Catalog

Intermediate Microeconomic Theory

Economics MIT CC BY-NC-SA 4.0 24 lectures

This course provides an introduction to theory and data designed to meet the needs of students interested in economic science. It provides an introduction to consumer choice, the theory of the firm, and general equilibrium models, with an overview of the main results and tools used in studying these topics, both directly in economics and indirectly in various other fields.

Syllabus

  1. 1 Lecture 1: Economic Science
  2. 2 Lecture 2: Consumer Choice
  3. 3 Lecture 3: Income and Substitution Effects
  4. 4 Lecture 4: Production and Profit Maximization
  5. 5 Lecture 5: Uncertainty and Linear Programs
  6. 6 Lecture 6: Dynamics and Programming
  7. 7 Lecture 7: Pareto Optimality
  8. 8 Exam #1 Review for Intermediate Microeconomic Theory
  9. 9 Lecture 8: Risk-Sharing Application
  10. 10 Lecture 9: Risk-Sharing with Production
  11. 11 Lecture 10: Ledgers and Management
  12. 12 Lecture 11: Contracts and Mechanism Design
  13. 13 Lecture 12: Contract Application, Obstacles
  14. 14 Lecture 13: Walrasian Equilibrium and Trade
  15. 15 Lecture 14: Real and Financial Flows: Thailand
  16. 16 Lecture 15: Data and Policy in the United States
  17. 17 Exam #2 Review for Intermediate Microeconomic Theory
  18. 18 Lecture 16: Fundamental Welfare Theorems
  19. 19 Lecture 17: Existence of Equilibria
  20. 20 Lecture 18: Aggregation
  21. 21 Lecture 19: Identification and Falsification
  22. 22 Lecture 20: Failure of Welfare Theorems
  23. 23 Lecture 21: Bubbles
  24. 24 Final Exam Review for Intermediate Microeconomic Theory

Course materials