Ainun Aziizah – Medium

Ainun Aziizah

Demand

Consumer decision as an optimization problem

1 min readOct 28, 2021

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Demand

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Ainun Aziizah

Willingness to pay

Budget constraints and budget line

1 min readOct 28, 2021

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Willingness to pay

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Ainun Aziizah

Utility theory

The concept of utility in standard microeconomic theory

3 min readOct 27, 2021

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Utility theory

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Ainun Aziizah

Elasticity

Elasticity is a number used as a measure of the percentage change in one variable due to a percent change in another.

3 min readOct 26, 2021

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Elasticity

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Ainun Aziizah

Market equilibrium

When talking about the interaction of supply and demand, the term of market equilibrium is usually taken into account. This is a market…

3 min readOct 26, 2021

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Market equilibrium

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Ainun Aziizah

The supply curve as a relationship between price and quantity supplied

The law of supply states that all other factors being equal (the cateris paribus assumption), the quantity of a good offered increases as…

2 min readOct 24, 2021

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The supply curve as a relationship between price and quantity supplied

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Ainun Aziizah

The demand curve as a relationship between price and level of demand

I usually consume some milk in a month and I can afford the price of milk in every change of their price as principle. When the price of…

3 min readOct 24, 2021

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The demand curve as a relationship between price and level of demand

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Ainun Aziizah

Economic dictionary

Fundamentals

4 min readOct 24, 2021

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Economic dictionary

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Ainun Aziizah

Symmetric and Asymmetric Cryptosystem

Cryptography or we can call it simply as “hidden writing” has been used many years ago, especially to exchange messages and to encrypt…

2 min readOct 22, 2021

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Symmetric and Asymmetric Cryptosystem

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Ainun Aziizah

Economists as scientist

As a scientist, economists seek to discover how the economic world works. They focus on the explanation of observed phenomena and the…

2 min readOct 22, 2021

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Economists as scientist

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Ainun Aziizah

Ainun Aziizah

It is intended to write the summary of my university course book at IU University of Applied Sciences which I enlighten more based on my own understanding.

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