This document discusses household consumption possibilities, preferences, and choices. It covers budget lines, indifference curves, and how they are used to predict consumer behavior. It also discusses work-leisure choices. Specifically, it defines budget lines and how they are determined by income and prices. It introduces indifference curves and preference maps. It explains how marginal rates of substitution are used, and the law of diminishing marginal rate of substitution. It discusses how changes in prices and income affect consumer choice and demand curves. Finally, it covers the income-leisure constraint and how wage rates determine the slope of the constraint line, affecting the labor supply curve.