Archived Versions

14.03 Intermediate Applied Microeconomics

As taught in: Fall 2004

Graph of persons receiving food stamps 1960-2000.
Persons receiving food stamps in the U.S., 1960-2000. Shaded areas are periods of recession as defined by the National Bureau of Economic Research. (Image courtesy of the U.S. Department of Health and Human Services.)




Prof. David Autor

Course Features

Course Description

This class presents microeconomic theory and applications of consumer and producer behavior and welfare analysis at an intermediate level. In addition to standard competitive models, we study deviations due to externalities, asymmetric information, and imperfect rationality. We apply this material to policy debates including minimum wage regulations, food stamp provision, trade protection, educational credentials, health insurance markets, and Internet shopping.

*Some translations represent previous versions of courses.