14.01 Principles of Microeconomics
14.01 Principles of Microeconomics (Fall 2018, MIT OCW). Instructor: Prof. Jonathan Gruber. 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. (from ocw.mit.edu)
Lecture 01 - Introduction and Supply and Demand |
In this video, Prof. Gruber discusses the details of the course, what microeconomics is, and the concept of supply and demand.
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