14.01 | Fall 2018 | Undergraduate

Principles of Microeconomics

Lecture Videos

Lecture 4: Demand Curves and Income/Substitution Effects


Prof. Gruber begins the lecture by explaining how to derive demand curves. Other topics covered include elasticity of demand, income shifts, and effects of a price change. See Handout 4 for relevant graphs for this lecture. 

Instructor: Prof. Jonathan Gruber

Course Info

As Taught In
Fall 2018
Learning Resource Types
Lecture Videos
Problem Sets with Solutions
Exams with Solutions
Lecture Notes
Instructor Insights