Acta Mathematica Nitriensia Vol. 7, No. 2, 2021

Content

Janka Drábeková:	Vizualizácia funkcií užitočnosti
Full paper	(Visualization of Utility Functions)

Abstract: The graph of a function belongs to the basic objects of visualization not only in mathematical analysis but also in economics, because the "language" of graphs is one of the ways of presenting economic ideas. In this paper, we focused on the creation of interactive materials usable in teaching the theory of rational behavior of elementary economic entities, consumers. We assume that the created interactive constructions can contribute to the easy acquisition of concepts from the theory of the consumer. We used GeoGebra software to create visual representations of consumer preferences. We analyze the different consumer's indifference curves, perfect substitutes, Cobb-Douglas utility function, constant elasticity of substitution (CES) preferences and marginal rate of consumer substitution.

Keywords: visualization, utility functions, GeoGebra, graphs, microeconomics

Classification: 97C80, 97U70

Pages: 8 - 16

DOI: 10.17846/AMN.2021.7.2.8-16

Full paper