Externalities in Theory

Jonathan Gruber · 1:17:13

This lecture introduces the fundamental concept of externalities and market failures, providing a crucial microeconomic foundation for understanding why government intervention might be necessary.

How Do Families Decide?

Esther Duflo · 1:18:58

Moving from market-level failures to individual units, this lecture delves into the microeconomics of household decision-making, analyzing how families allocate resources under scarcity.

Savings

Abhijit Banerjee · 1:14:29

Extending the analysis of household behavior, this lecture specifically examines savings decisions, highlighting behavioral aspects and constraints that influence economic outcomes for individuals and families.

Why Nations Fail: The Origins of Power, Prosperity, and Poverty

Daron Acemoglu · 1:10:50

Transitioning to macroeconomics, this lecture broadens the scope to national prosperity, arguing that inclusive institutions are fundamental drivers of economic development, building on the micro-foundations of individual and household choices.