14.01 Principles of Microeconomics, Fall 2007
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 bo...
| Main Authors: | , , , , , , |
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| Language: | en-US |
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2020
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| Online Access: | https://hdl.handle.net/1721.1/126287 |
| _version_ | 1811075746257436672 |
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| author | Chen, Chia-Hui Zhang, Hongliang Migueis, Marco Martinez-Bravo, Monica Schnabl, Peter Ke, Rongzhu Wheaton, William |
| author_facet | Chen, Chia-Hui Zhang, Hongliang Migueis, Marco Martinez-Bravo, Monica Schnabl, Peter Ke, Rongzhu Wheaton, William |
| author_sort | Chen, Chia-Hui |
| collection | MIT |
| description | 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. This course is a core subject in MIT's undergraduate Energy Studies Minor. This Institute-wide program complements the deep expertise obtained in any major with a broad understanding of the interlinked realms of science, technology, and social sciences as they relate to energy and associated environmental challenges. |
| first_indexed | 2024-09-23T10:11:13Z |
| id | mit-1721.1/126287 |
| institution | Massachusetts Institute of Technology |
| language | en-US |
| last_indexed | 2024-09-23T10:11:13Z |
| publishDate | 2020 |
| record_format | dspace |
| spelling | mit-1721.1/1262872020-07-31T10:09:56Z 14.01 Principles of Microeconomics, Fall 2007 Principles of Microeconomics Chen, Chia-Hui Zhang, Hongliang Migueis, Marco Martinez-Bravo, Monica Schnabl, Peter Ke, Rongzhu Wheaton, William 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 marginal rate of substitution budget constraints interior solutions corner solutions Engle curves individual demand market demand revealed preferences substitution effect income effect Giffen goods consumer surplus Irish potato famine network externalities uncertainty preference toward risk risk premium indifference curves diversification insurance producer theory production functions short run long run returns to scale cost functions economies of scale economies of scope learning profit maximization producer surplus agricultural price support tax subsidy exchange economy contract curves utility possibilities frontier Edgeworth Box production possibilities frontier efficiency monopoly multiplant firm social cost price regulation monopsony price discrimination peak-load pricing two-part tariffs bundling monopolistic competition game theory oligopoly Cournot Stackelberg Bertrand Prisoner's Dilemma 521401 Marketing/Marketing Management, General 450601 Economics, General 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. This course is a core subject in MIT's undergraduate Energy Studies Minor. This Institute-wide program complements the deep expertise obtained in any major with a broad understanding of the interlinked realms of science, technology, and social sciences as they relate to energy and associated environmental challenges. 2020-07-21T18:43:22Z 2020-07-21T18:43:22Z 2007-12 2020-07-21T18:43:32Z 14.01-Fall2007 14.01 IMSCP-MD5-3aaf3bb2e3c2047ba0c0e195b4ff0fc7 https://hdl.handle.net/1721.1/126287 en-US This site (c) Massachusetts Institute of Technology 2020. Content within individual courses is (c) by the individual authors unless otherwise noted. 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| spellingShingle | 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 marginal rate of substitution budget constraints interior solutions corner solutions Engle curves individual demand market demand revealed preferences substitution effect income effect Giffen goods consumer surplus Irish potato famine network externalities uncertainty preference toward risk risk premium indifference curves diversification insurance producer theory production functions short run long run returns to scale cost functions economies of scale economies of scope learning profit maximization producer surplus agricultural price support tax subsidy exchange economy contract curves utility possibilities frontier Edgeworth Box production possibilities frontier efficiency monopoly multiplant firm social cost price regulation monopsony price discrimination peak-load pricing two-part tariffs bundling monopolistic competition game theory oligopoly Cournot Stackelberg Bertrand Prisoner's Dilemma 521401 Marketing/Marketing Management, General 450601 Economics, General Chen, Chia-Hui Zhang, Hongliang Migueis, Marco Martinez-Bravo, Monica Schnabl, Peter Ke, Rongzhu Wheaton, William 14.01 Principles of Microeconomics, Fall 2007 |
| title | 14.01 Principles of Microeconomics, Fall 2007 |
| title_full | 14.01 Principles of Microeconomics, Fall 2007 |
| title_fullStr | 14.01 Principles of Microeconomics, Fall 2007 |
| title_full_unstemmed | 14.01 Principles of Microeconomics, Fall 2007 |
| title_short | 14.01 Principles of Microeconomics, Fall 2007 |
| title_sort | 14 01 principles of microeconomics fall 2007 |
| topic | 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 marginal rate of substitution budget constraints interior solutions corner solutions Engle curves individual demand market demand revealed preferences substitution effect income effect Giffen goods consumer surplus Irish potato famine network externalities uncertainty preference toward risk risk premium indifference curves diversification insurance producer theory production functions short run long run returns to scale cost functions economies of scale economies of scope learning profit maximization producer surplus agricultural price support tax subsidy exchange economy contract curves utility possibilities frontier Edgeworth Box production possibilities frontier efficiency monopoly multiplant firm social cost price regulation monopsony price discrimination peak-load pricing two-part tariffs bundling monopolistic competition game theory oligopoly Cournot Stackelberg Bertrand Prisoner's Dilemma 521401 Marketing/Marketing Management, General 450601 Economics, General |
| url | https://hdl.handle.net/1721.1/126287 |
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