14.04 | Fall 2020 | Undergraduate

Intermediate Microeconomic Theory

Calendar

Session # Topic Key Dates
Lecture 1 Introduction Problem set 1 released
Lecture 2 Preferences  
Recitation 1 Preferences and Utility Maximization  
Lecture 3 Income and Substitution Effects  
Lecture 4 Production and Profit Maximization  
Recitation 2 Income and Substitution Effects  
Lecture 5:  Uncertainty

Problem set 1 due

Problem set 2 released

Lecture 6 Dynamic Optimization  
Recitation 3 Pareto Optimality  
Lecture 7 Pareto Optimality  
Exam Review Exam #1 Review  
Recitation 4 Q & A  Problem set 2 due
Exam Exam #1 (Covers materials from lectures 1–7)  
Lecture 8 Risk-Sharing Application I Problem set 3 released
Recitation 5 Village India / Portfolio Choice  
Lecture 9 Risk-Sharing Application II  
Lecture 10 Financial Modeling  
Recitation 6 Mechanism Design  
Lecture 11 Contracts and Mechanism Design I  
Recitation 7 Moral Hazard

Problem set 3 due

Problem set 4 released

Lecture 12 Contracts and Mechanism Design II  
Lecture 13 Walrasian Equilibrium and International Trade  
Recitation 8 2x2x2 model  
Lecture 14 Trade Application I  
Lecture 15 Trade Application II  
Recitation 9 Q & A Problem set 4 due
Exam Review Exam #2 Review  
Exam Exam #2 (Covers material from Lectures 8–15)  
Recitation 10 Welfare Theorems Problem set 5 released
Lecture 16 Welfare Theorems  
Lecture 17 Existence of Equilibria  
Recitation 11 Existence  
Lecture 18 Gorman Aggregation  
Lecture 19 Identification  
Recitation 12 Aggregation & Failure of Welfare Theorems  
Lecture 20 Failure of Welfare Theorems   
Lecture 21 Monetary Theory  
Recitation 13 Q & A Problem set 5 due
Exam Review Exam #3 Review  
Exam Exam #3 (Covers material from all lectures)   

Course Info

Departments
As Taught In
Fall 2020
Learning Resource Types
Exams with Solutions
Lecture Videos
Readings
Problem Sets