14.01 | Fall 2018 | Undergraduate

Principles of Microeconomics

Lecture Videos

Lecture 7: Competition I

Description

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

Departments
As Taught In
Fall 2018
Level
Undergraduate
Topics
Learning Resource Types
Lecture Videos
Problem Sets with Solutions
Exams with Solutions
Lecture Notes
Instructor Insights
Download Course
MIT Open Learning
Over 2,500 courses & materials
Freely sharing knowledge with learners and educators around the world. Learn more
© 2001–2024 Massachusetts Institute of Technology
Accessibility
Creative Commons License
Terms and Conditions
Proud member of:
© 2001–2024 Massachusetts Institute of Technology