Vazirligi I. A. Bakieva, X. S. Xadjaev, M. Z. Muhitdinova., Sh. Sh. Fayziyev. Mikroiqtisodiyot

CHAPTER V. Price control and market efficiency

5.1. The maximum and minimum prices 81
5.2. The influence of prices on market activity ....................................... 84
5.3. The negative consequences of price controls ............................... 89
Brief conclusions ......................................................................................... 91
Control questions …………......................................................................... 92

CHAPTER VI. Consumers, producers and the efficiency of markets

6.1. Surplus of the consumer....................................................................... 93
6.2. Surplus of manufacturer...................................................................... 100
6.3. Market Efficiency ................................................................................. 105
Brief conclusions ......................................................................................... 113
Control questions …………......................................................................... 114

CHAPTER VII. The theory of consumer choice

7.1. Budget line: what opportunities do consumers have? ........................... 116
7.2. Choice: what the consumer wants ......................................................... 118
7.3. Optimization: what the consumer chooses .......................................... 124
7.4. Three Recommendations ...................................................................... 132
Brief conclusions ......................................................................................... 143
Control questions …………......................................................................... 144

CHAPTER VIII. Market and risk

8.1. Risk measurement................................................................................... 145
8.2. Attitude to risk ........................................................................................ 149
8.3. Reducing the risk................................................................................. 152
8.4. Market of assymetric information......................................... 154
8.5. Political economy................................................................ 162
8.6. Economics of behavior. 168
Brief conclusions ......................................................................................... 173
Control questions …………......................................................................... 175