Principles of Microeconomics

Principles of Microeconomics by Prof. Jonathan Gruber via MIT

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Created by Massachusetts Institute of Technology Staff Last updated Sun, 27-Feb-2022 English


Principles of Microeconomics free videos and free material uploaded by Massachusetts Institute of Technology Staff .

Syllabus / What will i learn?

Introduction; Supply and Demand

Mathematically Deriving the Supply-and-Demand Model

Preferences and Utility Functions

Budget Constraints and Constrained Choice

Mathematics of Constrained Maximization      

Demand Curves and Income/Substitution Effects

Production Theory 

There was no recitation due to a holiday. 

Costs 

Competition I 

Review Competition and Costs 

Competition II 

Supply and Demand; Consumer/Producer Surplus 

Review Construction

Welfare Economics

 



Curriculum for this course
0 Lessons 00:00:00 Hours
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Description

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. 

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