Principles of Microeconomics (MIT OpenCourseWare)

About this course

MIT's 14.01 introductory microeconomics course (Fall 2023): how consumers and firms make decisions, how markets work, and when and how governments should step in. Who it's for: economics students and anyone who wants to think like an economist. These are the free, official videos of the "MIT 14.01 Principles of Microeconomics, Fall 2023" playlist from the MIT OpenCourseWare YouTube channel (youtube.com/@mitocw). All videos belong to MIT OpenCourseWare; Sikhami is not affiliated with MIT OpenCourseWare and simply arranges the public playlist into a course, so you can learn one lesson at a time and keep track of your progress.

What you will learn

• Supply and demand • Budget constraints, consumer choice and demand curves • Production theory and costs • Competition, monopoly and oligopoly • Welfare economics, input markets and international trade • Efficiency and equity, social insurance, taxation and health care economics

Course content

1 section · 26 lectures · 20h 26m

1. 1. MIT 14.01 Principles of Microeconomics, Fall 2023

   • Lec 1: Introduction to Principles of Microeconomics and Supply & Demand38m
   • Lec 2: Preferences and Utility Function40m
   • Lec 3: Budget Constraints and Constrained Choice48m
   • Lec 4: Demand Curves and Income/Substitution Effects46m
   • Lec 5: Production Theory47m
   • Lec 6: Costs46m
   • Lec 7: Competition I47m
   • Lec 8: Competition II47m
   • Lec 9: Supply and Demand & Consumer/Producer Surplus47m
   • Lec 10: Welfare Economics44m
   • Lec 11: Monopoly I46m
   • Lec 12: Monopoly II47m
   • Lec 13: Oligopoly I47m
   • Lec 14: Oligopoly II45m
   • Lec 15: Input Markets I—Labor Market51m
   • Lec 16: Input Markets II—Labor and Capital49m
   • Lec 17: Making Choices over Time49m
   • Lec 18: Introduction to Trade47m
   • Lec 19: International Trade: Welfare and Policy48m
   • Lec 20: Uncertainty47m
   • Lec 21: Social Insurance49m
   • Lec 22: Efficiency and Equity50m
   • Lec 23: Government Redistribution and Taxation50m
   • Lec 24: Externalities46m
   • Lec 25: Behavioral Economics47m
   • Lec 26: Health Care Economics44m