Microeconomics

Snob effect

Veblen effect

Luxury goods

Demand elasticity

Normal good

Unit elasticity

Quantity demanded

Individual demand

Demand schedule

Market demand

Demand curve

Demand function

Price elasticity of demand

Demand analysis

Marginal utility schedule

Marginal utility per dollar

Welfare analysis

Roy’s identity

Auction theory

Hicksian demand

Quasi-linear preferences

Marginal utility

Marginal rate of substitution

Budget constraint

Indifference curve

Consumer surplus

Consumer theory

Principal–agent theory

Contract theory

Principal-agent theory

Fixed costs

Increasing returns

Average product

Fixed input

Marginal product

Production function

Distributional effects

Benefit-cost ratio

Net benefit

Economics

Market failure

Variable consideration

Risk aversion