14.01 | Fall 2018 | Undergraduate

Principles of Microeconomics

Lecture Videos

Lecture 7: Competition I


This lecture finishes the discussion about costs from Lecture 6, and then the instructor explains perfect competition and short-run profit maximization. See Handout 7 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