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14.03 2000¬î©u½Òµ{¡G¤¤¯Å­ÓÅé¸gÀÙ¾ÇÀ³¥Î(Intermediate Applied Microeconomics, Fall 2000)


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Graph of persons receiving food stamps 1960-2000.
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Persons receiving food stamps in the U.S., 1960-2000. Shaded areas are periods of recession as defined by the National Bureau of Economic Research. (Image courtesy of U.S. Deptartment of Health and Human Services.)

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This course includes exams, as well as problem sets and solutions, which are located in the assignments section.

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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.

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