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14.01 Principles of Microeconomics, Fall 2007

dc.contributor.authorChen, Chia-Hui
dc.contributor.authorZhang, Hongliang
dc.contributor.authorMigueis, Marco
dc.contributor.authorMartinez-Bravo, Monica
dc.contributor.authorSchnabl, Peter
dc.contributor.authorKe, Rongzhu
dc.contributor.authorWheaton, William
dc.coverage.temporalFall 2007
dc.date.accessioned2020-07-21T18:43:22Z
dc.date.available2020-07-21T18:43:22Z
dc.date.issued2007-12
dc.identifier14.01-Fall2007
dc.identifier.other14.01
dc.identifier.otherIMSCP-MD5-3aaf3bb2e3c2047ba0c0e195b4ff0fc7
dc.identifier.urihttps://hdl.handle.net/1721.1/126287
dc.description.abstractThis 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.en
dc.language.isoen-US
dc.rightsThis site (c) Massachusetts Institute of Technology 2020. Content within individual courses is (c) by the individual authors unless otherwise noted. The Massachusetts Institute of Technology is providing this Work (as defined below) under the terms of this Creative Commons public license ("CCPL" or "license") unless otherwise noted. The Work is protected by copyright and/or other applicable law. Any use of the work other than as authorized under this license is prohibited. By exercising any of the rights to the Work provided here, You (as defined below) accept and agree to be bound by the terms of this license. The Licensor, the Massachusetts Institute of Technology, grants You the rights contained here in consideration of Your acceptance of such terms and conditions.en
dc.rightsAttribution-NonCommercial-ShareAlike 3.0 Unported*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-sa/3.0/*
dc.subjectmarketen
dc.subjectoptimizationen
dc.subjectallocationen
dc.subjecteconomic measurementen
dc.subjectanalysisen
dc.subjectmicroeconomicsen
dc.subjectdemanden
dc.subjectsupplyen
dc.subjectequilibriumen
dc.subjectgeneral equilibriumen
dc.subjectgovernment interventionsen
dc.subjectprice elasticity of demanden
dc.subjectincome elasticity of demanden
dc.subjectcross price elasticity of demanden
dc.subjectprice elasticity of supplyen
dc.subjectconsumer behavioren
dc.subjectconsumer preferenceen
dc.subjectutility functionsen
dc.subjectmarginal rate of substitutionen
dc.subjectbudget constraintsen
dc.subjectinterior solutionsen
dc.subjectcorner solutionsen
dc.subjectEngle curvesen
dc.subjectindividual demanden
dc.subjectmarket demanden
dc.subjectrevealed preferencesen
dc.subjectsubstitution effecten
dc.subjectincome effecten
dc.subjectGiffen goodsen
dc.subjectconsumer surplusen
dc.subjectIrish potato famineen
dc.subjectnetwork externalitiesen
dc.subjectuncertaintyen
dc.subjectpreference toward risken
dc.subjectrisk premiumen
dc.subjectindifference curvesen
dc.subjectdiversificationen
dc.subjectinsuranceen
dc.subjectproducer theoryen
dc.subjectproduction functionsen
dc.subjectshort runen
dc.subjectlong runen
dc.subjectreturns to scaleen
dc.subjectcost functionsen
dc.subjecteconomies of scaleen
dc.subjecteconomies of scopeen
dc.subjectlearningen
dc.subjectprofit maximizationen
dc.subjectproducer surplusen
dc.subjectagricultural price supporten
dc.subjecttaxen
dc.subjectsubsidyen
dc.subjectexchange economyen
dc.subjectcontract curvesen
dc.subjectutility possibilities frontieren
dc.subjectEdgeworth Boxen
dc.subjectproduction possibilities frontieren
dc.subjectefficiencyen
dc.subjectmonopolyen
dc.subjectmultiplant firmen
dc.subjectsocial costen
dc.subjectprice regulationen
dc.subjectmonopsonyen
dc.subjectprice discriminationen
dc.subjectpeak-load pricingen
dc.subjecttwo-part tariffsen
dc.subjectbundlingen
dc.subjectmonopolistic competitionen
dc.subjectgame theoryen
dc.subjectoligopolyen
dc.subjectCournoten
dc.subjectStackelbergen
dc.subjectBertranden
dc.subjectPrisoner's Dilemmaen
dc.title14.01 Principles of Microeconomics, Fall 2007en
dc.title.alternativePrinciples of Microeconomicsen
dc.audience.educationlevelUndergraduate
dc.subject.cip521401en
dc.subject.cipMarketing/Marketing Management, Generalen
dc.subject.cip450601en
dc.subject.cipEconomics, Generalen
dc.date.updated2020-07-21T18:43:32Z


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