Mr. Robinson
Westfield High School
Home         AP Central         About Me         AP Microeconomics        AP Macroeconomics          AP European History         Economics
Marginal Utility & Utility Maximization
PART 1: This video teaches you how to calculate MU and MU/P.  It defines the Utility Maximizing rule and how to determine the consumption possibility that maximizes Total Utility (satisfaction).
9 Minute Instruction
PART 2:  This video will teach you how to use the Utility Maximizing calculations to construct a Demand Curve.
Utility = Satisfaction

   Goal: Maximize Utility!!!  MU/Px = MU/Py (make sure you use your whole budget - as much as possible!)
15 Minute Instruction
Open and read this before you begin! click here
11 Minute Instruction
Utility Calculations by Welker
In-Class Lecture Notes: here