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→Honors: added extra credit question
12. Discuss the Irish Potato Famine between 1846 and 1849, and whether you think potatoes were an "inferior good" then.
12. Discuss the Irish Potato Famine between 1846 and 1849, and whether you think potatoes were an "inferior good" then.
== Extra Credit for Anyone ==
13. Explain whether goods X or Y are perfect substitutes or complements or something else for the indifference curves below, and why:
[[Image:IndifferenceCurve2.gif]]
[[Category:Economics lectures]]
[[Category:Economics lectures]]
{{DEFAULTSORT: Economics Lecture 04}}
{{DEFAULTSORT: Economics Lecture 04}}