php\/wp-json\/wp\/v2\/media?parent=356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}