Intermediate Microeconomic Theory

Price of good 1 is decreased. Slutsky decomposition.

Price of good 1 is decreased. Slutsky decomposition. (Image by Prof. Sergei Izmalkov.)


MIT Course Number


As Taught In

Fall 2006



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Course Features

Course Description

This course focuses on the following topics: basic theory of consumer behavior; production and costs; partial equilibrium analysis of pricing in competitive and monopolistic markets; general equilibrium; welfare; and externalities. It is recommended for students planning to apply to graduate school in economics, accounting, or finance.

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Sergei Izmalkov. 14.04 Intermediate Microeconomic Theory, Fall 2006. (Massachusetts Institute of Technology: MIT OpenCourseWare), (Accessed). License: Creative Commons BY-NC-SA

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