Microeconomic Theory I

A photograph of stacks of Canadian fifty dollar, American five dollar, and British five pound notes lined up on a table.

Microeconomics focuses on patterns of supply and demand and the determination of price and output in individual markets. (Image by Jessica C. on Flickr. CC BY-NC.)


MIT Course Number


As Taught In

Fall 2015



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Course Description

Course Features

Course Description

This half-semester course provides an introduction to microeconomic theory designed to meet the needs of students in an economics Ph.D. program. Some parts of the course are designed to teach material that all graduate students should know. Others are used to introduce methodologies. Students should be comfortable with multivariable calculus, linear algebra, and basic real analysis.

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Related Content

Alexander Wolitzky, and Alan Olivi. 14.121 Microeconomic Theory I. Fall 2015. Massachusetts Institute of Technology: MIT OpenCourseWare, https://ocw.mit.edu. License: Creative Commons BY-NC-SA.

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