Principles of Microeconomics

Economics MIT CC BY-NC-SA 4.0 26 lectures

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

  1. 1 Lec 1: Introduction to Principles of Microeconomics and Supply & Demand
  2. 2 Lec 2: Preferences and Utility Function
  3. 3 Lec 3: Budget Constraints and Constrained Choice
  4. 4 Lec 4: Demand Curves and Income/Substitution Effects
  5. 5 Lec 5: Production Theory
  6. 6 Lec 6: Costs
  7. 7 Lec 7: Competition I
  8. 8 Lec 8: Competition II
  9. 9 Lec 9: Supply and Demand & Consumer/Producer Surplus
  10. 10 Lec 10: Welfare Economics
  11. 11 Lec 11: Monopoly I
  12. 12 Lec 12: Monopoly II
  13. 13 Lec 13: Oligopoly I
  14. 14 Lec 14: Oligopoly II
  15. 15 Lec 15: Input Markets I—Labor Market
  16. 16 Lec 16: Input Markets II—Labor and Capital
  17. 17 Lec 17: Making Choices over Time
  18. 18 Lec 18: Introduction to Trade
  19. 19 Lec 19: International Trade: Welfare and Policy
  20. 20 Lec 20: Uncertainty
  21. 21 Lec 21: Social Insurance
  22. 22 Lec 22: Efficiency and Equity
  23. 23 Lec 23: Government Redistribution and Taxation
  24. 24 Lec 24: Externalities
  25. 25 Lec 25: Behavioral Economics
  26. 26 Lec 26: Health Care Economics

Course materials