14.03 Intermediate Applied Microeconomics, Fall 2000
Author(s)
Autor, David H.
Alternative Title
Intermediate Applied Microeconomics
Date Issued
December 2000
Abstract
Presents basic theory and applications of consumer and producer behavior and welfare analysis at an intermediate level. Emphasizes applications, including the measurement of productivity, rationing, insurance markets, and intertemporal behavior. Credit not given for both 14.03 and 14.04. From the course home page: Course Description This class presents microeconomic theory and applications of consumer and producer behavior and welfare analysis at an intermediate level. In addition to standard competitive models, we study deviations due to externalities, asymmetric information, and imperfect rationality. We apply this material to policy debates including minimum wage regulations, food stamp provision, trade protection, educational credentials, health insurance markets, and Internet shopping.
Subjects
consumer behavior
producer behavior
welfare analysis
measurement of productivity
rationing
insurance markets
intertemporal behavior
Microeconomics
MIT Department
Massachusetts Institute of Technology. Department of Economics
Terms of Use
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