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Course Info

  • Course Number / Code:
  • 14.01 (Fall 2007) 
  • Course Title:
  • Principles of Microeconomics 
  • Course Level:
  • Undergraduate 
  • Offered by :
  • Massachusetts Institute of Technology (MIT)
    Massachusetts, United States  
  • Department:
  • Economics 
  • Course Instructor(s):
  • Chia-Hui Chen
    Prof. William Wheaton

    Teaching Assistants:
    Rongzhu Ke
    Monica Martinez-Bravo
    Marco Migueis
    Peter Schnabl
    Hongliang Zhang 
  • Course Introduction:

  • 14.01 Principles of Microeconomics

    Fall 2007

    Course Highlights

    14.01 Principles of Microeconomics

    Fall 2007

    A supply curve (increasing line) and a demand curve (decreasing line) intersect at the market price. The x-axis is quantity and the y-axis is price.
    Supply and demand curves intersect at the market price. (Image by MIT OpenCourseWare.)

    Course Description

    This introductory course teaches the fundamentals of microeconomics. Topics include consumer theory, producer theory, the behavior of firms, market equilibrium, monopoly, and the role of the government in the economy. 14.01 is a Humanities, Arts, and Social Sciences (HASS) elective and is offered both terms.

    Recommended Citation

    For any use or distribution of these materials, please cite as follows:

    William Wheaton, Chia-Hui Chen, Rongzhu Ke, Monica Martinez-Bravo, Marco Migueis, Peter Schnabl, and Hongliang Zhang, course materials for 14.01 Principles of Microeconomics, Fall 2007. MIT OpenCourseWare (, Massachusetts Institute of Technology. Downloaded on [DD Month YYYY].


This course content is a redistribution of MIT Open Courses. Access to the course materials is free to all users.

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