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This introductory undergraduate course introduces microeconomic concepts and analysis, supply and demand analysis, theories of the firm and individual behavior, competition and monopoly, and welfare economics.

World Economic Freedom

Introductory lesson on supply and demand.

Aggregate Supply and Demand

This introductory course teaches the fundamentals of microeconomics. Topics include consumer theory, producer theory, the behavior of firms, market equilibrium, monopoly, and the role of the government in the economy. 14.01 is a Humanities, Arts, and Social Sciences (HASS) elective and is offered both terms.

Remember this simple flow of economic interactions whenever you get lost in fancy 'economic'words'!!!

Fiscal policy

The concept of supply and demand is often called the heart and soul of economics. It is the foundation for much of what is studied in the field. Understanding how supply and demand affect the economy helps us recognize economics everywhere in our daily lives.

The concept of supply and demand is often called the heart and soul of economics. It is the foundation for much of what is studied in the field. Understanding how supply and demand affect the economy helps us recognize economics everywhere in our daily lives.

AP_MACROECONOMICS_PRACTICE_EXAM_2_08.GIF 321×184 pixels

Understanding inflation... Don't just put your money in a bank account, invest it.

Understanding inflation... Don't just put your money in a bank account, invest it.

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