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MIT 14.01: Principles of Microeconomics →0/22
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1. Introduction and Supply & Demand

34:47
2

2. Preferences and Utility Functions

41:23
3

3. Budget Constraints and Constrained Choice

49:04
4

4. Demand Curves and Income/Substitution Effects

49:31
5

5. Production Theory

48:56
6

6. Costs

50:41
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7. Competition I

48:35
8

Lecture 8: Competition II (14.01)

50:15
9

Lecture 9: Supply and Demand \u0026 Consumer/Producer Surplus (14.01)

47:49
10

Lecture 10: Welfare Economics (14.01)

48:17
11

Lecture 11: Monopoly I (14.01)

50:34
12

Lecture 12: Monopoly II (14.01)

46:55
13

Lecture 13: Oligopoly (14.01)

46:14
14

Lecture 14: Oligopoly II (14.01)

45:11
15

Lecture 15: Input Markets I—Labor Market (14.01)

50:16
16

Lecture 16: Input Markets II—Labor and Capital (14.01)

49:00
17

Lecture 17: Making Choices Over Time (14.01)

49:10
18

Lecture 18: Increasing Savings \u0026 Introduction to Trade (14.01)

48:09
19

Lecture 19: International Trade: Welfare and Policy (14.01)

48:17
20

Lecture 20: Uncertainty (14.01)

48:30
21

Lecture 21: Efficiency and Equity (14.01)

49:59
22

Lecture 22: Government Redistribution and Taxation (14.01)

47:12

Lecture 11: Monopoly I (14.01)

Jonathan GruberMIT

Professor

50:34·2020·introductory level

This lecture transitions from perfect competition to monopoly, focusing on the distinct mechanisms of monopoly profit maximization and the subsequent welfare effects on the economy.

EconomicsMicro & MacroeconomicsMonopolyProfit MaximizationMarket Power

MIT 14.01 Principles of Microeconomics, Fall 2018

Instructor: Prof. Jonathan Gruber

* View newer version of the course: https://ocw.mit.edu/14-01F23 *

YouTube Playlist: https://www.youtube.com/playlist?list=PLUl4u3cNGP62oJSoqb4Rf-vZMGUBe59G-

Previous · Lecture 10

Lecture 10: Welfare Economics (14.01)

Next · Lecture 12

Lecture 12: Monopoly II (14.01)

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