14.01SC | Fall 2011 | Undergraduate

Principles of Microeconomics

Unit 6: Topics in Intermediate Microeconomics

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In this unit of the course, we provide an introduction to a number of more advanced topics in microeconomics that round out our basic understanding of the economy, and are relevant in more advanced study and research. First, you will be provided with an overview of firm operation in factor markets. Next, you will learn about how consumers incorporate uncertainty into their decision-making. You will also be introduced to the analysis of international trade and capital markets.

  Factor Markets

  Image courtesy of Remko Tanis on Flickr.

  International Trade

  Image courtesy of ntknicole on Flickr.

  Uncertainty

  Image courtesy of Tom Morris on Flickr.

  Capital Supply and Markets I

  This image is in the public domain. Source: Wikipedia.

  Capital Supply and Markets II

  Image courtesy of B3OK on Flickr.

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Fall 2011
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