OCW Scholar: Principles of Microeconomics

In this lecture, we will begin to learn about the role of social insurance.

In this lecture, we discuss these issues in healthcare and the role of the PPACA in addressing these issues to demonstrate how a public policy tool can be used to address many of the economic problems discussed throughout the course.

This lecture analyzes the implications of uncertainty for consumer decisions.

This lecture provides a basic introduction to the principles of international trade.

In this lecture, we learn about different models of oligopolies.

This lecture provides an introduction to the economics of taxation.

This lecture focuses on the operation of firms in the factor markets that supply the factors (labor and capital) they use in production.

This lecture provides an introduction to oligopolies.

In this lecture, we will begin to learn about the efficiency-equity trade-off.

In this lecture, we will discuss how individuals make major decisions, such as whether to attend college and how much to save for retirement.

This lecture analyzes the decisions consumers and firms make in the capital market.

In this lecture we continue our discussion of monopolies, and consider the role of the government in regulating monopolistic firms.

In this lecture, we begin our discussion of competitive markets by analyzing the most common type of market: perfect competition.

In this lecture, we begin to learn about the operations of a monopoly market, where only one firm is producing a given good.

In this lecture, we continue our discussion of welfare economics by learning how to analyze producer and consumer surplus.

In this lecture, we continue to learn about competition, and its implications for the supply curve for different goods.

In this lecture, we begin to understand why firms may not always maximize profits. We also begin to think about welfare economics and how we can measure the welfare consumers gain from participating in a market.

In this lecture, we will analyze firms' cost functions.

This lecture continues our discussion of labor economics with an analysis of the demand for child labor.

In this lecture, we learn how to use our model of individual behavior to generate predictions about what will happen to total demand when the price changes.

In this lecture, we learn about utility, how to define it and how we represent it mathematically.

This lecture provides an overview of the economics of the labor market.

In this lecture we learn how to analyze how consumers make choices when they face a budget constraint.

In this lecture, we learn how to analyze supply and demand curves and the impact changes in market conditions and government policy can have on market equilibrium.

In this lecture, we will learn how companies make important operation decisions.

In this lecture, we learn about elasticity and the impact a change in price has on the demand for the good.

This lecture is an introduction to the principles of microeconomics and explains the role of economics in our everyday lives.

A teaching assistant demonstrates their approach to the solution for Problem 2 from Problem Set 8. The TA notes common mistakes made by students and provides problem solving techniques for approaching similar questions on the problem set and exams.

A teaching assistant demonstrates their approach to the solution for Problem 2 from Problem Set 7. The TA notes common mistakes made by students and provides problem solving techniques for approaching similar questions on the problem set and exams.

A teaching assistant demonstrates their approach to the solution for Problem 4 from Problem Set 6. The TA notes common mistakes made by students and provides problem solving techniques for approaching similar questions on the problem set and exams.

A teaching assistant demonstrates their approach to the solution for Problem 3 from Problem Set 6. The TA notes common mistakes made by students and provides problem solving techniques for approaching similar questions on the problem set and exams.

A teaching assistant demonstrates their approach to the solution for Problem 4 from Problem Set 5. The TA notes common mistakes made by students and provides problem solving techniques for approaching similar questions on the problem set and exams.

A teaching assistant demonstrates their approach to the solution for Problem 5 from Problem Set 3. The TA notes common mistakes made by students and provides problem solving techniques for approaching similar questions on the problem set and exams.

A teaching assistant demonstrates their approach to the solution for Problem 3 from Problem Set 4. The TA notes common mistakes made by students and provides problem solving techniques for approaching similar questions on the problem set and exams.

A teaching assistant demonstrates their approach to the solution for Problem 4 from Problem Set 2. The TA notes common mistakes made by students and provides problem solving techniques for approaching similar questions on the problem set and exams.

A teaching assistant demonstrates their approach to the solution for Problem 4 from Problem Set 1. The TA notes common mistakes made by students and provides problem solving techniques for approaching similar questions on the problem set and exams.

A teaching assistant demonstrates their approach to the solution for Problem 3 from Problem Set 1. The TA notes common mistakes made by students and provides problem solving techniques for approaching similar questions on the problem set and exams.

The course teaching assistant introduces himself and explains the purpose and content of the problem solving videos in this course.