Principles of Microeconomics

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Course Details

Cost

FREE

Upcoming Schedule

  • On demand

Course Provider

MIT online courses
MIT OpenCourseWare makes the materials used in the teaching of almost all of MIT's subjects available on the Web, free of charge. With more than 2,200 courses available, OCW is delivering on the promise of open sharing of knowledge.
MIT OpenCourseWare makes the materials used in the teaching of almost all of MIT's subjects available on the Web, free of charge. With more than 2,200 courses available, OCW is delivering on the promise of open sharing of knowledge.
Provider Subject Specialization
Humanities
Sciences & Technology
4 reviews

Course Description

14.01 Principles of Microeconomics is an introductory undergraduate course that teaches the fundamentals of microeconomics. This course introduces microeconomic concepts and analysis, supply and demand analysis, theories of the firm and individual behavior, competition and monopoly, and welfare economics. Students will also be introduced to the use of microeconomic applications to address problems in current economic policy throughout the semester.

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.

Course Format

This course has been designed for independent study. It includes all of the materials you will need to understand the concepts covered in this subject. The mat...

14.01 Principles of Microeconomics is an introductory undergraduate course that teaches the fundamentals of microeconomics. This course introduces microeconomic concepts and analysis, supply and demand analysis, theories of the firm and individual behavior, competition and monopoly, and welfare economics. Students will also be introduced to the use of microeconomic applications to address problems in current economic policy throughout the semester.

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.

Course Format

This course has been designed for independent study. It includes all of the materials you will need to understand the concepts covered in this subject. The materials in this course include:

  • A complete set of Lecture Videos by Prof. Jon Gruber.
  • Reading Assignments in your choice of two textbooks – one of which is a free online edition - as preparation for the lectures.
  • Multiple-choice Quizzes to assess your understanding of the key concepts in each session.
  • Problem Sets with solution keys to test your ability to apply to concepts covered in lecture, and Problem Solving Videos to provide step-by-step instruction through several problem set solutions.
  • A collection of links For Further Study to provide supplemental online content.
  • A full set of Exams, including review material and practice exams to help you prepare.
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Reviews 7/10 stars
1 Review for Principles of Microeconomics

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Julius profile image
8/10 starsCompleted
  • 9 reviews
  • 9 completed
1 year, 9 months ago
Course to economics that introduces you to the rigors of quantitative economics. I really liked it. I would take an course from MIT Open Courseware again.
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