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Last updated:

December 9, 2022

Duration:

Unlimited Duration

FREE

This course includes:

Unlimited Duration

Badge on Completion

Certificate of completion

Unlimited Duration

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.

Course Curriculum

  • Introduction and Supply & Demand Unlimited
  • Preference and Utility Functions Unlimited
  • Budget Constraints and Constrained Choice Unlimited
  • Demand Curves and Income/Substitution Effects Unlimited
  • Production Theory Unlimited
  • Costs Unlimited
  • Competition I Unlimited
  • Competition II Unlimited
  • Supply and Demand & Consumer/Producer Surplus Unlimited
  • Welfare Economics Unlimited
  • Monopoly I Unlimited
  • Monopoly II Unlimited
  • Oligopoly Unlimited
  • Oligopoly II Unlimited
  • Input Markets I—Labor Market Unlimited
  • Input Markets II—Labor and Capital Unlimited
  • International Trade: Welfare and Policy Unlimited
  • Uncertainty Unlimited
  • Efficiency and Equity Unlimited
  • Government Redistribution and Taxation Unlimited
  • Market Failures I: Externalities Unlimited
  • Market Failures II: Informational Asymmetry Unlimited
  • Health Economics Unlimited

About the instructor

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Courses

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Massachusetts Institute of Technology
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