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Course Info

  • Course Number / Code:
  • 14.04 (Fall 2006) 
  • Course Title:
  • Intermediate Microeconomic Theory 
  • Course Level:
  • Undergraduate 
  • Offered by :
  • Massachusetts Institute of Technology (MIT)
    Massachusetts, United States  
  • Department:
  • Economics 
  • Course Instructor(s):
  • Prof. Sergei Izmalkov 
  • Course Introduction:

  • 14.04 Intermediate Microeconomic Theory

    Fall 2006

    Course Highlights

    14.04 Intermediate Microeconomic Theory

    Fall 2006

    Price of good 1 is decreased. Slutsky decomposition.
    Price of good 1 is decreased. Slutsky decomposition. (Image by Prof. Sergei Izmalkov.)

    Course Description

    This course focuses on the following topics: basic theory of consumer behavior; production and costs; partial equilibrium analysis of pricing in competitive and monopolistic markets; general equilibrium; welfare; and externalities. It is recommended for students planning to apply to graduate school in economics, accounting, or finance.

    Recommended Citation

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

    Sergei Izmalkov, course materials for 14.04 Intermediate Microeconomic Theory, Fall 2006. MIT OpenCourseWare (, Massachusetts Institute of Technology. Downloaded on [DD Month YYYY].

    *Some translations represent previous versions of courses.


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

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