Principles of Microeconomics
Massachusetts Institute of Technology via MIT OpenCourseWare
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Overview
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This introductory undergraduate course covers the fundamentals of microeconomics. Topics include supply and demand, market equilibrium, consumer theory, production and the behavior of firms, monopoly, oligopoly, welfare economics, public goods, and externalities.
Syllabus
- Lec 1: Introduction to Principles of Microeconomics and Supply & Demand
- Lec 2: Preferences and Utility Function
- Lec 3: Budget Constraints and Constrained Choice
- Lec 4: Demand Curves and Income/Substitution Effects
- Lec 5: Production Theory
- Lec 6: Costs
- Lec 7: Competition I
- Lec 8: Competition II
- Lec 9: Supply and Demand & Consumer/Producer Surplus
- Lec 10: Welfare Economics
- Lec 11: Monopoly I
- Lec 12: Monopoly II
- Lec 13: Oligopoly I
- Lec 14: Oligopoly II
- Lec 15: Input Markets I—Labor Market
- Lec 16: Input Markets II—Labor and Capital
- Lec 17: Making Choices over Time
- Lec 18: Introduction to Trade
- Lec 19: International Trade: Welfare and Policy
- Lec 20: Uncertainty
- Lec 21: Social Insurance
- Lec 22: Efficiency and Equity
- Lec 23: Government Redistribution and Taxation
- Lec 24: Externalities
- Lec 25: Behavioral Economics
- Lec 26: Health Care Economics
Taught by
Prof. Jonathan Gruber