Applied Microeconomics OpenCourseWare: A Free Undergraduate Class on Microeconomics and Consumer Behavior by MIT
This 'Intermediate Applied Microeconomics' OpenCourseWare examines the behavior of economic decision-makers like consumers and producers. Students who took the original course at the Massachusetts Institute of Technology (MIT) used mathematical models to examine diverse topics ranging from online shopping to welfare policy. MIT requires its Bachelor of Science in Economics degree candidates to take this course.
Intermediate Applied Microeconomics: Course Specifics
Degree Level | Free | Audio | Video | Downloads |
---|---|---|---|---|
Undergraduate | Yes | No | No | Yes |
Lectures/Notes | Study Materials | Tests/Quizzes |
---|---|---|
Yes | Yes | Yes |
Intermediate Applied Microeconomics: Course Description
Introductory Microeconomics courses introduce models of economic behavior that are based on rigid assumptions about actors' rationality and access to information. In this intermediate course, students explore more complex models that account for the costs of acquiring information and the impact that 'non-rational' considerations like love and fear can have on economic decision-making. In Professor David Autor's 'Intermediate Applied Microeconomics' lecture class, students learned how economic actors choose between several risky alternatives (i.e., whether to buy a cheaper used car with cash or take out a loan on a more expensive car), and how the value of a human being's life is calculated for statistical purposes. This course is a requirement for students pursuing a B.S. in Economics at the Massachusetts Institute of Technology. The materials in this OpenCourseWare will be easier to understand for those familiar with calculus.
You'll find a reading list, lecture notes, assignments with solutions, three exams and downloadable study materials in this 'Intermediate Applied Microeconomics' OpenCourseWare. To begin studying today, visit the applied microeconomics course page.
Featured School Choices:
-
Grand Canyon University
Grand Canyon University responds quickly to information requests through this site.
Suggested programs:
- B.S. in Finance and Economics
More information about Grand Canyon University
-
Purdue Global
Purdue Global responds quickly to information requests through this site.
Suggested programs:
- BSBA in Purchasing
- AASBA - Retail Management
More information about Purdue Global
-
The University of Tennessee
The University of Tennessee responds quickly to information requests through this site.
More information about The University of Tennessee
-
University of Maryland Global Campus
University of Maryland Global Campus responds quickly to information requests through this site.
-
University of Utah
University of Utah responds quickly to information requests through this site.
More information about University of Utah
-
University of Arizona
University of Arizona responds quickly to information requests through this site.
More information about University of Arizona