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Published by: Massachusetts Institute of Technology | Language: English
Published by: Massachusetts Institute of Technology | Language: English
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This introductory course teaches the fundamentals of microeconomics. Topics include consumer theory, producer theory, the behavior of firms, market equilibrium, monopoly, and the role of the government in the economy. 14.01 is a Humanities, Arts, and Social Sciences (HASS) elective and is offered both terms.
Author(s):
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Chen, Chia-Hui
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Zhang, Hongliang
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Migueis, Marco
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Martinez-Bravo, Monica
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Schnabl, Peter
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Ke, Rongzhu
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Wheaton, William
Tag(s):
- economics
- market
- optimization
- allocation
- economic measurement
- analysis
- microeconomics
- demand
- supply
- equilibrium
- general equilibrium
- government interventions
- price elasticity of demand
- income elasticity of demand
- cross price elasticity of demand
- price elasticity of supply
- consumer behavior
- consumer preference
- utility functions
- margin
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