Microeconomic Theory I OpenCourseWare: A Free MIT Graduate Study Microeconomics Course

Published Jan 31, 2009

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This free online OpenCourseWare from MIT provides the background for graduate-level economic study and is the first in a series of courses dealing with economic theory. 'Microeconomic Theory I' is intended for graduate students earning a master's degree in Economics and also provides excellent instruction for business professionals. The 'Microeconomic Theory I' course covers economic methodologies and subjects, including certainty and uncertainty principles, market competition and price theory.

Microeconomic Theory I: Course Specifics

Degree Level Free Audio Video Downloads
Graduate Yes No No Yes

Lectures/Notes Study Materials Tests/Quizzes
No Yes Yes

Microeconomic Theory I: Course Description

This free graduate-level course will appeal to business professionals, as well as students seeking a deeper understanding of microeconomic theory and practice. It is recommended that an undergraduate-level microeconomics course be completed as preparation for this course. Familiarity with multivariable calculus is also strongly encouraged. The subject matter is intended to provide the foundation and background needed for success in Economics master's degree programs. This lecture-based course is taught by Professor Glenn Ellison of MIT. The course focuses on a number of basic economic subjects, such as certainty and uncertainty principles, theories of production, competitive markets and the application of comparative statistics. Students can also expect to study economic equilibriums, monopolies and other principles of microeconomics.

Homework assignments and an exam are available for download. Some suggested readings are available online, but most are technical papers only available in academic journals. If you're interested in taking this free graduate-level economics course, visit the microeconomic theory course page.

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