PROFESSOR: I was an undergrad at MIT. And I majored in both economics and management. And while I was taking classes in these subjects, I also had the chance to tutor and teach the subjects for a couple of semesters over a couple of years. And while I was tutoring and teaching the subject, what I noticed is that there were a number of problems that would always trip up students in certain and specific ways. And so what I'm hoping to do in these problem-solving videos is I'm hoping to take some of the more difficult problems from the PSETS, and take you through the solutions, so that these problems that come up won't affect you.
And what we're going to do is I want you to not just take away a quantitative solution to the problem. But more specifically, I want you to be able to take that quantitative solution, link it to a conceptual understanding through figures and diagrams, and ultimately build a greater intuition about economics principles in general. I hope you enjoy the videos, and I look forward to working with you.