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Massachusetts Institute of Technology

Microeconomic Theory and Public Policy

Massachusetts Institute of Technology via MITx Online

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Overview

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Gain a comprehensive understanding of microeconomic research, from theory to empirical testing, and apply this understanding to public policy, with examples drawn primarily from the United States and other similar high income countries.

Syllabus

  • Minimum wage debate and causal inference in economics
  • Consumer theory: the foundation of microeconomics
  • Theory of choice and individual demand
  • Demand functions, income effects, substitution effects, and labor supply
  • Applied competitive analysis
  • Theory and application of general equilibrium
  • International trade and comparative advantage
  • Externalities and choice under uncertainty
  • Risk preference and the market for risk
  • Signaling in markets
  • Pooling equilibriums

Taught by

David Autor

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