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Introduction and Supply & Demand

Jonathan GruberDistinguishedMIT

Ford Professor of Economics

34:47·2020·introductory level
Path step 1: Establishes price signals, market clearing, and comparative statics.

This introductory lecture establishes the foundational principles of microeconomics, defining its scope and rigorously developing the core concepts of supply and demand to analyze market mechanisms.

MIT 14.01 Principles of Microeconomics, Fall 2018

Source: MIT OpenCourseWare via YouTubeWatch on YouTube

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